{"id":9947,"date":"2022-02-02T16:13:10","date_gmt":"2022-02-02T16:13:10","guid":{"rendered":"https:\/\/kuvera.in\/blog\/?p=9947"},"modified":"2022-02-05T02:54:07","modified_gmt":"2022-02-05T02:54:07","slug":"inflows-restricted-in-international-schemes","status":"publish","type":"post","link":"https:\/\/kuvera.in\/blog\/inflows-restricted-in-international-schemes\/","title":{"rendered":"Inflows restricted in International Schemes"},"content":{"rendered":"

List of schemes with restrictions by Asset Management Company (AMC)<\/b>
\n<\/b>
\n<\/span>AMCs have restricted further subscriptions by way of Lumpsum, Switch-In, SIP and STP into the below schemes after cut-off on 01-Feb-2022. You can view the notification received from the respective AMCs by clicking on the AMC name.<\/span><\/p>\n\n\n\n\n\t\n\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t
MUTUAL FUNDS<\/th>SCHEME NAME<\/th>\n<\/tr>\n<\/thead>\n
AXIS MF<\/a><\/td>1. Axis Global Equity Alpha FOF 2. Axis Global Innovation FOF3. Axis Greater China Equity FOF<\/td>\n<\/tr>\n
ABSL MF<\/a><\/td>1. ABSL Commodity Equities Fund Global Agri Plan 2. ABSL Global Emerging Opportunities Fund 3. ABSL Global Excellence Equity FOF 4. ABSL International Equity Fund, Plan A 5. ABSL International Equity Fund, Plan B<\/td>\n<\/tr>\n
BNP PARIBAS MF<\/a><\/td>1. BNP Paribas Funds Aqua FOF<\/td>\n<\/tr>\n
DSP MF<\/a><\/td>1.DSP Global Allocation Fund2. DSP US Flexible Equity Fund3. DSP World Agriculture Fund4. DSP World Energy Fund5. DSP World Gold Fund6. DSP World Mining Fund<\/td>\n<\/tr>\n
EDELWEISS MF<\/a><\/td>1. Edelweiss ASEAN Equity Off-shore Fund2. Edelweiss Greater China Equity Off-shore Fund3. Edelweiss US Technology Equity FOF4. Edelweiss Emerging Markets Opportunities Equity Offshore Fund5. Edelweiss Europe Dynamic Equity Offshore Fund6. Edelweiss US Value Equity Off-shore Fund7. Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund<\/td>\n<\/tr>\n
FRANKLIN TEMPLETON MF * <\/a><\/td>1. Franklin India Asian Equity Fund2. Franklin U.S. Opportunities Fund3. Franklin Templeton European Opportunities Fund<\/td>\n<\/tr>\n
HDFC MF<\/a><\/td>1. HDFC Developed World Indexes FOFs<\/td>\n<\/tr>\n
HSBC MF<\/a><\/td>1. HSBC Global Equity Climate Change FOF2. HSBC Asia Pacific (Ex Japan) Dividend Yield Fund3. HSBC Brazil Fund4. HSBC Global Emerging Markets Fund<\/td>\n<\/tr>\n
IDFC MF *<\/a><\/td>1. IDFC US Equity FOF<\/td>\n<\/tr>\n
ICICI PRUDENTIAL MF<\/a><\/td>1. ICICI Prudential US Bluechip Equity Fund2. ICICI Prudential Global Stable Equity Fund (FOF)3. ICICI Prudential Global Advantage Fund (FOF)4. ICICI Prudential Nasdaq 100 Index Fund<\/td>\n<\/tr>\n
INVESCO MF<\/a><\/td>1. Invesco Global Equity Income FOF2. Invesco Pan European Equity FOF3. Invesco Global Consumer Trends FOF<\/td>\n<\/tr>\n
KOTAK MAHINDRA MF<\/a><\/td>1. Kotak Global Innovation FOF 2. Kotak International REIT FOF 3. Kotak Global Emerging Market Fund<\/td>\n<\/tr>\n
MAHINDRA MANULIFE MF<\/a><\/td>1. Mahindra Manulife Asia Pacific REITs FOF<\/td>\n<\/tr>\n
MIRAE MF *<\/a><\/td>1. Mirae Asset NYSE FANG+ ETF FOF 2.Mirae Asset S & P 500 Top 50 ETF FOF3. Mirae Asset Hang Seng TECH ETF FOF<\/td>\n<\/tr>\n
MOTILAL OSWAL MF *<\/a><\/td>1. Motilal Oswal MSCI EAFE Top 100 Select Index Fund 2. Motilal Oswal Nasdaq 100 FOF 3. Motilal Oswal S & P 500 Index Fund<\/td>\n<\/tr>\n
NIPPON INDIA MF<\/a><\/td>1. Nippon India US Equity Opportunities Fund 2. Nippon India Japan Equity Fund 3. Nippon India Taiwan Equity Fund 4. Nippon India Multi Asset Fund<\/td>\n<\/tr>\n
PGIM INDIA MF<\/a><\/td>1. PGIM India Global Equity Opportunities Fund2. PGIM India Emerging Markets Equity Fund3. PGIM India Global Select Real Estate Securities FOF<\/td>\n<\/tr>\n
PPFAS MF<\/a><\/td>1. Parag Parikh Flexi Cap Fund<\/td>\n<\/tr>\n
SUNDARAM MF<\/a><\/td>1. Sundaram Global Brand Fund<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n

*Existing SIPs have been suspended temporarily for this AMC until further notice<\/span><\/p>\n

We will endeavor to keep updating this list if any further schemes get added after the publication of this note.<\/span><\/p>\n

Why the restriction?<\/b>
\n<\/span>
\n<\/span>SEBI in a circular<\/span><\/a> had set the overseas investment limits for Mutual Funds to a maximum of $1 billion per fund house with an overall industry limit of $7 billion. Pursuant to this, we have received intimations from various AMCs that they shall not accept any fresh investments in select schemes, listed above. By clicking the AMC name in the table above, you can view the addendum issued by the respective AMC.<\/span><\/p>\n

How does this impact investors?<\/b><\/p>\n