Mirae Asset Emerging Bluechip Fund reduces SIP amount for new registrations
The changes will be effective from November 6, after the NAV cut off time of 3.p.m.
Mirae Asset Emerging Bluechip Fund has decided to bring down the limit for fresh registration through Systematic Investment Plan (SIP) in the scheme to ₹2,500 per month. Currently, the scheme allows fresh registration through SIP for a maximum up to ₹25,000 through monthly or quarterly mode cumulatively aggregated across all available five SIP dates i.e. 1st, 10th, 15th, 21st or 28th of each month. As per the changed rules, Mirae Asset has temporarily suspended SIP through quarterly mode. Also, the limit of ₹2,500 per month shall be 'cumulatively aggregated across all available SIP Dates each month.'