Three major asset management companies have imposed purchase restrictions on large investors in gold mutual fund schemes. This move aims to curb gold imports and manage strong inflows, with retail investors expected to remain unaffected. Wealth managers see this as a response to the Prime Minister's call to reduce imports, following gold's significant recent performance.

HDFC Mutual Fund's new investment limits on gold ETFs and funds are sparking debate on investor behavior and asset allocation. Expert Feroze Azeez suggests the move aims to curb…

HDFC Mutual Fund has temporarily restricted large lump-sum investments in its Gold ETF and Gold ETF Fund of Fund amid surging gold prices and rising inflows. While SIPs remain…

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…

MUMBAI: Mutual fund (MF) houses are restricting large inflows into gold exchange traded funds (ETFs) and fund of funds (FoFs) feeding into such schemes in order to align with…

Three major asset management companies have imposed purchase restrictions on large investors in gold mutual fund schemes. This move aims to curb gold imports and manage strong…

South Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in a few chipmakers has increased…

Major mutual fund houses, including HDFC, ICICI Prudential, Nippon India and Tata Mutual Fund, have temporarily restricted large investments in gold ETFs amid surging demand,…