← Latest news 
Axis Mutual Fund pauses subscriptions to 3 international funds as deadline nears and new deals get rejected
Economy
Published on 14 May 2026
Trades after 3 PM on May 13 are simply refused
Axis Mutual Fund has temporarily suspended new subscriptions to three overseas fund-of-fund schemes—Global Equity Alpha, Global Innovation, and Greater China Equity—from May 13, 2026. In a notice-cum-addendum, it said lump-sum, switch-ins, fresh registrations of systematic transactions, and systematic transactions received after 3:00 PM on May 13 will be rejected. Already-registered SIPs will be paused and any instalments deducted after the effective date will be refunded within applicable timelines, while other scheme terms remain unchanged.
- Suspension applies to three international fund-of-fund schemes
- Effective date: May 13, 2026
- Transactions after 3:00 PM on May 13 are rejected
- Registered systematic transactions remain active until further notice
- SIP instalments deducted post effective date will be refunded
- Earlier rule capped new registrations above Rs 1 lakh per PAN per month
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times