ING launches global commodity fund in Rajasthan

ING Investment Management India on Monday launched its Global Commodities Fund, an open-ended fund of funds scheme, for Rajasthan investors.

JAIPUR: ING Investment Management India on Monday launched its Global Commodities Fund, an open-ended fund of funds scheme, for Rajasthan investors.

Global Commodities Fund is an FoF scheme that would invest in various commodity funds.

The scheme's commodity exposure offers a strong hedge against inflation, making it a relevant asset class especially in the current scenario, the company's Chief Information Officer Arvind Bansal told a press conference here.

The issue comprises units of Rs 10 per unit, plus applicable entry load, he added.
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