3 mutual fund updates on November 2 investors should know: HDFC reduces minimum daily SIP in two funds, Invesco issues gold fund clarification, Kotak NFO

Mutual fund investors have three important updates to track, with HDFC Mutual Fund revising the minimum daily SIP amount in two schemes, Invesco Mutual Fund clarifying the continuation of existing SIP top-ups in its Gold ETF Fund of Fund, and Kotak Mahindra Mutual Fund opening a new fixed maturity plan for subscription.

HDFC Mutual Fund reduces minimum daily SIP to Rs 20 in two schemes

The revised minimum amount will come into effect from November 2, 2026, for daily SIPs registered through online modes, excluding physical transactions.

However, the minimum number of instalments has been increased from six to 30.

All other terms and conditions of the SIP facility will remain unchanged.

The revision applies only to daily-frequency SIPs in these two schemes through online modes. It does not mean that the minimum SIP amount across all HDFC Mutual Fund schemes has been reduced to Rs 20.

Invesco India Gold ETF Fund of Fund: Existing SIP top-ups to continue

In another development, Invesco Mutual Fund has clarified that existing SIPs with a Top Up Facility in Invesco India Gold ETF Fund of Fund will continue to receive scheduled top-up enhancements during the temporary subscription suspension period.

The clarification applies to SIPs with the Top Up Facility registered as of October 15, 2026.

According to the fund house, the top-up enhancement will continue to be processed until further notice.

The clarification forms an integral part of the addendum dated October 15, 2026, relating to the temporary suspension of subscriptions in the scheme.

Investors should note that this clarification concerns existing registered SIP top-ups. It does not announce the reopening of fresh subscriptions.

Kotak Mutual Fund NFO opens November 2: Minimum investment ₹5,000

Kotak Mahindra Mutual Fund is opening its Kotak FMP-336-Reg(G) New Fund Offer (NFO) on November 2, 2026.

The NFO will remain open for subscription until November 4, 2026. The scheme falls under the Fixed Maturity Plans category and has a minimum investment requirement of ₹5,000.

Investors should review the scheme information document for details of the investment strategy, maturity, risks and applicable expenses before investing.

What should mutual fund investors note?

HDFC Mutual Fund has lowered the entry amount for daily SIPs in two schemes, while increasing the minimum number of instalments. Invesco's clarification is relevant to existing investors whose Gold ETF Fund of Fund SIPs already have a registered top-up facility. Meanwhile, Kotak's new fixed maturity plan offers investors an additional NFO to evaluate.