Mutual funds stop fresh investments in Gold ETFs amid rising duties
- Several mutual fund houses halted fresh investments in Gold and Silver ETFs from October 16 amid rising import duties.
- This move came in amid the government's efforts to rein in gold imports and ease pressure on the rupee.
- Gold ETF inflows increased from Rs 9,225 crore in 2024 to Rs 42,961 crore in 2025, indicating growing investment interest but now trend seems to have reversed.
Source: moneycontrol.com
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