Edelweiss Mutual Fund temporarily suspends SIPs and STPs in its 7 funds
Edelweiss Mutual Fund has suspended existing SIP and STP subscriptions in seven schemes from August 11, 2026, citing limited overseas investment headroom. Six affected funds are international schemes, while one is thematic. The suspension will continue until additional overseas investment capacity becomes available, with resumption subject to AMC discretion.
Edelweiss Mutual Fund has halted subscriptions for SIPs and STPs in seven of its funds, effective immediately. These funds include the ASEAN Equity Off-shore Fund, Greater China Equity Off-shore Fund, US Technology Equity Fund of Fund, Emerging Markets Opportunities Equity Offshore Fund, Europe Dynamic Equity Offshore Fund, US Value Equity Off-shore Fund, and the MSCI India Domestic & World Healthcare 45 Index Fund.
Six of the seven funds are international, while the remaining is a sector-specific fund. The suspension will persist until the fund house regains sufficient room within the overseas investment limit framework. This framework was last adjusted on February 1, 2022, and is now approaching its limit. Existing systematic transactions remain unaffected.
Investors are advised to note the cap of Rs 5,000 per PAN per day for new systematic transactions. Meanwhile, Baroda BNP Paribas Aqua Fund of Fund is the only fund allowing lumpsum and other eligible transactions again.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
