In November 2017, L&T mutual fund stopped transactions in the L&T Emerging Businesses Fund scheme for any amount which was above 2,00,000 (each installment).
This included new switch-ins, systematic investment plans (SIP) and transfer plans.
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L&T Mutual Fund recently announced that they will start accepting fresh subscriptions from 3rd September for the same scheme.
The amount can now be more than Rs.2,00,000 per installment.