# 28 international mutual funds halt existing SIPs 2026-08-09T14:28:11+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 1 independent outlet Twenty-eight international mutual fund schemes have stopped accepting existing systematic investment plan (SIP) instalments, according to Value Research data reported on 7 August. PGIM India and Edelweiss Mutual Fund are the latest to pause SIPs in nine schemes from 8 and 12 August respectively, citing regulatory limits on overseas investments. Edelweiss CEO Radhika Gupta said the fund house had 'no choice' under RBI restrictions. The industry-wide ceiling of about $7 billion for overseas investments, unchanged since early 2022, along with individual fund house limits of $1 billion, has forced asset management companies to restrict inflows. Existing units remain invested and can be redeemed or switched. Only Baroda BNP Paribas Aqua FoF still accepts new SIP registrations among international funds. ## Coverage - livemint.com Tags: mutual funds, overseas investment limit, Radhika Gupta, RBI, SIP Canonical: https://indianopinion.org/28-international-mutual-funds-halt-existing-sips/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/28-international-mutual-funds-halt-existing-sips/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.