Indian mutual funds stop bulk subscriptions to gold ETFs ahead of festive season
Oct 15 2026 18:56 UTC
Several large Indian mutual funds issued public notices late on Thursday suspending bulk subscriptions to gold exchange-traded funds, just ahead of the festive season when investor demand typically rises.
➤ Indian mutual funds have suspended bulk subscriptions to gold ETFs ahead of the festive season, a move reportedly nudged by the Securities and Exchange Board of India (SEBI).
➤ This action comes despite a recent fall in gold imports, suggesting a precautionary measure to manage potential currency pressure and trade deficit concerns.
➤ Historically, the festive season sees increased investor demand for gold, with inflows into gold ETFs surging last year amid lackluster stock market returns.
Read more at: https://rwatimes.io/articles/reuters-indian-mutual-funds-stop-bulk-subscriptions-to-gold-et-fs-ahead-of-festive-season-542831441?utm_source=binance
Oct 15 2026 18:56 UTC
Several large Indian mutual funds issued public notices late on Thursday suspending bulk subscriptions to gold exchange-traded funds, just ahead of the festive season when investor demand typically rises.
➤ Indian mutual funds have suspended bulk subscriptions to gold ETFs ahead of the festive season, a move reportedly nudged by the Securities and Exchange Board of India (SEBI).
➤ This action comes despite a recent fall in gold imports, suggesting a precautionary measure to manage potential currency pressure and trade deficit concerns.
➤ Historically, the festive season sees increased investor demand for gold, with inflows into gold ETFs surging last year amid lackluster stock market returns.
Read more at: https://rwatimes.io/articles/reuters-indian-mutual-funds-stop-bulk-subscriptions-to-gold-et-fs-ahead-of-festive-season-542831441?utm_source=binance