Insights

Changes To Be Made In The Mirae Asset Emerging Bluechip Fund Scheme

August 6, 2024 . FundsIndia Desk

Investors, please note that, in reference to the addendums issued periodically for the Mirae Asset Large & Midcap Fund and the provisions outlined in the Scheme Information Document (SID), the Board of Directors of Mirae Asset Trustee Company Pvt. Ltd. (“Trustee”) and Mirae Asset Investment Managers (India) Pvt. Ltd. (“AMC”) have approved the withdrawal of the existing temporary suspension on subscriptions. This change will affect Systematic Investment Plans (SIP), Systematic Transfer Plans (STP), Switch-ins, and Lumpsum investments in the Mirae Asset Large & Midcap Fund, effective from Thursday, August 01, 2024.

Please note the following changes in the provisions for all existing and prospective applications in the scheme from the effective date:

  • Revision in Lumpsum Purchase
  • Revision in Systematic Investment Plan
  • Revision in Systematic Transfer Plan
  • Enabling of Other Facilities

Important note: The aforementioned changes in the scheme are applicable to all transactions received through both Physical and Online modes (including Digital Platforms).

For more details, read the addendum.

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