Gold fund SIPs and STPs suspended: What ICICI Prudential, HDFC, Tata, Invesco MF and others said

Here is a summary of what some of the leading mutual fund houses like HDFC MF, ICICI Pru MF, Invesco MF, Aditya Birla MF, Axis MF and Tata MF have exactly said about the Gold fund suspension.

ICICI Pru Mutual Fund

ICICI Prudential Mutual Fund has said that fresh subscriptions shall be discontinued in the ICICI Prudential Gold ETF FOF through all modes such as Lump Sum mode (including Switches) and fresh registration of Systematic Investment Plan (SIP), Transfer-in of Income Distribution cum Capital Withdrawal Plan (IDCW) and/or Systematic Transfer Plan (STP) registration (as the Target scheme) including SIP/STP under special products/features with effect from October 16, 2026.

The AMC will continue processing the existing instalments of SIP, STP and Transfer-in of IDCW including under special products/features subject to the conditions specified in the SID of the Scheme, registered prior to the effective date. However, top up in existing SIP/STP (as Target Scheme for STP) will not be allowed to be processed.

HDFC Mutual Fund

HDFC Mutual Fund said it has decided to temporarily restrict subscriptions in HDFC Gold ETF Fund of Fund and HDFC Gold Silver Passive FOF received after cut-off time (3:00 PM) of October 15, 2026 (“Effective Date”) until further notice as under.

As per the HDFC Mutual Fund, the following transactions will remain suspended in the two schemes:

• Fresh subscriptions/switch-in(s)

• Fresh systematic registrations

However, existing systematic transactions registered/received prior to October 15 will continue to be processed under both schemes. Further, there will be no restrictions on redemptions.

LIC Mutual Fund

LIC Mutual Fund has said that with effect from October 16, 2026 until further notice, LIC Mutual Fund Asset Management (‘AMC’) has decided to not accept the following transactions under LIC MF Gold ETF Fund of Fund (FOF)

1. Fresh Purchase / Subscription of Units

2. Switch-in Transactions

3. Registration of New SIPs (Systematic Investment Plans) including SIP STEP UP Facility, MICRO SIP, Pocket SIP

4. Registration of New STP-In (Systematic Transfer Plan In) Transactions (Fixed Systematic Transfer Plan and Capital Appreciation STP facility)

5. Registration of New IDCW Transfer Facility

Further, it has informed that:

• Existing SIP registrations under the Scheme shall continue to be processed as per the registered mandate.

• Existing STP-In registrations under the Scheme shall continue to be processed as per the registered mandate.

• Existing IDCW Reinvestment instructions/transfer facility mandates shall continue to be processed.

• All other features and provisions of the Scheme shall remain unchanged.

Tata Mutual Fund

Tata Mutual Fund has said that all fresh / additional lumpsum / switch-ins transactions / top-ups / new SIP registrations / new STP registrations into the Tata Gold ETF FOF shall be temporarily restricted from October 16, 2026. Further, Instalments under existing SIP/STP registrations shall continue and be processed at applicable NAV. During this suspension period, redemptions, switch-out, existing Systematic Withdrawal Plan (SWP) will continue to be permitted in accordance with the terms outlined in the Scheme Information Document.

Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Mutual Fund has announced that acceptance of fresh subscription/switch-in application(s) in Aditya Birla Sun Life Gold Fund will be discontinued with effect from Friday, October 16, 2026. Accordingly, applications for fresh subscriptions/switch-in received till October 15, 2026 will be processed. Further, systematic transactions registered till October 15, 2026 will continue to be processed under respective Plans/Options of the Schemes.

Baroda BNP Paribas Mutual Fund

Baroda BNP Paribas Mutual Fund has informed that with effect from close of business hours of October 15, 2026, the Baroda BNP Paribas Gold ETF Fund of Fund (‘the Scheme’) shall temporarily suspend acceptance of the following transactions:

1. Lump-sum subscriptions, additional purchase and switch-in transactions into the Scheme.

2. Fresh registrations of Systematic Investment Plans (SIPs) into the Scheme.

3. Fresh registrations of Systematic Transfer Plans (STPs) into the Scheme.

Existing Systematic transactions - All existing systematic transactions (including SIPs, STPs, SWPs) under the Scheme shall continue to be processed in accordance with their existing terms and frequency, subject to the availability of funds and compliance with applicable regulatory requirements.

Redemptions and Switch-outs: Investors may continue to redeem or switch-out from the Scheme, and such requests which shall be processed in accordance with the provisions of the SID and KIM and applicable regulatory requirements.

Invesco Mutual Fund

Invesco Mutual Fund has informed that it has been decided to temporarily suspend subscription through lumpsum purchases, switch-ins and fresh registration for SIP, STP and IDCW Transfer Plan in Invesco India Gold ETF Fund of Fund with effect from the close of business hours on October 15, 2026.

This temporary suspension is not applicable to switch-out, redemptions, switch between Plans / Options of the Scheme, registration of fresh Systematic Withdrawal Plan (‘SWP’) and processing instalments of SWP already registered as on the Effective Date. Further SIP, STP and IDCW Transfer Plan registered as on Effective Date shall continue to be processed. However, in case of SIP where investors have opted for Top up facility, no Top up enhancement shall be effected from Effective Date till further instructions.

Restriction on registration of STP and IDCW Transfer Plan is applicable only where Scheme is a Target Scheme. The aforesaid restriction on subscriptions is temporary in nature and will continue till further notice.