Insights

Intimation of suspension of subscription in Bandhan US Equity Fund of Fund

November 16, 2024 . FundsIndia Desk

Investors are hereby informed that, As per the Notice dated June 21, 2022, investments in the Bandhan US Equity Fund of Fund (lumpsum, switch-ins, new SIP registrations, and existing SIPs) had been allowed within SEBI’s overseas investment limits as of February 1, 2022.

To prevent exceeding these limits, all new investments (lumpsum, SIPs, switch-ins, and existing SIP installments) in the scheme will be temporarily paused starting November 13, 2024.

This suspension will remain in effect until further notice. However, redemptions, SWPs, STP-outs, and switches to other schemes will continue to be allowed. Additionally, intra-scheme switches between different plans and options of the scheme are not affected.

For more information, please refer to the addendum

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