28 int'l funds halt existing SIPs amid overseas investment limits: Report

A total of 28 international mutual fund schemes have stopped accepting existing SIP instalments amid India's overseas investment limits, according to Value Research data. PGIM India stopped SIPs in three international schemes, while Edelweiss will stop SIPs in six schemes. Another 19 schemes from firms like Invesco, Motilal Oswal, Axis Mutual Fund, and HDFC Mutual Fund had already halted SIPs.

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