Edelweiss Mutual Fund suspends fresh SIPs, STPs in 7 overseas schemes from July 10

HDFC Mid Cap Fund completes 20 years; AUM nears ₹1 lakh crore


Edelweiss Mutual Fund on Thursday (July 9) announced a restriction on fresh subscriptions in seven designated schemes due to the nearing threshold of its available headroom for overseas investments.

The fund house said new monthly Systematic Investment Plans (SIPs) and monthly Systematic Transfer Plans (STPs) in these schemes will be suspended with effect from the close of business hours on July 10, 2026.

The decision has been taken pursuant to the mutual fund-level overseas investment limits set as of February 1, 2022. The fund house had earlier informed investors through a notice-cum-addendum dated October 13, 2025, about subscription limits in certain schemes, with new monthly SIPs and STPs capped at a maximum of ₹5,000 per PAN per day.

ALSO READ | From AI to SIPs: Edelweiss Mutual Fund’s Radhika Gupta on what investors should watch now

Edelweiss Mutual Fund said the existing systematic transactions, including SIPs and STPs, will remain unaffected.

The restriction will apply to the following schemes:

  1. Edelweiss ASEAN Equity Off-Shore Fund
  2. Edelweiss Greater China Equity Off-Shore Fund
  3. Edelweiss US Technology Equity Fund of Fund
  4. Edelweiss Emerging Markets Opportunities Equity Offshore Fund
  5. Edelweiss Europe Dynamic Equity Offshore Fund
  6. Edelweiss US Value Equity Off-Shore Fund
  7. Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund

The fund house said necessary changes will be carried out in the relevant sections of the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the designated schemes.

ALSO READ | Edelweiss MF launches equity-focused long-short fund under Altiva SIF



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *