Edelweiss Mutual Fund limits subscription in its 7 international funds
ET Online August 14, 2025 06:03 PM
Synopsis

Edelweiss Mutual Fund will restrict subscriptions in seven international schemes to Rs 1 lakh per PAN per day from August 19, citing limited overseas investment headroom. The cap applies to lumpsum, switch-ins, SIPs, and STPs, while existing systematic transactions remain unaffected.

The fund house said that investors vide notice cum addendum dated April 09, 2025 and July 28, 2025 were informed about the increase in the limit of subscriptions.
Edelweiss Mutual Fund will cap subscriptions, including lumpsum, switch-ins, SIPs, and STPs, at Rs 1 lakh per PAN per day for its seven international schemes, effective August 19, the fund house said in a notice-cum-addendum.

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“This restriction will be applicable based on the transaction reporting date. Further, transactions reported till August 18, 2025 before cut-off time including switches where switch-in scheme is any of the below will not be considered for such limit restriction. The existing systematic transactions viz. SIPs/ STPs etc. will remain unaffected,” the notice read.

The affected schemes are: Edelweiss ASEAN Equity Off-shore Fund, Edelweiss Greater China Equity Off-shore Fund, Edelweiss US Technology Equity Fund of Fund, Edelweiss Emerging Markets Opportunities Equity Offshore Fund, Edelweiss Europe Dynamic Equity Offshore Fund, Edelweiss US Value Equity Off-shore Fund, and Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund.

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Edelweiss Mutual Fund said necessary changes will be made to the relevant sections of the SID/KIM of the designated schemes, and this notice-cum-addendum will form an integral part of the SID/KIM/SAI, overriding any conflicting provisions. All other terms of the schemes remain unchanged.

The fund house said that investors vide notice cum addendum dated April 09, 2025 and July 28, 2025 were informed about the increase in the limit of subscriptions in few schemes of Edelweiss Mutual Fund pursuant to SEBI letter no. SEBI/HO/OW/IMDII/DOF3/25095/2022 dated June 17, 2022 which clarified that mutual funds can resume subscriptions and make investments in overseas fund / securities up to head room available without breaching the overseas investment limits as of February 1, 2022 at mutual fund level.

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Investors should note that the AMC’s available headroom for overseas investment, as per the mutual fund level limit set on February 1, 2022, is now nearing its threshold, therefore the fund house has decided to limit the subscription.
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