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NOTICES
Notice No.   20231009-8   Notice Date   09 Oct 2023
Category   Trading   Segment   Mutual Fund
Subject   Changes in the existing features of SIP under Mirae Asset Emerging Bluechip Fund on BSE StAR MF Platform
Attachments   NOTICE CUM ADDENDUM.pdf ;
Content

With reference to our Notice No. 20201106-5, MFIs/MFDs/RIAs/RFDs are hereby informed that we have received communication from Mirae Mutual Fund regarding changes in the existing features on subscription through Systematic Investment Plan (SIP) under Mirae Asset Emerging Bluechip Fund on BSE StAR MF Platform with effect from October 10, 2023

Further, as intimated by Mirae AMC, MFIs/MFDs/RIAs/RFDs are hereby advised to adhere below investment amount criteria to avoid rejections and refund payout.

  • Fresh Registration through SIP shall be allowed for a maximum of up to Rs.25,000/- (Rupees Twenty-five Thousand) through Monthly mode cumulatively aggregated across all available SIP Dates of each month (at Primary holder PAN level) before the applicable cut off time on any business day.
  • SIP shall not be available through Quarterly mode under the scheme and remains suspended.
  • The limit of Rs.25,000/- through SIP route (Monthly mode) shall be aggregated and will be applicable at primary holder PAN level for each new application received. Also, note that all applications made differently in the name of the minor and in the name of the guardian under the same PAN will be considered as applications submitted under the same PAN, for the purpose of aggregation of investment at AMC end and the said threshold will be applicable collectively.

The notice cum addendum issued by Mirae AMC is attached.

 

Ketan Jantre                                                    Zeeta Eustace

Chief General Manager – Mutual Funds       Dy. General Manager – Mutual Funds