New Delhi, Oct. 2 -- International mutual fund investors are seeing a familiar pattern: funds open for fresh investments and then close again within days.

According to Value Research, Invesco Mutual Fund reopened three international funds on 28 September, but stopped accepting lump-sum investments again from 29 September.

Aditya Birla Sun Life Mutual Fund had also reopened three funds on 24 September, only to close them at the end of the same business day. In other words, investors had just one day to make an investment.

However, Invesco's restriction is limited to lump-sum investments and switch-ins. It continues to accept new SIP registrations in all three funds, subject to a Rs.10 lakh per-day limit per PAN.

According to the latest...