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  • Sundaram Mutual Fund Announces takeover the Principal Mutual Fund
  • November 26,2021  11:52
  • Sundaram Mutual Fund proposed to merge certain schemes of Sundaram MF schemes with corresponding schemes of Principal MF and merge a few schemes of Principal MF, pursuant to the completion of the Transaction ('changes to the schemes') are briefly detailed as follows:

    Merger of Schemes:

    Current Name of the Scheme / Transferor Scheme Scheme with which the Transferor Scheme is getting merged (Transferee Scheme) Proposed New Name of the Transferee Scheme (Surviving Scheme)
    Sundaram Arbitrage Fund Principal Arbitrage Fund Sundaram Arbitrage Fund
    Sundaram Balanced Advantage Fund Principal Balanced Advantage Fund Sundaram Balanced Advantage Fund
    Sundaram Equity Savings Fund Principal Equity Savings Fund Sundaram Equity Savings Fund
    Sundaram Equity Hybrid Fund Principal Hybrid Equity Fund Sundaram Aggressive Hybrid Fund
    Sundaram Equity Fund Principal Multi Cap Growth Fund Sundaram Multicap Fund
    Sundaram Smart NIFTY 100 Equal Weight Fund Principal Nifty 100 Equal Weight Fund Sundaram Smart NIFTY 100 Equal Weight Fund
    Principal Large Cap Fund Sundaram Bluechip Fund Sundaram Large Cap Fund
    Principal Small Cap Fund Sundaram Small Cap Fund Sundaram Small Cap Fund
    Principal Midcap Fund Sundaram Mid Cap Fund Sundaram Mid Cap Fund
    Principal Emerging Bluechip Fund Sundaram Large and Mid Cap Fund Sundaram Large and Mid Cap Fund
    Sundaram Money Fund Principal Cash Mgmt Fund Sundaram Liquid Fund
    Sundaram Low Duration Fund Principal Low Duration Fund Sundaram Low Duration Fund
    Sundaram Short Term Debt Fund Principal Short Term Debt Fund Sundaram Short Duration Fund
    Sundaram Ultra Short Term Fund Principal Ultra Short Term Fund Sundaram Ultra Short Term Fund
    Principal Global Opportunities Fund Sundaram Global Brand Fund Sundaram Global Brand Fund

    Following Schemes will be carried over by Sundaram Mutual Fund:

    Scheme Acquired from Principal MF Scheme Name post transfer to Sundaram MF
    Principal Focused Multicap Fund Sundaram Focused Fund
    Principal Dividend Yield Fund Sundaram Dividend Yield Fund
    Principal Tax Savings Fund Sundaram Tax Savings Fund (ELSS)

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