TORONTO, ONTARIO--(Marketwire - June 9, 2010) - Excel Funds Management Inc. ("Excel") announces that, subject to regulatory approval, the Excel India Trust (the "Trust") (TSX:EXI.UN) will merge with the Excel India Fund (the "Fund") which is an open-ended mutual fund managed by Excel. The merger will be effected in accordance with the "permitted merger" provisions set out in the Amended and Restated Declaration of Trust dated July 13, 2007.