Indian mutual fund houses have opened their doors once again, albeit selectively, to investments in their overseas funds. However, investors in such funds have to deal with a minor complexity — it takes a bit longer for international funds to get their net asset values (NAV).
Recently mutual fund houses such as PGIM India and SBI allowed investors to subscribe to units of their schemes investing overseas. Aditya Birla Sunlife Mutual fund also realigned its international equity offerings by merging two schemes. Investor interest in schemes investing overseas is going up in certain pockets.
