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The Economic Times
The Economic Times
Surbhi Khanna

Explained: Why 11 international mutual funds halted fresh SIPs and how investors can still invest globally

GIFT City SEBI Baroda

Investors looking to start a fresh systematic investment plan (SIP) in an international mutual fund now have very limited choices. Following the suspension of fresh SIP registrations by 11 international mutual fund schemes last week, Baroda BNP Paribas Aqua Fund of Fund (FoF) is currently the only international mutual fund accepting fresh SIPs as well as lump sum investments.

The restrictions are due to regulatory overseas investment limits and are not linked to the performance of these schemes.

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