Nippon India Mutual Fund has announced limits on subscription in Nippon India ETF Gold BeES and Nippon India Gold Savings Fund with effect from June 8 till further notice.The fund house, through a notice cum addendum, said that in view of prevailing market conditions, Nippon India Mutual Fund has decided to limit the subscriptions in Nippon India ETF Gold BeES and Nippon India Gold Savings Fund.Also Read | HDFC Mutual Fund limits subscription in its gold ETF and FoF. What this means for investors? It further said that in Nippon India ETF Gold BeES, currently, the facility of creating units in creation unit size for direct subscription (purchase) with the AMC is available to the Authorised Participants / Market Makers and Large Investors, with the execution value for large investors required to be greater than Rs 25 crores. It has been decided to discontinue direct fresh subscription with the AMC for Large Investors from the effective date. However, this restriction shall not apply to Authorised Participants/ Market Makers. In Nippon India Gold Savings Fund, fresh/additional subscriptions/switch-ins and fresh registrations through lumpsum investment will be restricted to Rs 10 lakh per PAN per month, while Systematic Investment Plan (SIP) or Systematic Transfer Plan (STP) or such other special product shall continue with a limit of Rs 50 thousand per PAN per day, from the date of the notice. Transactions in the aforesaid schemes received and time-stamped on or before 3.00 pm on June 5, 2026, shall be accepted and processed at the applicable NAV. The restriction on direct subscription for large investors with the AMC is only temporary in nature. All other operations, including redemptions and secondary market transactions on the exchange for Nippon India ETF Gold BeES during trading hours, will continue in accordance with the Scheme Information Document (SID), while for Nippon India Gold Savings Fund, this temporary restriction will not impact existing Systematic Investment Plans (SIPs), Systematic Transfer Plans (STPs), or redemptions/ switch-out requests, which will also continue to be executed as per the terms of the Scheme Information Document (SID). Please note that the above-mentioned investment restrictions will not be applicable for investments mandated as per regulatory requirements i.e., alignment of interest of Designated Employees of AMCs with the unitholders of the mutual fund schemes and mandatory contribution by AMC in its schemes. Also Read | ICICI Prudential Mutual Fund restricts subscription in ICICI Prudential Gold ETFNippon India ETF Gold BeES is an open-ended scheme, listed on the exchange in the form of an Exchange Traded Fund (ETF) investing in physical gold. Nippon India Gold Savings Fund is an open-ended Fund of Fund scheme investing in units of Nippon India ETF Gold BeES. Before Nippon India Mutual Fund, HDFC Mutual Fund and ICICI Prudential Mutual Fund announced limits on their respective gold ETFs and gold ETF FoFs.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in alongwith your age, risk profile, and Twitter handle.