Indian Mutual Funds Suspend Bulk Gold ETF Subscriptions
Several large Indian mutual funds issued public notices suspending bulk subscriptions to gold ETFs ahead of the festive season.
By Ira Dugal and Rajendra JadhavSeveral 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.The notices from the fund houses, including Kotak Mahindra Mutu…