Edelweiss Mutual Fund has increased the daily subscription limit for seven of its international mutual fund schemes. The change will come into effect from April 17, 2025, and will apply across various transaction modes such as lump sum investments, SIPs, STPs, and switch-ins.
The daily investment limit has been increased from ₹1 lakh to ₹10 lakh per PAN per day. This change is applicable only to new transactions made on or after April 17, 2025. Transactions recorded before the cut-off time on April 16, 2025, will follow the old limit. Existing systematic investments such as SIPs and STPs will not be affected.
The increased limit applies to the following seven international funds offered by Edelweiss Mutual Fund:
This update follows SEBI’s overseas investment guidelines, which were clarified through a letter dated June 17, 2022. According to the circular, mutual funds are allowed to resume subscriptions in overseas funds up to the limit available as of February 1, 2022.
A notice-cum-addendum dated February 24, 2025, was issued to inform investors about the revised cap and its implementation. The revised limit will be applied based on the transaction reporting date.
The updated limits will allow for higher daily investments in Edelweiss’s international schemes, effective April 17, without altering any existing systematic transactions. All other terms of the respective scheme documents remain unchanged.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 11, 2025, 3:11 PM IST
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