Monday, December 22, 2008

ING MF CEO resigns

Vineet Vohra, chief executive officer, ING Mutual Fund has resigned from his position for a new assignment in ING, reports Business Standard.
Vineet had joined ING Investment Management India in July 2007 and was CEO of both Optimix and ING Investment Management India.
He had an experience of over 20 years which included a 19 year experience with Citibank both in India and Singapore.
Vineet holds an MBA from Indian Institute of Management- Calcutta and a Chartered Financial Analyst (CFA) degree from CFA institute, USA.
Another key member of ING Investment Management, Paras Adenwala, it`s chief investment officer - equities, had also stepped down last week.

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Moderate Portfolio

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  • HDFC Prudence Fund (Balance Fund) 9%
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  • Principal MIP Fund (15% Equity oriented) 10%
  • IDFC Savings Advantage Fund (Liquid Fund) 6%
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  • HDFC TOP 200 Fund (Large Cap Fund) 8%
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  • IDFC Savings Advantage Fund (Liquid Fund) 14%

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