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Sundaram Mutual waives entry load

CHENNAI: Sundaram Mutual has removed the entry load for investments above Rs. 25,000 on three of its equity productsnamely Sundaram Select Focus, Sundaram Growth and Sundaram Select Midcap. These funds currently carry a load factor varying from 1.5 per cent to 2 per cent. There is however no exit load on equity funds, according to a release. — Our Bureau

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