Starting October 16, 2026, many top mutual fund houses have temporarily suspended fresh subscriptions and registrations for Systematic Investment Plans (SIPs) and Systematic Transfer Plans (STPs) in their Gold fund schemes. However, existing SIPs and STPs will continue to be processed according to their original mandates. This move aims to manage investments in Gold funds amid current market conditions.
- Fresh SIP and STP registrations in Gold funds are suspended from October 16, 2026.
- Existing SIP and STP instalments will continue to be processed.
- Redemptions and switch-outs remain allowed without restrictions.
- Top-ups on existing SIPs and STPs are generally not permitted during the suspension.
What has ICICI Prudential Mutual Fund announced about Gold fund SIPs and STPs?
ICICI Prudential Mutual Fund has stopped accepting fresh subscriptions in its Gold ETF Fund of Fund through all modes, including lump sum, SIP, and STP registrations, effective October 16, 2026. Existing SIP, STP, and Transfer-in of Income Distribution cum Capital Withdrawal Plan (IDCW) instalments registered before this date will continue to be processed. However, top-ups on existing SIPs and STPs will not be allowed.
How is HDFC Mutual Fund handling the Gold fund subscription suspension?
HDFC Mutual Fund has temporarily restricted subscriptions in its HDFC Gold ETF Fund of Fund and HDFC Gold Silver Passive FOF schemes after the cut-off time of 3:00 PM on October 15, 2026. Existing systematic transactions registered before this date will continue to be processed. Redemptions remain unaffected and can be made without any restrictions.
What are LIC Mutual Fund's guidelines regarding Gold fund transactions?
LIC Mutual Fund has decided not to accept new registrations for SIPs (including SIP Step Up, Micro SIP, and Pocket SIP), STP-In transactions, and IDCW Transfer Facility under its LIC MF Gold ETF Fund of Fund from October 16, 2026, until further notice. Existing SIPs, STPs, and IDCW reinvestment instructions will continue as per their registered mandates. Other scheme features remain unchanged.
What restrictions has Tata Mutual Fund placed on its Gold ETF FOF?
Tata Mutual Fund has temporarily restricted all fresh or additional lump sum investments, switch-ins, top-ups, new SIP registrations, and new STP registrations into the Tata Gold ETF FOF starting October 16, 2026. Instalments under existing SIPs and STPs will continue and be processed at the applicable NAV. Redemptions, switch-outs, and existing Systematic Withdrawal Plans (SWPs) will continue as usual.
How is Aditya Birla Sun Life Mutual Fund responding to the Gold fund suspension?
Aditya Birla Sun Life Mutual Fund has discontinued acceptance of fresh subscriptions and switch-in applications for its Gold Fund from October 16, 2026. Applications received until October 15 will be processed. Systematic transactions registered before October 15 will continue to be processed under the respective plans and options.
What has Baroda BNP Paribas Mutual Fund stated about Gold fund transactions?
Baroda BNP Paribas Mutual Fund has temporarily suspended lump-sum subscriptions, additional purchases, switch-ins, and fresh registrations of SIPs and STPs in its Gold ETF Fund of Fund from the close of business on October 15, 2026. Existing systematic transactions, including SIPs, STPs, and SWPs, will continue to be processed. Investors may redeem or switch out from the scheme as per existing terms.
What are Invesco Mutual Fund's measures regarding Gold fund subscriptions?
Invesco Mutual Fund has temporarily suspended lump sum purchases, switch-ins, and fresh registrations for SIP, STP, and IDCW Transfer Plan in its India Gold ETF Fund of Fund from the close of business on October 15, 2026. This suspension does not affect switch-outs, redemptions, switch between plans/options, or registration and processing of Systematic Withdrawal Plans (SWPs). Existing SIPs, STPs, and IDCW Transfer Plans will continue to be processed, but no top-up enhancements will be allowed during the suspension.
Frequently Asked Questions
Q: Are existing SIP and STP instalments in Gold funds affected by the suspension?
A: No, existing SIP and STP instalments registered before the suspension date will continue to be processed as per their mandates.
Q: Can investors redeem or switch out their Gold fund units during the suspension?
A: Yes, redemptions and switch-outs are allowed without any restrictions during the suspension period.
Q: Are top-ups on existing SIPs and STPs allowed during the suspension?
A: Generally, top-ups on existing SIPs and STPs are not permitted during the suspension period.
Q: Is the suspension permanent?
A: No, the suspension is temporary and will continue until further notice from the mutual fund houses.
