Sundaram Mutual Fund has announced the merger of Sundaram India Leadership Fund with Sundaram Growth Fund. It will be effective from July 11, 2012. Currently, Sundaram India Leadership fund manages Rs.125.63 crores (as on March 31, 2012). This scheme was launched in June 2004.
Investors of Sundaram India Leadership fund have been given an option of exit without paying any exit load from June 11, 2012 to July 7, 2012.