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Sundaram Global Brand Fund Announces change in Minimum Investment and Redemption Amount
(12:23, 29 Nov 2019)
Sundaram Mutual Fund has announced change in the minimum investment / redemption clause for Sundaram Global Brand Fund (India) with immediate effect.

Minimum Purchase/Switch In:

Existing: For both Regular Plan & Direct Plan.

First investment Rs. 5000/- and in multiples of Re. 1/- thereafter and for additional Purchase Rs. 500/- and multiple of Re. 1/- thereafter.

Proposed: For both Regular Plan & Direct Plan.

First investment Rs. 100/- & any amount thereafter and for additional Purchase Rs. 100/- and any amount thereafter.

Minimum Redemption/Switch out:

Existing: Regular Plan & Direct Plan:

Rs. 500/- or 50 units or account balance, whichever is lower.

Proposed: Regular Plan & Direct Plan:

Rs.100/- or 1 units or account balance, whichever is lower.

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