Sundaram Mutual Fund Announces takeover the Principal Mutual Fund

Published on Nov 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)