List of international mutual funds open for new investments

For Indian investors seeking geographical diversification, international mutual funds have been a convenient and a viable choice. But over the past couple of years, access to these funds has been restricted due to regulatory limits. That's right, there are limits imposed on how much the Indian mutual fund industry could invest abroad. The limits are as follows: The entire mutual fund industry can invest only up to $7 billion in foreign equities. Individual fund houses can invest up to $1 billion. In addition, for overseas ETFs, there's a $1 billion ceiling (industry-wide) and $300 million (fund-house-wise) ceiling. While the overall industry was nearing this ceiling, markets regulator SEBI, in 2022, allowed individual AMCs to continue accepting fresh investments to the extent of the unused portion of their $1 billion fund-house-wise limits. That's why selected international mutual funds have remained open for subscription, depending on the headroom available with them, while others had to pause or restrict inflows. Edelweiss Mutual Fund relaxes daily rule Edelweiss Mutual Fund is one of those fund houses. In fact, they recently increased the daily subscription cap for several of its international schemes, effective April 17, 2025. The limit, earlier capped at Rs 1 lakh per PAN per day, has now been raised to Rs 10 lakh. The revised subscription limits apply to the following Edelweiss schemes: ASEAN Equity Off-shore Fund Greater China Equity Off-shore Fund US Technology Equity Fund of Fund Emerging Markets Opportunities Equity Offshore Fund Europe Dynamic Equity Offshore Fund US Value Equity Off-shore Fund MSCI India Domestic & World Healthcare 45 Index Fund Including the above seven, there are 31 global funds accepting fresh investments. They are: International funds open for subscription Fund name AUM (Rs cr) Franklin India Feeder Franklin US Opp 3,892 Edelweiss US Technology Equity FoF 2,816 Edelweiss Greater China Equity Off-shore 1,901 PGIM India Global Equity Opportunities 1,408 Axis Global Equity Alpha FoF 862 Kotak Global Innovation FoF 546 Axis Global Innovation FoF 512 Axis Greater China Equity FoF 403 Invesco India-Invesco Global Consumer Trends FoF 311 ABSL Global Emerging Opportunities 256 Franklin Asian Equity 240 ABSL Global Excellence Equity FoF