Overseas mutual fund exposure expands as fund houses ease investment caps

PGIM India and Invesco Mutual Fund reopened overseas fund inflows as investor demand for global diversification strengthens under SEBI allocation limits.

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9 days ago

Overseas mutual fund exposure expands as fund houses ease investment caps

Overseas mutual fund exposure expands as fund houses ease investment caps
PGIM India Mutual Fund has raised the daily lump sum investment limit to 2 crore rupees across three of its global fund of funds with effect from December 8, while staying within SEBI’s overseas allocation framework. Separately, Invesco Mutual Fund resumed subscriptions in three of its international fund of funds from December 5 for lump sum, systematic investment plans and systematic transfer plans. 
Companies:
  • PGIM India Mutual Fund
  • Invesco Mutual Fund