International funds: Which are still open and what alternatives do Indian investors have?
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar pointed out that using the LRS route to buy overseas stocks directly brings high costs and tax compliance issues. He said investors are stuck until the RBI eases the limit, which he did not expect soon given pressure on the rupee.
More of Abhishek's views on mutual funds
The article explains why many international mutual funds in India are closed to fresh money because of regulatory and fund-level caps, with US-focused funds most affected. It notes which types of options remain open and discusses investing directly abroad through the RBI's Liberalised Remittance Scheme.
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International funds: Which are still open and what alternatives do Indian investors have?