These Mutual Funds Have Restricted Investment Limit

Photos: Pixabay Photos: Pixabay Aug 05, 2023 Rajeev Kumar

Several mutual fund schemes have restricted investment limits. Let’s have a look.

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Nippon India Mutual Fund has restricted fresh lump sum investments into its Small Cap Fund.

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There is also a cap of Rs 5 lakh per day per PAN for fresh SIP investments in Nippon India Small Cap Fund.

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Tata Mutual Fund has suspended fresh lump sum investments into its small cap fund.

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However, there is no restriction on the investments through SIP and STP into Tata Small Cap Fund.

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Mirae Asset Blue Chip Fund allows maximum SIP of Rs 25,000 per PAN. This limit is there since July 1, 2019 for fresh registrations.

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Mirae Asset Blue Chip Fund has also suspended fresh lump sum investment since October 25, 2016.

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SBI Mutual Fund has capped fresh registrations through STP/SIP on on or after February 4, 2021 to Rs 25,000 per month per PAN.

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Fresh lump sum investment into SBI Small Cap Fund is not allowed since September 4, 2020.

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