The News Vista is dedicated to delivering accurate, timely, and unbiased news to keep our readers informed. We cover a wide range of topics including current affairs, politics, business, technology, and more.
Leading mutual fund houses, including HDFC, ICICI Prudential, and Nippon India, are temporarily restricting large lump-sum investments in gold ETFs and fund of funds. This move aligns with the government’s policy to discourage gold purchases, following an increase in import duty. The restrictions primarily target large investors, with exceptions for authorized participants and market makers, while SIPs remain largely unaffected.
