Edelweiss Mutual Fund has suspended fresh systematic investment plans (SIPs) and systematic transfer plans (STPs) in seven overseas-focused schemes from July 10, saying it is nearing the overseas investment limit permitted under the industry-wide cap.
The fund house, in a notice dated July 9, said the restriction will take effect from the close of business hours on July 10. Existing SIPs and STPs in these schemes will continue without any change.
The move comes as the asset management company’s available headroom for overseas investments, based on the mutual fund-level limit applicable since February 1, 2022, is “nearing its threshold”, according to the notice.
The restriction applies to fresh monthly SIPs and monthly STPs in the following schemes:
Edelweiss ASEAN Equity Off-shore Fund
Edelweiss Greater China Equity Off-shore Fund
Edelweiss US Technology Equity Fund of Fund
Edelweiss Emerging Markets Opportunities Equity Offshore Fund
Edelweiss Europe Dynamic Equity Offshore Fund
Edelweiss US Value Equity Off-shore Fund
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
The fund house said the decision has been taken in line with SEBI’s June 17, 2022 clarification, which allows mutual funds to resume subscriptions into overseas schemes only to the extent of available headroom without breaching the overseas investment limits frozen at the industry level as of February 1, 2022.
Edelweiss had earlier capped new SIPs and STPs at Rs 5,000 per PAN per day in certain overseas schemes through an addendum issued on October 13, 2025. With the available headroom now close to exhaustion, the fund house has decided to suspend fresh registrations altogether.
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