11 Global Funds Closed: Is Your SIP Money Trapped?
Almost all international mutual funds in India have stopped accepting new SIP registrations due to overseas investment limits set by SEBI. If you already have a SIP running, it continues — but starting a fresh one is nearly impossible now.
That US tech fund you started last year? A new SIP today costs you ₹0 — because you simply can't start one.
Only 1 international mutual fund now accepts your fresh SIP money
Key Takeaways
Check your existing international SIP status on your fund house app or MyCams/KFintech portal — confirm it is still processing monthly debits.
If you want global exposure now, explore domestic funds with 35% overseas stock allocation (like flexi-cap or multi-asset funds) that still accept fresh SIPs freely.
Avoid locking more money into the single remaining open international fund without checking its mandate size, expense ratio, and whether it may also close soon.
Almost all international mutual funds in India have stopped accepting new SIP registrations due to overseas investment limits set by SEBI. If you already have a SIP running, it continues — but starting a fresh one is nearly impossible now.
Here's what happened: SEBI has capped total overseas mutual fund investments at $7 billion industrywide, forcing most fund houses to stop fresh international SIP registrations.. Major fund houses including PGIM, Franklin Templeton, and Edelweiss have suspended new inflows into 11 international schemes since the cap was breached.. Existing SIP mandates in international funds remain active and unaffected — only new registrations are blocked, leaving just one fund open for fresh money..
What you should do: Check your existing international SIP status on your fund house app or MyCams/KFintech portal — confirm it is still processing monthly debits.. If you want global exposure now, explore domestic funds with 35% overseas stock allocation (like flexi-cap or multi-asset funds) that still accept fresh SIPs freely.. Avoid locking more money into the single remaining open international fund without checking its mandate size, expense ratio, and whether it may also close soon..
Pro tip: Domestic equity funds investing in foreign stocks via the 35% overseas limit route are NOT covered by the $7 billion cap — they remain fully open for fresh SIPs and are a legal workaround for global diversification.
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- [1]“Only one international mutual fund remains open for fresh SIPs after 11 schemes shut doors” mint - money · 12 Jul 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.