Edelweiss Asset Management Company has stopped fresh registration of systematic investment plan (SIPs) and systematic transfer plans (STPs) in seven of its overseas focused funds from Friday as it has neared the limit set by the Association of Mutual Funds in India.
The seven schemes that will stop fresh SIPs and STPs include Edelweiss ASEAN Equity Off-shore Fund, Greater China Equity Off shore fund, US Technology Equity FoF, Emerging Markets Opportunities Equity Offshore Fund, Europe Dynamic Equity Offshore Fund, Edelweiss US Value Equity Off-shore and MSCI India Domestic & World Healthcare 45 Index Fund.
However, existing SIPs and STPs will continue to be processed as per mandate.
In October, 2025, the fund house already stopped lumpsum investment in these funds and capped SIP and STP at ₹5,000 per PAN per month.
Investors are requested to note that the AMC’s available headroom for overseas investment, as per the MF level limit set on February, 2022, is now nearing its threshold and hence it is decided to suspend the new subscription and fresh monthly Systematic Investment Plan and monthly Systematic Transfer Plan in seven overseas schemes from July 10, said the fund house. The existing systematic transactions viz. SIPs/STPs etc. will remain unaffected, it added.
Of the 66 international funds, about 54 have already stopped accepting fresh money. The industry hit its overseas investment ceiling in 2022.
The RBI and SEBI has capped the industry foreign investment limit at $7 billion with a separate $1 billion limit for overseas ETFs. Those figures have stood since 2008. The industry crossed the $7 billion mark in January 2022. Since then, each fund house may invest overseas only up to the headroom it held at the end of February 1, 2022. That level is frozen.
Published on July 10, 2026