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  • News From Press Kotak, Edelweiss stop fresh investments in international mutual funds

    Kotak, Edelweiss stop fresh investments in international mutual funds

    Source: BS Feb 11, 2023

     

     (MF) and  have stopped accepting fresh investments in their international schemes as they are about to reach their international  limits.

     has stopped taking lump sum investments in seven of its international schemes including ASEAN Equity Off-shore Fund, Greater China Equity Off-shore Fund and US Technology Equity Fund of Fund. Investments, though, can still be made through systematic plans (SIPs). Kotak MF has completely suspended investments (both lump sum and SIP) in Nasdaq Fund of Fund.

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