Mirae Asset Mutual Fund has decided to further restrict inflows into its flagship midcap scheme Emerging Bluechip Fund. Starting December 15, the fund house will offer systematic investment plan (SIP) on only one day, the 10th of every month.
“In the last one year, the monthly SIP/STP flows have increased from Rs 38 crore to Rs 168 crore. Hence, to further consolidate inflows and not impact the fund performance, we have decided to limit SIP inflows up to a maximum of Rs 25,000 appli ..
