Nippon India Mutual Fund has resumed subscriptions for its international funds, effective October 15, 2024. Investors can now invest in these funds via lump sum, switch-ins, and register new SIP (Systematic Investment Plan) or STP (Systematic Transfer Plan).

The available funds are:

• Nippon India ETF Hang Seng BeES
• Nippon India Japan Equity Fund
• Nippon India Taiwan Equity Fund
• Nippon India US Equity Opportunities Fund

Subscriptions were initially paused on February 2, 2022, due to Securities Exchange Board of India’s (SEBI’s) overseas investment limits.

However, when SEBI later allowed mutual funds to resume investments if there is a headroom available up to its overseas investment limit as of February 1, 2022, the AMC had removed gates to make use of the available limit time and again, according to a Value Research report.

The latest suspension of inflows, imposed in February 2024, has now been lifted, allowing fresh investments in these international funds once again.

In a separate development, Nippon India MF has launched two new schemes: Nippon India CRISIL – IBX AAA Financial Services – Dec 2026 Index Fund and Nippon India CRISIL – IBX AAA Financial Services – Jan 2028 Index Fund.

The new fund offer (NFO) for these schemes will be available till October 21.