The Hindu Business Line : ING Vysya MF calling amateur investors

Advertisement

Mumbai Feb. 7 If you have business acumen, confidence, ability to work under stress, decision-making abilities, soft skills and above all a keen interest in the investment business and fund management, here's your chance to become the fund manager for ING Vysya Mutual Fund.

ING Vysya Mutual Fund, along with CNBC Awaaz, has organised a reality show, `Indian Investor of the Year' on television to select India's best amateur investor.

Candidates have been registered to play the online game on iiy.moneycontrol.com, from Jan 21 to Feb 5. They would be offered a notional amount of Rs 5 lakh each to invest and build their portfolio. "We have received around 8,000 applicants," said Mr Vikaas M. Sachdeva, Country Head-Business Development, ING Vysya Mutual Fund.

The top 1,000 portfolios will be screened using various qualitative tests. An eminent jury including Mr Dhirendra Kumar of Value Research, will shortlist 200 candidates in six cities.

There will be nine finalists who will have to manage a corpus of Rs 10 crore each along with various constraints that come with the art of fund management. One participant will be eliminated at the end of each week and the contestant who proves his mettle will be the Indian Investor of the Year.

"If the winner meets adequate qualifications and a required age, he will walk away with the job as a fund manager with ING Vysya. The winner will also be sent for training to one of the global offices of the mutual fund," informed Mr Sachdeva.

Mr Sachdeva added the programme is an exercise to create awareness of the fund house brand with distributors and investors.