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Mutual fund distributor in Kolkata · TenX Investment

Week ending Friday, 6 November 2026

Best week in at
least 4 years.

Sensex
81,028
+8.82% this week
Nifty 50
25,030
+8.58% this week
Nifty Financial Services
+10.4%
Financial Services led, up 10.41%
Bank Nifty
59,086
+8.04% this week

The Nifty 50 rose 8.58% this week to 25,030.35 and the Sensex rose 8.82% to 81,028.02, with gains in each of the last seven sessions. Financial Services (+10.41%) and Realty (+10.17%) led the sectors. Business press reports pointed to strength in banking stocks on Friday.

Market pulse

How each part of the market is moving, and how jittery the mood is. Refreshes every few minutes while the market is open.

Sectors

Loading sectors…

NSE sector indices, price change. Darker green or red means a bigger move. Past performance may or may not be sustained in future.

What could a monthly SIP grow to?

₹10,000
15 years
12%
0% (no step-up)
6%
Estimated value after 15 years
₹50,45,760
About ₹50.46 lakh
Worth about ₹21.05 L in today's money at 6% inflation
You invest
₹18,00,000
Estimated growth
₹32,45,760
Estimated valueIn today's moneyMoney you put inPoint at (or tap) the chart to see how it grows each year

An illustration, not a forecast. It assumes the same return every year, compounded monthly. Real mutual fund returns go up and down and are not guaranteed.

New · free · takes 2 minutes

How healthy is your money?

Ten vital signs of your family's finances, one score out of 100, and a to-do list that starts with what protects you most.

Try question 1 here: if your income stopped, how long could your savings cover your expenses?

Start the check-up Score, to-do list and a printable report.
No sign-up. Answers stay on your phone.

What kind of investor are you?

Five quick questions. Your answers suggest how much ups and downs you can live with, which shapes the kind of funds worth discussing.

1. When would you need most of this money?
2. If your investment fell 20% in a few months, you would…
3. Which matters more to you?
4. How steady is your income?
5. How much have you invested in shares or equity funds before?

Your profile builds up here as you answer, and appears as soon as the fifth question is done.

Answered 0 of 5

ConservativeAggressive
  1. ConservativeSafety first
  2. Moderately conservativeSome growth, limited losses
  3. BalancedGrowth within limits
  4. Moderately aggressiveComfortable with swings
  5. AggressiveGrowth over many years

EquityDebt and hybrid · illustrative mixes, not a recommendation

Trusted with ₹3 crore, and growing

Client assets with TenX

October 2026

Families and professionals have trusted TenX with their mutual fund investments. The assets we look after have grown six times in three years, and each step has come faster than the last.

  • 6×growth in client assets since Sept 2023
  • 5 monthsto grow from ₹2 crore to ₹3 crore
  • ARN-185393AMFI-registered mutual fund distributor
Start investing with Prateek
Assets under management, and the time each milestone took

Assets under management (AUM) across TenX client folios on the dates shown. AUM rises with new investments and with market movements; it is not a measure of returns earned by any client.

New · data since 2000, updated every evening

Is this fall unusual? See every one since 2000.

Six charts from official NSE and AMFI data: every crash and how long it took to recover, what every SIP since 2000 is worth today, how often investors lost money, and what missing the best days cost.

Open the six charts
Nifty 50 below its record−9.0%
200020102020Today
7 yearsheld this long since 2000, the Nifty 50 never lost money
54%less money for anyone who missed only the 10 best days
100%of SIPs run five years or more are in profit today

New · research desk, refreshed every evening

What is the market's mood today? Ten views on one page.

A mood score for the whole market, a sector rotation map, what mutual funds bought and sold last month, every fund's risk against its return, a stock screener over every listed company, where promoters, FIIs and DIIs moved their stakes last quarter, sixteen famous investors' tests, FII and DII flows, and what is open to subscribe.

Open the research desk
47Neutral
PessimismMarket mood, 0–100Optimism
2 of 19sectors in the leading quadrant: Airlines and Diversified
93 fundsopened a position in Vedanta Aluminium Metal in September 2026, the most of any stock
+₹45,960 crforeign institutions' net cash-market buying over the last five sessions
972 ▲ · 1,153 ▼listed companies where foreign institutions raised / cut their stake in the September 2026 quarter's filings

Deeper market reads

The bigger picture behind today's moves: how the year has gone, what has been weighing, where the money is flowing and the dates ahead.

The year so far

The Nifty began 2026 at 26,130. It fell as low as 22,232 on 8 October, 14.9% below that. Its high for the year was 26,329 on 2 January. It has since recovered 12.6% from its low. At the close on 6 November it stood at 25,030, 4.2% below where the year started.

Updated after every session.

Nifty 50 in 2026, from its low to its high. The thin mark is where the year began.
25,030
6 November close
22,232
8 October low
26,329
2 January high
This day last year Closing levels on 6 November 2025, and now
Nifty 50 25,51025,030 −1.9% in a year
Sensex 83,31181,028 −2.7% in a year
Brent crude $63.4$97.9 +54.5% in a year
Rupee per dollar ₹88.56₹93.89 rupee weaker by 6.0%
Gold ($/oz) $3,991$4,046 +1.4% in a year

What has been weighing on markets

Five pressures have weighed on Indian markets this year, and two of them are easing.

Crude oil

$98.0 a barrel Still a pressure

Brent crude is at $98.00 a barrel, higher than in the last note. India imports most of its oil, so costlier crude raises inflation and import costs.

The rupee

₹93.89 per dollar Easing

The rupee is at 93.89 per US dollar, a little stronger than in the last note. A weak rupee cuts the dollar returns that foreign investors earn in India and makes imports such as oil costlier.

Foreign buying

+₹45,960 Cr this monthEasing

Foreign institutions net bought about ₹45,960 crore of shares in November up to 6 November, while domestic institutions net sold about ₹24,197 crore (NSE provisional, cash market).

US bond yields

4.87% on the 10-year Still a pressure

The US 10-year Treasury yield is 4.87%, a touch lower than in the last note. When safe US bonds pay more, riskier markets like India have to offer more to attract money, which can pull share valuations down.

RBI policy rate

5.50%, up 0.25 pointsStill a pressure

On 7 October the RBI raised its repo rate by 0.25 points to 5.50%, its first rise since February 2023, and changed its stance to calibrated tightening. Higher rates raise borrowing costs.

Foreign investors stayed net buyers in November and the rupee strengthened, while Brent crude rose and the US 10-year yield edged lower. The RBI's rate rise stayed in place.

Notes updated after the close on 6 November. Crude, rupee and US yield figures with a dot refresh through the day .

Foreign money returned. Indian institutions sold.

Up to 6 November, foreign institutions bought a net ₹45,960 crore of Indian shares. Domestic institutions, including the mutual funds your SIPs flow into, sold ₹24,197 crore. On Friday foreign institutions bought ₹13,750 crore and domestic institutions sold ₹5,969 crore.

Foreign, November
+₹45,960 Cr
Domestic, November
−₹24,197 Cr

Updated after every session.

Net buying and selling, last 7 sessions Foreign institutions Domestic institutions
29 Oct
−944
+1,924
30 Oct
+3,599
−818
2 Nov
+3,115
−392
3 Nov
+6,837
−3,679
4 Nov
+7,284
−3,712
5 Nov
+14,975
−10,445
6 Nov
+13,750
−5,969

Net purchases (+) and sales (−) in the cash market, ₹ crore. Provisional NSE data for 29 October–6 November 2026; final depository figures may differ.

Ten years of foreign and domestic flows, with the Nifty's return

Foreign institutions (FII)Domestic institutionsNifty 50 return under each bar

See the yearly numbers
YearForeign (FII)Domestic (DII)Nifty 50
2026 (so far)−₹3,99,313 Cr+₹6,87,463 Cr−11.8%
2025−₹3,06,419 Cr+₹7,88,185 Cr+10.5%
2024−₹3,02,434 Cr+₹5,26,545 Cr+8.8%
2023−₹19,526 Cr+₹1,82,186 Cr+20.0%
2022−₹2,86,494 Cr+₹2,74,738 Cr+4.3%
2021−₹85,669 Cr+₹92,404 Cr+24.1%
2020+₹73,483 Cr−₹46,042 Cr+14.9%
2019+₹35,731 Cr+₹46,915 Cr+12.0%
2018−₹66,870 Cr+₹96,647 Cr+3.1%
2017−₹41,124 Cr+₹89,211 Cr+28.6%
2016−₹11,837 Cr+₹40,080 Cr+3.0%

Foreign (FII) and domestic (DII) institutions' net purchases in the cash market, ₹ crore, provisional NSE and BSE data: monthly figures as compiled by TradersCockpit and Moneycontrol, with 2026 months and the 2024 to 2026 yearly totals from Nuvama, and the current month from NSE's daily figures. Yearly totals may differ slightly from the sum of the months. Nifty 50: price return for the period. Past performance may or may not be sustained in future.

₹3,122 CrApril 2016
₹4,335 CrMarch 2017
₹7,119 CrMarch 2018
₹8,055 CrMarch 2019
₹8,641 CrMarch 2020
₹9,182 CrMarch 2021
₹12,328 CrMarch 2022
₹14,276 CrMarch 2023
₹19,271 CrMarch 2024
₹25,926 CrMarch 2025
₹32,087 CrMarch 2026
₹32,490 CrSept 2026

April 2016, then each March, then September 2026. Point at a bar to see its month.

Monthly SIP inflows into mutual funds

SIPs have grown tenfold in ten years

In April 2016, investors put ₹3,122 crore a month into mutual funds through SIPs. This September it was ₹32,490 crore, a new record set in the middle of one of the year's sharpest corrections.

₹38,307 Cr
went into equity funds in September, 30.6% more than in August. Small-cap funds led with ₹9,039 Cr.
10.06 crore
SIP accounts made a contribution, and about 63 lakh new SIPs were registered.
₹82.64 lakh Cr
in total industry assets, down 5.1% in the month, mainly due to ₹1.83 lakh crore of debt fund outflows and lower market values. Still 9.3% higher than a year ago.

AMFI monthly data, released 12 October 2026.

All mutual funds

Every open-ended mutual fund in India with its returns over one, three and five years. Filter by category or fund house, sort any column, and tap a fund to see its NAV chart and what a SIP in it would be worth today. Updated every business day.

Fund name Category Compare or add to basket
Loading funds…

1Y is the absolute return over the last year; 3Y and 5Y are yearly compounded returns. Growth options only, calculated from AMFI's daily NAVs. Regular plans are bought through a distributor and include its commission; direct plans have a lower expense ratio. Past performance may or may not be sustained in future. This list is for information, not a recommendation.

Tap any fund in the table to see its NAV chart, returns and SIP history here.

NAV data from MFAPI.in, which publishes AMFI's daily NAVs. Returns are calculated from NAVs and ignore loads and taxes. Past performance may or may not be sustained in future. Shown for information only, not as a recommendation.

Funds with a 20-year record of 15% a year or more

Regular growth plans that have returned at least 15% a year over the last 20 years, listed alphabetically. This is a record of the past, not a ranking or a recommendation: past performance may or may not be sustained in future, and a fund that suits one investor may not suit another. Tap View to see a fund's live NAV, returns and SIP history, or Compare to put funds side by side.

Fund20-year yearly returnActions
Bandhan Flexi Cap Fund+15.4%
Canara Robeco Large and Mid Cap Fund+15.0%
HSBC Midcap Fund+15.7%
ICICI Prudential Value Fund+15.1%
Nippon India Banking & Financial Services Fund+15.4%
Nippon India Growth Mid Cap Fund+15.5%
Nippon India Pharma Fund+18.1%
Quant Small Cap Fund+15.9%
SBI Consumption Opportunities Fund+15.7%
Sundaram Mid Cap Fund+15.1%
Sundaram Small Cap Fund+15.3%

20-year CAGR of regular growth plans as of 14 October 2026, as published by MyInvestmentIdeas. Funds launched less than 20 years ago, such as Nippon India Small Cap Fund (launched September 2010), are not included. Past performance may or may not be sustained in future. This list is for information and is not a recommendation; sector funds such as pharma, banking and consumption carry higher concentration risk. Talk to Prateek before choosing a fund.

Several fund houses have paused new money into gold funds

From 15-16 October, a number of fund houses stopped accepting new lump sums, switch-ins and new SIP registrations in their gold fund-of-funds. Instalments of SIPs registered earlier continue, and redemptions are not affected.

Reports differ on the cause: some cite SEBI instructions passed on through AMFI, while others say no regulator circular has been issued. No reopening date has been announced. Gold ETFs are not covered.

Since 16 October · cafemutual.com. Check your scheme's notice before investing.

Key rates and RBI projections

RBI repo rate
5.50%
up 0.25 points
Next RBI decision
4 December
end of the 2–4 December meeting
GDP growth, FY 2026-27
7.1%
RBI projection
CPI inflation, FY 2026-27
5.2%
RBI projection

For this financial year, the RBI projects 7.1% GDP growth and 5.2% CPI inflation, as stated in its 7 October 2026 policy statement.

Dates to watch

  1. Tuesday, 10 November

    The NSE stock market is closed for Diwali Balipratipada.

  2. Thursday, 12 November

    The government publishes India's retail inflation (CPI) figure for October.

  3. Tuesday, 24 November

    The NSE stock market is closed for Prakash Gurpurb Sri Guru Nanak Dev.

  4. Monday, 30 November

    The government publishes India's GDP growth figures for the July-September quarter.

  5. 2–4 December

    The RBI's Monetary Policy Committee meets. It announces its interest rate decision at the end of the meeting.

  6. Wednesday, 9 December

    The US Federal Reserve announces its interest rate decision after a two-day meeting. US rates are followed closely by global markets, including India's.

Dates checked on 7 November against official schedules. They can change; the official announcement prevails.

Never miss these datesAdd them to your phone's calendar in one tap.

Explained simply

FIIs and DIIs: who are they?

Foreign institutions invest money from abroad. Domestic institutions are Indian mutual funds, insurers, banks and pension funds, funded largely by monthly SIPs.

Browse the Knowledge Hub: 100 two-line lessons on funds, stocks, tax and insurance ›Play the Daily Money Quiz 🧠 ›

Mutual fund glossary: NAV, XIRR, exit load and 46 more terms, with calculators ›How the riskometer works ›

Money Stories

One real-life money decision, followed for decades with real numbers. A new story every 15 days.

New · No. 4 · Retirement income · Calculator inside ₹25,000 a month for 25 years, then ₹2.84 lakh a month: can a SIP + SWP income last for ever? Withdraw 8% a year from a fund earning 12% and the money never runs out, on paper. When that works, when a crash or inflation breaks it, and a sturdier plan. Read the story → Age 30 to 55 · SIP₹25,000a month, ₹75 lakh in allAt 55 · corpus₹4.26 croreat an assumed 12%From 55 · 8% SWP₹2.84 lakha month to spendBy 95 · steady 12%₹13.6 croretaken out, ₹118 crore leftBut a 30% fall in the first SWP year empties it by 76.
No. 3 · FD vs mutual fund tax: ₹2.11 crore or ₹7.61 crore? No. 2 · Buy vs rent: ₹2.36 crore or ₹4.28 crore? No. 1 · PF vs Mutual Fund: ₹3.66 crore or ₹5.46 crore? All Money Stories →

From the TenX blog

Plain-English notes on markets, rates and investing, written by Prateek.

Prateek Gupta

Chartered Accountant and Company Secretary, based in Kolkata

  • Graduate, St. Xavier's College, Kolkata
  • AMFI-registered MFD · ARN-185393

TenX Investment is Prateek's mutual fund distribution practice. He helps families and businesses invest in schemes from across India's fund houses, set up SIPs that last, and keep every folio, nomination and KYC in order.

One contact, every fund house
Access to 3,400+ mutual fund plans from across India's fund houses, without juggling apps and logins.
SIPs, STPs and SWPs
Set up correctly, tracked, and changed when your life changes.
Regular portfolio reviews
Every folio in one view, reviewed with you on a schedule.
Paperwork handled
KYC, nominations, bank mandates and change requests.

Talk to Prateek

Questions about a fund, a SIP or your portfolio? Call, message or write.

Prateek Gupta's digital visiting card
My digital cardSave my contact in one tap, or share the card.

Questions people ask

Straight answers about TenX, investing through a distributor, and using this site.

Who runs TenX Investment?

TenX Investment is the mutual fund distribution practice of Prateek Gupta, a Chartered Accountant and Company Secretary based in Kolkata and a graduate of St. Xavier's College, Kolkata. It is registered with AMFI as a mutual fund distributor (ARN-185393).

Is TenX Investment registered with AMFI?

Yes. TenX's AMFI Registration Number is ARN-185393. You can verify it with the distributor search on the AMFI website.

How does TenX earn money?

TenX earns commission from fund houses on the schemes it distributes. This commission is included in the expense ratio of regular plans. As a distributor, TenX does not provide investment advice.

How do I start investing with TenX?

Call or message Prateek on +91 97484 34883, or email tenxinvestmentservice@gmail.com. You need your PAN, Aadhaar and a bank account to complete KYC; after that you can start a SIP or a one-time investment in schemes from across India's fund houses.

Do you only work with investors in Kolkata?

No. TenX is based in Kolkata, but KYC, investing and paperwork can all be done online, so it works with investors across India.

What is the minimum amount to start a SIP?

It depends on the scheme. Many funds accept SIPs from ₹500 a month, and some from as little as ₹100. You can start small and raise the amount as your income grows; the SIP calculator shows what a step-up can do.

What can I do with the tools on this website?

Compare 3,400+ mutual fund plans by returns in the fund screener, see each fund's holdings and sector mix, check how much two funds overlap, build a basket, and plan with SIP and goal calculators. NAVs come from AMFI and update every business day.

How can I see all my mutual fund investments in one place?

Download your Consolidated Account Statement (CAS) from CAMS, KFintech or MF Central; it lists every folio across fund houses. TenX also reviews clients' folios with them on a schedule.

Is the information on this website investment advice?

No. Everything here is general information for education, including the Knowledge Hub and the daily quiz. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance may or may not be sustained in future.

Where can I raise a complaint?

Contact TenX first on +91 97484 34883 or by email. If the issue is not resolved, you can file a complaint on SEBI's SCORES portal.

Still have a question? Ask Prateek on WhatsApp.

Markets

What pulled the Nifty down 15% this year, and what turned it this week

By Prateek Gupta, CA, CS, 18 Oct 2026, 4 min read

The Nifty 50 began 2026 at 26,130, its close on 31 December 2025. On 8 October it closed at 22,232, 14.9% lower, after touching 22,180 during the day. That is a sharp fall for a market that had rarely paused in recent years, and it did not come from one shock but from five arriving together.

The five pressures

Crude oil. Brent crossed $108 a barrel in late September as tensions between the US and Iran disrupted shipping through the Strait of Hormuz. India imports most of its oil, so expensive crude raises the import bill, feeds inflation and squeezes company margins.

The rupee. A bigger import bill means more demand for dollars. The rupee weakened past 97 to the dollar on 8 October. For a foreign investor, a falling rupee shrinks returns measured in dollars.

Foreign selling. Foreign institutions sold a provisional ₹48,769 crore of Indian shares in October up to the 16th. Part of the money is going to AI-led rallies in markets such as the US, Taiwan and South Korea, where India has little exposure.

US bond yields. With US government bonds paying more than 5%, investors expect more from riskier markets, which pulls down the price they are willing to pay for Indian earnings.

Interest rates at home. On 7 October the RBI raised its repo rate to 5.50%, its first hike since February 2023, as inflation picked up.

What turned last week

In the week to 16 October the Sensex rose 3.11% to 74,729 and the Nifty 2.8% to 23,146, the best week in nearly six months. IT stocks led with an 11.7% jump, their strongest week in nearly 18 years, on solid quarterly results. A firmer rupee, softer crude, steady buying by Indian institutions and hopes for an India–US trade deal helped. The rally stayed with large companies; small-caps, FMCG and pharma lagged.

What it means if you invest through SIPs

Indian institutions, funded largely by monthly SIPs, bought almost exactly what foreign investors sold this month. SIP contributions reached a record ₹32,490 crore in September. A fall like this one means each instalment buys more units. Nobody can say where markets go next, and they will stay sensitive to oil, the rupee and global yields, but for long-term goals the habit of investing every month matters more than timing any single month.

Talk to Prateek Share on WhatsApp

For general information and education only, not investment advice or a recommendation. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Interest rates

The RBI raised rates for the first time since 2023. Here is what changes for you

By Prateek Gupta, CA, CS, 18 Oct 2026, 3 min read

On 7 October the Reserve Bank of India's Monetary Policy Committee raised the repo rate by 0.25 percentage points to 5.50%. It is the first increase since February 2023. The RBI also changed its stance to "calibrated tightening", which means it is prepared to raise rates further, in measured steps, if inflation demands it.

Why the RBI moved

Inflation has been creeping up. Consumer price inflation rose to 4.8% in August, and the RBI now expects 5.2% for 2026-27. At the same time it expects the economy to grow a healthy 7.1%, which gives it room to tighten without choking growth.

Your loans

Most new floating-rate home loans are linked to the repo rate. When it rises, banks reset the loan rate at the next reset date, so your EMI or your loan tenure goes up. Fixed-rate loans do not change.

Your fixed deposits

Banks tend to raise deposit rates after a hike, often with a lag. If you are about to book a long fixed deposit, it can be worth checking whether rates are still moving up.

Your debt funds

Bond prices move opposite to interest rates. When rates rise, existing bonds lose some value, and funds holding long-dated bonds feel it most. Liquid, money market and short-duration funds are less affected and start earning more as rates rise. Matching the fund's duration to how long you will stay invested matters more now.

What to watch

The minutes of the October meeting come out on 21 October and will show how strongly members feel about further hikes. The next policy meeting is on 2 to 4 December.

Talk to Prateek Share on WhatsApp

For general information and education only, not investment advice or a recommendation. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Market basics

FIIs vs DIIs: who really moves Indian markets?

By Prateek Gupta, CA, CS, 18 Oct 2026, 3 min read

Every evening the stock exchanges publish two numbers that market watchers check closely: how much foreign institutional investors (FIIs) and domestic institutional investors (DIIs) bought or sold that day.

Who they are

FIIs are overseas funds, pension plans and banks investing in Indian shares from abroad. DIIs are Indian institutions: mutual funds, insurance companies, banks and pension funds. A large share of DII money comes from ordinary investors through monthly SIPs.

What happened this October

Up to 16 October, FIIs sold a net ₹48,769 crore in the cash market, while DIIs bought ₹48,168 crore. The heaviest day was 8 October, when FIIs sold ₹12,944 crore and DIIs bought ₹10,703 crore. On 16 October the roles briefly reversed: FIIs bought ₹1,166 crore while DIIs booked profits of ₹3,661 crore after the rally.

Why foreign investors are selling

US government bonds paying above 5%, a weaker rupee that eats into dollar returns, and AI-led rallies in other markets have all drawn money away from India this year.

Why domestic money matters more than it used to

SIP contributions hit a record ₹32,490 crore in September, from 10.06 crore contributing SIP accounts. That steady monthly flow gives Indian funds money to invest even when foreigners sell, which is a big reason recent falls have been cushioned.

One caution: the daily figures are provisional exchange data. Final numbers reported by depositories can differ.

Talk to Prateek Share on WhatsApp

For general information and education only, not investment advice or a recommendation. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

SIPs

Why your SIP works hardest when markets fall

By Prateek Gupta, CA, CS, 18 Oct 2026, 3 min read

When markets fall, many investors pause their SIPs to "wait for things to settle". It feels prudent, but it switches off the very mechanism that makes SIPs work.

A three-month example

Say you invest ₹10,000 a month in a fund.

  • Month 1: the NAV is ₹100, so you buy 100 units.
  • Month 2: the market falls and the NAV is ₹80, so the same ₹10,000 buys 125 units.
  • Month 3: the NAV recovers to ₹100, and you buy 100 units.

You invested ₹30,000 and own 325 units. Your average cost is ₹92.31 a unit, lower than the average NAV of ₹93.33. When the NAV is back at ₹100, your units are worth ₹32,500, even though the price only returned to where it started. The month the market fell did the heavy lifting.

What stopping would have cost

Pause in month 2 and you skip the cheapest units. Over many years and several corrections, those skipped months add up to a noticeably smaller corpus.

Habits that help

  • Link each SIP to a goal and a time frame, so short-term falls do not change the plan.
  • Increase your SIP each year as your income grows. Even a 10% step-up makes a large difference over time.
  • Keep an emergency fund of about six months' spends, so you never have to stop or redeem in a bad month.
  • Review once a year, not every time the market moves.

Averaging does not guarantee a profit or protect against losses in a falling market, but over long periods it removes the pressure of trying to time your entry.

Talk to Prateek Share on WhatsApp

For general information and education only, not investment advice or a recommendation. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Gold

Gold fund pauses explained: can you still invest in gold?

By Prateek Gupta, CA, CS, 18 Oct 2026, 3 min read

If you tried to start a new gold fund SIP recently, you may have been turned away. From 16 October, several fund houses temporarily stopped accepting fresh lump sums, switch-ins and new SIP registrations in their gold fund-of-funds.

Why it is happening

Gold funds have to buy physical gold to back every rupee invested. Demand for gold funds surged this year while a higher import duty and a weak rupee made sourcing physical gold harder and costlier. Fund houses first limited large investments in June: several stopped direct subscriptions of ₹25 crore and above into their gold ETFs, and some capped lump sums into gold fund-of-funds at ₹10 lakh per PAN per month. A few eased those limits in August before the latest pause.

If you already invest in gold funds

  • SIPs registered before the pause continue to be processed as usual.
  • Redemptions and switch-outs are not affected.
  • Each fund house's notice sets out its own rules, so check the notice for your scheme.

If you want to add gold

The pauses are temporary and apply scheme by scheme, so options differ across fund houses. Gold works best as a small diversifier that tends to hold up when shares or the rupee fall, rather than as a core holding. Talk to us before switching schemes, as exit loads and taxes can apply.

Talk to Prateek Share on WhatsApp

For general information and education only, not investment advice or a recommendation. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.