MFIs/MFDs/RIAs are hereby informed that we have received communication from Sundaram Mutual Fund regarding merger of SUNDARAM SHORT TERM CREDIT RISK FUND (Transferor Scheme) into SUNDARAM SHORT TERM DEBT FUND (Transferee Scheme). The merger shall be effective from December 29, 2020.

Consequently, Sundaram AMC confirmed that fresh subscription through lumpsum investment/Switch In//STP In/SIP shall not be accepted in the Transferor scheme with effective from December 18, 2020.

Further, as per the communication received from Sundaram AMC investor who are not in favour of the above scheme merger can redeem their investments or switch to other Schemes of Sundaram Mutual Fund available for subscription without payment of exit load within from December 18, 2020 to December 28, 2020 through physical mode only on BSE StAR MF platform.

Also, as confirm by Sundaram AMC, the existing SIP/XSIP/STP/SWP will continue to get processed in the Transferor scheme i.e. under SUNDARAM SHORT TERM CREDIT RISK FUND .

Further, with effect from December 28, 2020 the Transferor schemes shall cease to exist & SIP/XSIP/STP/SWP registered will get shifted to Transferee scheme i.e. SUNDARAM SHORT TERM DEBT FUND.

The details of the schemes are attached in Annexure.

Ketan Jantre                                                  Zeeta Eustace 

Sr. General Manager – Mutual Fund           Asst. General Manager – Mutual Fund