Why has Invesco Mutual Fund halted fresh subscriptions in three overseas FoFs

Invesco Mutual Fund has announced a temporary suspension of fresh subscriptions and systematic investments in three overseas fund-of-funds, as available headroom under SEBI-mandated overseas investment limits has tightened, raising concerns of a potential breach. Existing redemption and withdrawal facilities remain unaffected.

In line with these requirements, and to avoid a potential breach of limits, the AMC has decided to temporarily suspend subscription through lump-sum purchases, switch-ins, and fresh registration for Systematic Investment Plan (‘SIP’), Systematic Transfer Plan (‘STP’), and IDCW Transfer Plan in the following schemes with effect from close of business hours on May 11, 2026:

• Invesco India – Invesco Global Equity Income Fund of Fund
• Invesco India – Invesco Pan European Equity Fund of Fund
• Invesco India – Invesco Global Consumer Trends Fund of Fund

Restriction on registration of STP and IDCW Transfer Plan is applicable only where the Designated Scheme(s) is a Target Scheme.

The suspension will also apply to instalments of existing SIP, STP, and IDCW Transfer Plan already registered in the Designated Schemes as on May 11, 2026. However, these will remain active in the system and will be reactivated once fresh subscriptions resume.

The AMC clarified that the suspension does not apply to switch-outs, redemptions, switches between plans or options of schemes, fresh Systematic Withdrawal Plan (‘SWP’) registrations, or instalments of existing SWPs. The suspension is temporary in nature and will continue until further notice is issued.

All other terms and conditions of the Scheme Information Documents (‘SIDs’) and Key Information Memorandums (‘KIMs’) remain unchanged. This notice cum addendum forms an integral part of the SIDs / KIMs of the Designated Schemes.