HDFC Mutual Fund lifts Rs 1 lakh daily cap, reopens full investments in Silver ETF Fund of Fund
HDFC MF had temporarily capped fresh investments at Rs 1 lakh per PAN per day from October 14 (post 3:00 pm) amid a surge in domestic silver prices. The decision was taken to ensure investor protection, as Indian silver rates had begun trading at a noticeable premium to global benchmarks due to supply constraints in the market.
HDFC MF had temporarily capped fresh investments at Rs 1 lakh per PAN per day from October 14 (post 3:00 pm) amid a surge in domestic silver prices. The decision was taken to ensure investor protection, as Indian silver rates had begun trading at a noticeable premium to global benchmarks due to supply constraints in the market.
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