No International Mutual Funds Left for Fresh SIPs in India

Indian investors can no longer start new SIPs in international mutual funds because the last fund, Baroda BNP Paribas Aqua FoF, stopped accepting new investments on 23 July.

This is because India has limits on how much money can be invested overseas, and many funds have reached those limits.

Existing investors can still continue their SIPs, but new investors have to look at alternatives like ETFs or direct overseas investing.

ETFs are available but are trading at high premiums, meaning investors pay more than the actual value.

Direct investing is another option but requires more effort and knowledge.