Sundaram Mutual reintroduces 2% entry load for its equities
By Our Markets Bureau | 30 Aug 2003
Chennai:
Sundaram Mutual has reintroduced the entry load of 2 per
cent for investments below Rs 25 lakh on three of its
equity products — Sundaram Select Focus, Sundaram
Growth and Sundaram Select Midcap Fund.
The new load structure will come into effect from 1 September 2003.
There
will be no entry load for investments equal to or greater
than Rs 25 lakh. There is no exit load on the equity funds
of Sundaram Mutual.