Ahead of the festive season, leading mutual fund houses such as 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).
With investments in FOFs of these fund houses being suspended, can it affect the investments of existing investors? What options do those investors have who wanted to invest in FoFs of these fund houses?