Investors planning to invest in gold through mutual funds will have to reconsider their plans as several fund houses suspend fresh subscriptions to their gold ETF fund-of-funds (FoFs) from October 16, 2026. Kotak Mahindra Mutual Fund, Tata Mutual Fund and ICICI Prudential Mutual Fund have issued notices restricting new investments in specified schemes.

The restrictions cover fresh or additional lump-sum investments, switch-ins and new systematic investment plan (SIP) registrations. New systematic transfer plan (STP) registrations into the schemes are also restricted.

Existing SIP instalments can continue, subject to the conditions specified by each fund house. Kotak, Tata and ICICI Prudential have stated that installment registered before the effective date will continue to be processed at the applicable net asset value (NAV).

Source:- https://www.moneycontrol.com/news/business/personal-finance/