Sundaram Mutual Fund has revised the exit load of Sundaram Bluechip Fund and Sundaram Balanced Advantage Fund. Accordingly, in case of redemption of units purchased or switched in from other scheme within 1 year from the date of allotment, no exit load will be charged upto 25% of such units. However, an exit load of 1% of applicable NAV will be charged for more than 25% of such units. No exit load will be charged in case of redemption after 1 year from allotment date. The change is effective from Mar 22.