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The Economic Times
The Economic Times
Surbhi Khanna

Tata Mutual Fund announces temporary restrictions on subscriptions in its gold ETF and FoF

Tata Mutual Fund Gold ETF

Tata Mutual Fund has announced temporary restrictions on subscription transactions for its Tata Gold Exchange Traded Fund (ETF) and Tata Gold ETF Fund of Fund (FoF) with effect from June 8. The fund house cited prevailing broader economic and market conditions as the primary reason behind this decision.

The restrictions will apply prospectively and remain in force until further notice. In Tata Gold Exchange Traded Fund: Subscription transactions by large investors investing directly with Tata Mutual Fund—specifically transactions with a minimum investment amount of Rs 25 crore—will not be accepted from the effective date.

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