"Only 6 International Mutual Funds Are Open Right Now: Which Allow SIP, Which Allow Lump Sum"

You finally decide to diversify abroad. You open your investment app, search for an international fund, tap "Invest"... and see "Not accepting fresh investments." You try another. Same message. Then you find one that lets you start a SIP but not a lump sum, and another that is the reverse.

If this has happened to you, you are not alone. Restrictions on fresh investments continue across much of the international mutual fund category in India. According to Groww's list of international funds, reported by Mint, only six schemes are open right now, and even these have different rules.

Quick answer

• Only six international FoFs are open, as of 11 October 2026, per Groww's app list (Direct plans).
• Baroda BNP Paribas Aqua FoF is the only one open for both fresh lump-sum investments and new SIPs.
• PGIM India Global Select Real Estate Securities FoF reopened lump-sum investments on October 8, but SIPs remain shut.

Why this matters now

PGIM India's recent reopening has put international funds back in focus. But for investors, the key point is this: a scheme accepting lump-sum money may not allow new SIPs, and a scheme allowing SIPs may still cap how much you can invest. Knowing the difference saves a lot of frustration.

Which international funds are open?

Source: Groww's list of international funds; Direct plans, latest app list as of 11 October 2026.

Scheme-by-scheme details

1. Baroda BNP Paribas Aqua FoF: The only fund open for both fresh lump-sum investments and new SIP registrations.
2. PGIM India Global Select Real Estate Securities FoF: This fund of funds invests in an overseas mutual fund focused on global real estate securities. Lump-sum investments reopened on October 8; fresh SIP registrations remained suspended as of October 11.
3. The three Invesco India FoFs (Pan European Equity, Global Equity Income and Global Consumer Trends): Accepting new SIP registrations with a daily investment limit of ₹10 lakh per PAN. Lump-sum facilities remain closed.
4. Mirae Asset Global Electric & Autonomous Vehicles Equity Passive FoF: Accepting fresh SIP registrations as of October 11; lump-sum remains closed.

Why are most international funds shut?

It comes down to regulatory limits on how much Indian mutual funds can invest overseas.

• The industry-wide overseas investment limit is $7 billion.
• The limit for an individual mutual fund is $1 billion.

When a fund house hits its ceiling, it may suspend fresh subscriptions so it doesn't exceed the permitted limit. If room opens up later, the fund can reopen to new money. That can happen when overseas holdings are sold, investors redeem units, or the value of the fund's foreign investments declines.

That last point is ironic but true: a fall in foreign markets can actually create space for new investors to get in.

Who is affected

• Investors wanting global diversification who find most international funds closed.
• SIP investors who can only pick from the five schemes allowing new SIPs.
• Lump-sum investors with just two options right now: Baroda BNP Paribas Aqua FoF and the PGIM India FoF.
• Larger investors in the Invesco schemes, who face the ₹10 lakh daily limit per PAN.

What to do now

1. Check the status on your app before planning. Availability can change as fund houses update their policies.
2. Decide SIP vs lump sum first, then look only at schemes open for that route.
3. Understand what the fund actually holds. A global real estate FoF, a European equity FoF and an electric vehicles passive FoF are very different bets.
4. Don't pick a fund just because it's open. Make sure the theme fits your goals and risk appetite.
5. Watch for reopenings. Funds can reopen when investment capacity becomes available, as PGIM India's did.

Mistakes and red flags

• Assuming an open SIP means you can also invest a lump sum. In most of these schemes, it doesn't.
• Buying a narrow theme only because it's available. Availability isn't a reason to invest.
• Ignoring limits like the ₹10 lakh per PAN daily cap in the Invesco schemes.
• Expecting the list to stay the same. It may change as fund houses update policies.

FAQs

Which international mutual fund allows both SIP and lump sum right now? Per Groww's list as of 11 October 2026, only Baroda BNP Paribas Aqua FoF.

Why can't I invest in most international funds? Indian mutual funds face an industry-wide overseas limit of $7 billion and a per-fund limit of $1 billion. Fund houses near their ceiling suspend fresh subscriptions.

Did PGIM India reopen its global real estate fund? Yes, for lump-sum investments on October 8. Fresh SIP registrations remained suspended as of October 11.

Will more international funds reopen? Possibly, if investment capacity becomes available through redemptions, sales of overseas holdings, or a decline in the value of foreign investments.

Have you tried investing in an international fund and hit the "not accepting" wall? Which of these six would you consider? Tell us in the comments.

This article is for education only and is not investment, tax or legal advice.

Sources

• Mint: Want to start fresh SIP or make a lump-sum investment in international mutual funds? Check which FoFs are open