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, higher import duties and limited gold supply. Experts say retail investors and existing SIPs remain unaffected. The curbs mainly impact HNIs, while new investors are advised to invest gradually and maintain a 10-15% gold allocation.

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…

Nippon India Mutual Fund has imposed temporary subscription limits on Nippon India ETF Gold BeES and Nippon India Gold Savings Fund from June 8. While SIPs and STPs will continue…

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…