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ICICI Prudential AMC restricts subscription in gold ETF
The company said it will not accept direct subscriptions of more than 250 million rupees ($2.63 million) in the ETF until further notice. It did not mention a reason for the restriction.
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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.
