Markets◆ Mixed
Sebi’s gold fund curbs may have limited impact as ETF route remains open
SEBI is in focus with 16 October in focus.
· LiveMint Markets
Sebi has asked mutual funds to stop accepting fresh lump-sum investments, systematic investment plans and systematic transfer plans into gold ETF fund-of-funds (FoFs) from 16 October. The curbs currently do not apply to gold ETFs.
Key facts
- Dates in focus
- 16 October
Why it matters
- With SEBI involved, this carries a regulatory dimension that can outlast the immediate market reaction.