Sundaram Mutual reintroduces 2% entry load for its equities

By Our Markets Bureau | 30 Aug 2003

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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.