Gold FoF Inflows Paused Before Diwali, Existing SIPs And Withdrawals Continue
New Delhi: Several mutual fund houses have temporarily stopped accepting fresh investments into gold exchange-traded fund fund-of-funds, or Gold ETF FoFs, from October 16, according to investor communications cited in reports. The restrictions arrive ahead of the festive season , when gold buying typically increases. Asset managers said the measures would remain effective until further notice.…
We haven't written up this one. Free Press Journal has the full story — the link below goes straight to it.
