Looking to invest in international funds? Only one scheme remains open for new investors amid fresh subscription curbs
New Delhi, Nov. 7 -- Indian investors looking to diversify their portfolios through international mutual funds have fewer options again. A fresh suspension by Invesco Mutual Fund has left just one scheme accepting new systematic investment plan (SIP) registrations, while another continues to accept only lump-sum investments.
The latest restrictions also affect investors who already have SIPs running in three Invesco international schemes. From November 4, the fund house has stopped accepting instalments under existing SIPs in its Invesco India Pan European Equity Fund of Fund (FoF), Invesco India Global Equity Income FoF and Invesco India Global Consumer Trends FoF, according to Value Research. The suspension also covers fresh SIP regist...
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