Mutual Funds Suspend Gold FoF Subscriptions Ahead of Festive Season
· rediff.com
Over a dozen mutual fund houses in India have temporarily suspended fresh subscriptions in their gold fund of funds (FoFs) and gold-silver FoFs, a move believed to be influenced by directions from the Securities and Exchange Board of India (Sebi) ahead of the festive season.
Over a dozen Indian mutual fund houses have temporarily halted fresh subscriptions in gold fund of funds (FoFs) and gold-silver FoFs, a significant development ...