Sebi’s gold fund curbs may have limited impact as ETF route remains open
60-Word AI Digest
Sebi has asked mutual funds to stop accepting fresh lump-sum investments, systematic investment plans and systematic transfer plans into gold ETF fund-of-funds (FoFs) from 16 October. The curbs currently do not apply to gold ETFs.
Key Takeaways
- Sebi has asked mutual funds to stop accepting fresh lump-sum investments, systematic investment plans and systematic transfer plans into gold ETF fund-of-funds (FoFs) from 16 October.
- The curbs currently do not apply to gold ETFs.
- Full details and original dispatch available below.
Sebi has asked mutual funds to stop accepting fresh lump-sum investments, systematic investment plans and systematic transfer plans into gold ETF fund-of-funds (FoFs) from 16 October. The curbs currently do not apply to gold ETFs.
Original Publisher Attribution
This summary was curated from Livemint.