HDFC Mutual Fund restricts fresh lump-sum investments in Gold ETF, Gold FoF
HDFC Mutual Fund has imposed temporary restrictions on fresh lump-sum investments in its HDFC Gold ETF and HDFC Gold ETF Fund of Fund, citing broader economic and market conditions. The move comes weeks after the fund house deferred the launch of its Gold-Silver Passive Fund of Fund amid growing policy focus on precious metal imports.
HDFC Mutual Fund has imposed temporary restrictions on fresh lump-sum investments in its HDFC Gold ETF and HDFC Gold ETF Fund of Fund, citing broader economic and market conditions. The move comes weeks after the fund house deferred the launch of its Gold-Silver Passive Fund of Fund amid growing policy focus on precious metal imports.
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