Bangalore: Mutual Fund is a collective scheme which brings out money from many investors to buy stocks, bonds, short-term money market instruments or different types of securities. The top 5 mutual funds for the month of May are as follows:

1. ING Global Real Estate Fund

Type: Open Ended ETF

Fund Manager: Arvind Bansal , Anand Shah.

Launch Date: December 31, 2007

Fund Size (in Crore): 45.74 as on April 30, 2012

Minimum Investment (in ): 5000

The primary investment objective of the Scheme is to seek capital ppreciation by investing predominantly in ING Global Real Estate Securities Fund The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized.

The Net Asset Value (NAV) for the scheme is 12.29 as on May 11, 2012. The 52 week high value of the scheme is 12.52 as on May 4, 2012 and 52 week low value was 9.07 as on August 8, 2011.

Since its inception, the Risk Return Value (RRV) has been 4.84 percent and for the month has been 6.41 percent.

The top holdings are - International Fund, CBLO and Cash.