HDFC and Axis Mutual Fund have resumed unrestricted subscriptions in gold ETFs and funds, following similar moves by Tata and Aditya Birla Sun Life. Restrictions imposed amid strong inflows and physical gold supply constraints are being lifted as market conditions normalize, allowing investors greater access to gold-linked mutual fund schemes.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj