The decision by HDFC Mutual Fund to impose limits on large lump-sum investments into its Gold ETF and introduce a monthly cap on inflows into its Gold Fund of Fund has reignited discussions around investor behaviour, asset allocation, and India's growing obsession with gold.
Speaking to ET Now, Feroze Azeez, Joint CEO, Anand Rathi Wealth said the move could be an attempt to protect investors from buying into an asset class after a sharp rally, a pattern that has been repeatedly witnessed across financial markets.