The
Sundaram Mutual Fund (MF) World Brand Fund will not
redeem the units till the maturity of the scheme.
However,
in order to provide the liquidity to the investors, the units of the schemes
are proposed to be listed on the NSE within 5 business days from the date of
allotment.
Hence,
Investors who want to liquidate their units of the schemes can sell the units
held in Demat Form in the secondary market.
NSE
has given its in – principle approval for listing the units of the scheme on
its exchange vide its letter No NSE/LIST/232606-N dated March 07, 2014.
On
the Maturity Date, the Units of the Scheme will be redeemed / or switched out
at the Applicable NAV. (If the maturity date is not a Business Day, the
subsequent Business Day shall be considered as the maturity date for the
Scheme).
