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The Economic Times

Business

Rakshanda Sharma

HDFC, ICICI Prudential, Tata Mutual Fund halt fresh investments in gold ETF FoFs ahead of festive season

Tata Mutual Fund Mutual Funds Gold ETF HDFC Mutual Fund ICICI Prudential Asset Management Company ET Online Securities and Exchange Board of India

Tata Mutual Fund, HDFC Mutual Fund and ICICI Prudential Asset Management Company on Thursday issued notices halting fresh investments in their gold fund-of-funds (FoFs), ahead of the festive season.

The notices, seen by ET Online , do not specify a reason for the restrictions. Investors can continue to redeem their existing investments, according to the notices.

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