HDFC Mutual Fund Restricts Lumpsum Gold ETF and Fund of Fund Investments Amid Supply Surge

HDFC Mutual Fund has suspended fresh lumpsum investments and switch-ins into its Gold Exchange Traded Fund and Gold Fund of Fund schemes. The decision follows unprecedented retail cash inflows into gold-linked assets amid fluctuating domestic and international commodity prices. While lump sum deposits are halted, existing SIPs and stock exchange trading for the ETF remain completely unaffected.