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Sundaram Income Plus removes exit load

Sundaram Mutual Fund has revised the exit load of the following schemes:

Scheme NameExisting exit loadRevised exit load
Sundaram Income Plus2 % if redeemed within 1 year and 1.50 % if redeemed between 1 year-1.5 yearsNil
Sundaram MIP-Aggressive Plan2% if redeemed within 12 months, 1.50% if redeemed between 12 months- 18 months and 1% if redeemed between 18 months- 24 months

The effective date is February 25, 2015.