Ahmedabad Times

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 limit 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 massive buyers immediately 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 obtained after cut-off time (3:00 PM) on June 5.

It additional mentioned that every one different phrases and circumstances of the schemes will stay unchanged. This addendum shall kind an integral a part of the SID / KIM of the schemes as amended on occasion.

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 yr, the fund misplaced 4.01% and since its inception it has given a CAGR of 8.27%.
Additionally Learn | ET Alpha Wealth Summit: Future alpha might emerge from uncared for markets and asset lessons, says Kalpen Parekh HDFC Gold ETF FoF was launched on November 1, 2011 and had an AUM of Rs 11,464 crore as of April 30. Within the final one yr, it gave a return of 57.05% and since its inception it has given a return of 11%.

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