Tata MF follows peers in suspending large invest into gold ETF, fund of fund
This story was originally published at 16:59 IST on 8 June 2026
Register to read our real-time news.Informist, Monday, Jun. 8, 2026
MUMBAI – Following its peers, Tata Mutual Fund Monday said it has temorarily restricted subscription in 'Tata Gold Exchange Traded Fund' and 'Tata Gold ETF Fund of Fund.' It cited "broader economic and market condition" for this move. Subscriptions exceeding INR 250 million will not be accepted from Monday, and the restrictions will not be applicable to market makers or authorised participants, it said.
Lump sum purchases or switch-ins into the fund of fund will be processed only up to INR 1 million per permanent account number per month at the first holder level, it said. All other terms and conditions of the schemes remain unchanged.
Last week, HDFC Mutual Fund and ICICI Prudential Asset Management Co. had suspend lump sum subscriptions into gold ETFs. These decisions come at a time when rising energy prices due to the war in West Asia have stoked concerns about higher inflation. The Centre had in May raised the import duty on gold to 15% from 6% to dissuade people from non-essential gold purchases and save foreign exchange. End
Reported by Ashutosh Pati
Edited by Avishek Dutta
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
