Mirae Asset Emerging Bluechip increases SIP limit

Under the stewardship of Neelesh Surana, Mirae Asset Emerging Bluechip Fund has been a consistent outperformer, beating an average peer and benchmark in eight out of the last 10 years. Given the outperformance, the fund grew popular among investors, leading to a rise in its assets under management (AUM). As a result, the fund restricted inflows in November 2020, capping the monthly SIP subscription at Rs 2,500. AMCs usually put such gates to protect the interests of existing investors by preventing the fund from becoming too crowded and impacti