PPFAS Mutual Fund not allowing lump sump
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https://www.desidime.com/discussions/ppfas-mutual-fund-not-allowing-lump-sump?page=1#post_8247030
Axis ESG allows lump sump. Is it the best alternative of PPFAS Flexi MF?
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None of the Mutual Funds that invest in International Scheme are allowed to register any new lumpsum or new sip; SEBI has put a restriction from 1st Feb for all AMCs; Since PPFAS Flexi MF was investing into International MFs out of the 35% non-domestic equity quota, so that’s also impacted along with other International MFs;
You can use any other Flexi-Cap MFs apart from PPFAS.