Mirae Asset Mutual Fund lifts restrictions on large- and mid-cap fund for unlimited lumpsum and SIP investments from August 1.

Mirae Asset Mutual Fund has lifted restrictions on its large- and mid-cap fund, allowing unlimited lumpsum and SIP investments from August 1. Mirae Asset Large and Mid-Cap Fund, which has an AUM of ₹37,846 crore, has delivered returns of 65% over three years and 188% over five years. In 2016, the fund temporarily suspended lumpsum and additional subscription when its AUM was ₹11,000 crore.

July 26, 2024
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