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The Economic Times
The Economic Times
Surbhi Khanna

ICICI Prudential Mutual Fund restricts subscription in ICICI Prudential Gold ETF

Gold ICICI Prudential Mutual Fund ETF HDFC Mutual Fund Deficit India

ICICI Prudential Mutual Fund has restricted subscription in its gold ETF - ICICI Prudential Gold ETF with effect from the close of market hours of June 5. The fund house becomes the second fund house to restrict its subscription in its gold ETF after HDFC Mutual Fund.

The fund house said that subscriptions in Gold ETF directly with ICICI Prudential Asset Management Company Limited (AMC) by eligible investors for an amount exceeding Rs 25 crores shall not be accepted till further notice.

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