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Summary: International funds in India are rapidly closing their doors to lumpsum investments due to overseas investment limits, with closures accelerating in just days. This story looks at which funds still accept lumpsums versus SIPs, explains why fund houses ration access before shutting entirely and cautions that a fund being open doesn't mean it's worth buying.
Last week, we mapped every international fund and found three that still accept lumpsums. The squeeze began the day we published. Within four days, two of those three had closed.
What changed
Franklin Templeton suspended lumpsum purchases in its Asian Equity and U.S. Opportunities funds on June 8. Both still take SIPs, capped at Rs 50,000 a month. PGIM India cut its SIP cap from Rs 2 lakh to Rs 50,000 a day, a 75 per cent reduction, and stopped fresh STPs from June 5. This came less than three weeks after PGIM reopened these funds on May 18.
That leaves Baroda BNP Paribas Aqua FoF as the only international fund in India that still accepts lump-sum contributions. One door out of 66.
The list of funds taking fresh SIPs is unchanged: the same 12 as last week. SIPs survive where lump sums cannot, because a steady trickle is easier to manage under overseas investment limits than a large one-time inflow.
The warning light
Fund houses rarely shut all at once. They ration first. Caps shrink, lumpsums go, STPs close, and if the squeeze holds, the SIP door shuts too. A shrinking cap is the warning light. If you plan to start a SIP here, the room you get is set by the cap on the day you act.
12 international funds that are still open for SIPs
| Fund / Invests in | Lumpsum | SIP cap (Rs) | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Baroda BNP Paribas Aqua FoF Global water | Yes | No cap | 15.6 | 13.5 | 9.7 |
| Franklin Asian Equity Asia ex-Japan (changed) | No | 50,000/mo | 43.7 | 19.9 | 7.2 |
| Franklin U.S. Opportunities FoF US growth (changed) | No | 50,000/mo | 21.5 | 23.1 | 11.9 |
| PGIM Global Equity Opportunities FoF Global growth (changed) | No | 50,000/day | 19.1 | 18.5 | 9.5 |
| PGIM Emerging Markets Equity FoF EM (changed) | No | 50,000/day | 45.4 | 28.5 | 5.5 |
| PGIM Global Real Estate FoF Global REITs (changed) | No | 50,000/day | 23.5 | 15.1 | — |
| Edelweiss US Technology FoF US tech | No | 5,000/mo | 41.3 | 31.2 | 17.7 |
| Edelweiss Europe Dynamic Offshore Europe | No | 5,000/mo | 26.2 | 23.9 | 14.8 |
| Edelweiss US Value Offshore US value | No | 5,000/mo | 33.9 | 19.5 | 14.1 |
| Edelweiss Emerging Markets Offshore EM | No | 5,000/mo | 66.5 | 26.8 | 9.8 |
| Edelweiss ASEAN Offshore Southeast Asia | No | 5,000/mo | 21 | 13.4 | 9.1 |
| Edelweiss Greater China Offshore China, Hong Kong, Taiwan | No | 5,000/mo | 56.1 | 21.9 | 4.2 |
| CAGR (%), direct plan, growth. Status and returns as of June 11, 2026. SIP caps are per PAN; PGIM caps are per day; others per month. FoF = an Indian fund that routes your money into an overseas fund. | |||||
Open is not the same as worth buying
A closing door creates urgency and urgency is a poor reason to buy a fund. The fund, up 66 per cent over a year, has returned under 10 per cent a year over five. The one up 56 per cent has managed barely four. Check the Value Research Fund Advisor verdict before you invest, not after.
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