Dear MF Investors,
In continuation to the Overseas ETF Investments now Paused here is the list of schemes which has been restricted for further investment from April 1, 2024.
| Fund House | Scheme Name |
|---|---|
| Aditya Birla Sun Life Mutual Fund | Aditya Birla Sun Life Nasdaq 100 Fund Of Fund |
| Aditya Birla Sun Life Mutual Fund | Aditya Birla Sun Life Us Treasury 1-3 Year Bond ETF Fund Of Fund |
| Aditya Birla Sun Life Mutual Fund | Aditya Birla Sun Life Us Treasury 3-10 Year Bond ETF Fund Of Fund |
| Axis Mutual Fund | Axis Nasdaq 100 Fund Of Fund |
| Axis Mutual Fund | Axis US Treasury Dynamic Bond ETF Fund Of Fund |
| DSP Mutual Fund | DSP US Treasury Fund Of Fund |
| HDFC Mutual Fund | HDFC Developed World Indexes Fund Of Fund |
| Kotak Mahindra Mutual Fund | Kotak Nasdaq 100 Fund Of Fund |
| Motilal Oswal Mutual Fund | Motilal Oswal Developed Market Ex Us ETF Fund Of Funds |
| Navi Mutual Fund | Navi Nasdaq 100 Fund Of Fund |
| Navi Mutual Fund | Navi US Total Stock Market Fund Of Fund |
| Bandhan Mutual Fund | Bandhan US Treasury Bond 0-1 Year Fund Of Fund |
| Mirae Asset Mutual Fund | Mirae Asset Global Electric & Autonomous Vehicles ETF Fund Of Fund |
| Mirae Asset Mutual Fund | Mirae Asset Global X Artificial Intelligence & Technology ETF Fund Of Fund |
| Invesco Mutual Fund | Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund Of Fund |
*Please remember, if you’re already invested in any of these schemes, these changes might affect you. Here’s how.
- Investors will be unable to initiate new lump sum investments or set up new Systematic Investment Plans (SIPs) in ETFs investing internationally or their corresponding Fund of Funds (FOFs) Plans.
- Existing SIPs have been cancelled & no further instalments will go through.
- Investors are still permitted to redeem their investments from these schemes without any restriction.
Regards,
Saurav Parui