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HDFC mutual fund places limits on Gold ETF investments
HDFC Mutual Fund has placed restrictions on buying gold ETFs. This move affects large investors and limits monthly purchases for others. The fund house cites economic conditions and import duty discussions. Investors are encouraged to explore equity and debt funds for national growth. This aims to curb gold inflows and safeguard investors.
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economictimes.indiatimes.com
HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fund
HDFC Mutual Fund has temporarily restricted lumpsum investments in HDFC Gold ETF and HDFC Gold ETF Fund of Fund. The move limits large subscriptions and switch-ins, while existing…
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thehindubusinessline.com
HDFC MF restricts investments in gold ETFs, FoFs
HDFC MF temporarily restricts large investments in gold ETFs and Fund of Funds due to economic conditions and market volatility.
