The Economic Times

Will your gold investments be impacted as HDFC, ICICI and Tata mutual funds stop fresh high-value ETF investments?

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.