Mutual Funds Halt New Investments in Gold ETF 'Fund of Funds'
Ahead of the festive season, several mutual fund companies have imposed a temporary ban on new investments and SIPs in gold ETF 'fund of funds'. This decision has impacted the market, with jewelry stocks rising, including one stock surging by 18%. The move follows RBI proposals and affects at least seven mutual fund houses.
Navbharat Times·



