business π Overseas SIP doors shift this week
Three international funds reopened for fresh SIPs starting August 18th via HSBC, moving from Baroda which has opened and shut twice. HSBC allowed new investments up to Rs 2 lakh per month, while Baroda BNP Paribas Aqua shut new registrations on August 19th. High one-year returns can mislead investors, as past performance doesn't guarantee future gains. Existing SIP instalments continue, but access is dictated by India's foreign investment cap. Investors should prioritize portfolio fit over recent hype when making decisions. π§