INDIAN BANK MUTUAL FUND

INDIAN BANK MUTUAL FUND

Indian Bank Mutual Fund [IBMF] was formed as a Trust during 1990 sponsored by Indian Bank with a corpus of Rs. 25 lakhs. The schemes of IBMF were managed by the Trust during the years 1990-1994. To comply with the SEBI [MF] Regulations, 1993, M/s Indfund Management Ltd. [IFML), an Asset Management Company was formed during January 1994 as a wholly owned subsidiary of Indian Bank with a paid up capital of Rs.5 crores. Since January 1994, the schemes of IBMF were managed by IFML. IBMF launched 12 close-ended schemes and raised Rs.627.10 crore. Out of the 12 schemes 9 schemes were redeemed on maturity dates. Three schemes, viz; Ind Navratna, Ind Shelter and Ind Tax Shield schemes were transferred to Tata Mutual Fund during November 2001. Consequent to a Scheme of Amalgamation approved by the Hon’ble High Court of Bombay, IFML has been since merged with Indian Bank on 07.09.2012 and the Trust [IBMF] is functioning from   INDIAN BANK, Corporate office, Chennai –600014.

The following schemes of Indian Bank Mutual Fund have been redeemed and the redemption value can be obtained by submitting completed redemption application along with Unit Certificates.

  The following offices can also be contacted for the Redemption forms:

OFFICE:
INDIAN BANK MUTUAL FUND
C/o INDIAN BANK,
Corporate Office, Accounts Dept,
254-260, Avvai Shanmugam Salai,
Royapettah, Chennai 600 014.
Phone: 044-28134484
E-Mail: ibmf[at]indianbank[dot]co[dot]in
REGISTRAR:
M/s CAMEO Corporate Services Ltd
UNIT-INDIAN BANK MUTUAL FUND,
Subramanian Building,
No 1, Club House Road Chennai 600 002.
Phone: 044- 28460718 Fax: 044- 28460129
E-mail: investor[at]cameoindia[dot]com

Investors of Ind Shelter, Ind Tax Shield and Ind Navratna schemes are requested to approach Tata Mutual Fund for redemption or any other queries at the following address:

Schemes Transferred to M/s Tata Mutual Fund:

Ind Shelter scheme matured on 31.03.2002. Tata Mutual Fund has sent redemption warrant to all the unit holders during the last week of April 2002.

Ind Taxshield scheme was redeemed on 31.03.2003. Tata Mutual Fund has automatically classified the unredeemed folios under the above scheme to Tata Equities Opportunities Fund [open ended scheme] and also sent the Statement of Account to all the investors having unredeemed units.

Ind Navratna [Rolled Over) scheme was redeemed on 31.03.2004. Tata Mutual Fund has automatically classified the unredeemed folios under the above scheme to Tata Growth Scheme [open ended] and also sent the Statement of Account to all the investors having unredeemed units.