LatestStartup And Fundraising 16 October 2026
Indian Mutual Funds Halt New Gold ETF FoF Investments
From today, Indian mutual fund houses have been instructed by AMFI to stop accepting fresh lump‑sum investments into gold Exchange Traded Fund (ETF) fund‑of‑funds (FoFs). The move aims to curb excessive inflows and protect investors, while existing positions remain unaffected.
Indian mutual fund houses have halted new investments in gold ETF fund‑of‑funds following an AMFI directive. Existing holdings are untouched, but fresh lump‑sum cash cannot be allocated to these products.
- Why: To limit rapid inflows into gold ETFs and manage market stability.
- Impact: Investors seeking new exposure to gold via FoFs must wait for policy revision; current investors keep their positions.
Read the full details in the CNBC TV18 article.
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