Two fund houses — Invesco Mutual Fund and Aditya Birla Sun Life Mutual Fund — have temporarily suspended fresh subscriptions in select international feeder schemes, citing regulatory investment limits on overseas funds.
Invesco Mutual Fund has stopped accepting new investments in three of its funds with overseas exposure, effective October 9. The affected schemes include:
Invesco India – Invesco Global Equity Income Fund of Fund
Invesco India – Invesco Pan European Equity Fund of Fund
Invesco India – Invesco Global Consumer Trends Fund of Fund
Separately, Aditya Birla Sun Life Mutual Fund also suspended fresh inflows into its Aditya Birla Sun Life International Equity Fund from October 7. Alongside the suspension, the fund house has revised the minimum application amount for existing