PGIM India Mutual Fund has reopened subscriptions for three international fund-of-funds—Global Equity Opportunities, Emerging Markets Equity, and Global Select Real Estate Securities—with effect from May 18. The decision follows a temporary subscription restriction imposed on March 10 to prevent breaching overseas investment limits. Investors can again place fresh SIPs or STPs up to Rs 2 lakh per day per investor per scheme, at primary holder PAN level. Existing terms remain unchanged, and installments continue as previously scheduled.
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.
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Axis Mutual Fund has temporarily suspended subscriptions to units in three international funds from May 5, citing overseas investment limits. While fresh inflows are halted, redemptions and existing SIPs will continue as usual. The decision follows strong past performance and leadership changes, including Ashish Gupta’s exit and R Sivakumar’s elevation as CIO.
Kotak Mutual Fund has temporarily restricted subscriptions in four international funds, limiting new investments to up to Rs 1 lakh per PAN per month. Existing SIPs will continue as usual, but fresh inflows are capped, reflecting continuing overseas investment limits. The funds have posted strong returns over the past year, making the restriction especially notable for new investors.
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