HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fund

HDFC Mutual Fund has restricted lumpsum investments in its gold ETF and fund of fund – HDFC Gold ETF and HDFC Gold ETF Fund of Fund with impact from June 8 and June 5 respectively.

The fund home knowledgeable its unitholders that it has determined to quickly prohibit lumpsum subscriptions in HDFC Gold ETF and HDFC Gold ETF Fund of Fund till additional discover.

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In HDFC Gold ETF, subscription transactions by giant buyers instantly with HDFC Mutual Fund (i.e. investing minimal Rs 25 crore) shall not be accepted from the efficient date. In HDFC Gold ETF FoF, lumpsum purchases /switch-ins into the FOF shall be processed solely upto a restrict of Rs 10 lakh per PAN per calendar month (at first holder stage). This restrict shall apply in respect of transactions acquired after cut-off time (3:00 PM) on June 5.

It additional mentioned that each one different phrases and circumstances of the schemes will stay unchanged. This addendum shall type an integral half of the SID / KIM of the schemes as amended every so often.

Launched on December 28, 2022, HDFC Gold ETF had an AUM of Rs 69.72 crore as of April 30, 2026. Within the final one 12 months, the fund misplaced 4.01% and since its inception it has given a CAGR of 8.27%.

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