In a move to avoid breaching regulatory limits on overseas investments, DSP Mutual Fund has announced a temporary restriction on lumpsum, new registrations for SIP (Systematic Investment Plan) or STP (Systematic Transfer Plan) in the following schemes:
- DSP Global Innovation Fund of Fund
- DSP Global Allocation Fund of Fund
- DSP Global Clean Energy Fund of Fund
- DSP World Agriculture Fund
- DSP US Flexible Equity Fund of Fund
- DSP World Gold Fund of Fund
- DSP World Mining Fund
The fresh inflows have been suspended post the cut-off timing on October 1, 2024.
Existing SIPs and STPs in the schemes will continue for now.