Sundaram Mutual Fund has revised the exit load of the following schemes:
Scheme Name | Existing exit load | Revised exit load |
Sundaram Income Plus | 2 % if redeemed within 1 year and 1.50 % if redeemed between 1 year-1.5 years | Nil |
Sundaram MIP-Aggressive Plan | 2% 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.