INCOME TAX20 Sept 2026
Invesco MF reopens 3 international FoFs for investments: ₹10 lakh daily limit, SIP & STP rules investors must know
Invesco Mutual Fund will reopen fresh subscriptions in three overseas Fund of Funds from September 28, 2026. This helps investors who want lumpsum, switch-in, or new Systematic Investment Plan (SIP), Systematic Transfer Plan (STP) and IDCW Transfer Plan options. A ₹10 lakh daily cap per PAN applies. It includes instalments from existing systematic plans, so check the fund's headroom before investing.
Key Statutory Highlights
- From September 28, 2026, Invesco will allow lumpsum purchases and switch-ins in three overseas Fund of Funds after a temporary suspension in May.
- Fresh registrations for SIPs, STPs and IDCW Transfer Plans will also be permitted in these three schemes.
- A ₹10 lakh per day limit per PAN applies at the first-holder level, and it includes instalments from systematic plans already registered.
Actionable Advice for Taxpayers / Founders:If you already run SIPs or STPs in these schemes, add up anything else you plan to invest on the same day and keep the total under ₹10 lakh per PAN. Remember that inflows also depend on the fund's available overseas investment headroom, so confirm with the fund house before you invest.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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