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.