No international mutual fund open for subscription now after Baroda BNP Paribas Aqua FoF halts fresh investments. What should investors do?
· economictimes.indiatimes.com
Indian investors now have no options for new international mutual fund SIPs. The Baroda BNP Paribas Aqua Fund of Fund suspended new investments on July 23. This action follows SEBI's overseas investment limits for mutual funds. Investors are exploring alternatives like LRS and GIFT City for global exposure. Global ETFs also offer a way to gain international diversification.
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