Gold ETF restrictions: After HDFC MF, ICICI Prudential AMC stops direct investments over ₹25 crore

However, ICICI Pru AMC has not announced any restrictions for investments in its Gold ETF FOF

The Gold ETF restrictions by ICICI Pru AMC will come into effect from the close of market hours today, June 5, 2026.

In a notice-cum-addendum dated June 4, 2026, the ICICI Pru AMC said, "Investors are requested to note that the Board of ICICI Prudential Trust Limited has approved temporary restriction on subscriptions of ICICI Prudential Gold ETF (Gold ETF) with effect from the close of market hours of June 5, 2026."

As per the addendum, the ICICI Pru AMC will not accept direct investments of over Rs 25 crore in its Gold ETF.

"Subscriptions in Gold ETF directly with ICICI Prudential Asset Management Company Limited (AMC) by eligible investors for an amount exceeding Rs. 25 crores shall not be accepted till further notice," the AMC said.

However, the restrictions announced by the AMC will not apply to Market Makers/Authorized Participants.

There are no changes to the other provisions of the ICICI Pru Gold ETF scheme.

The NAV of ICICI Prudential Gold ETF as of April 30, 2026 was 127.87. The scheme had 98.2% exposure to Gold of 995 purity, whose market value was approx. 25,906 crore. The total net assets of the scheme was approx. 26,380 crore, according to the scheme's monthly portfolio disclosure.