BSE restricts HSBC MF subscriptions, resumes AXIS Gold Fund

BSE has placed restrictions on subscriptions to HSBC Mutual Fund schemes on its StAR MF platform. The exchange announced the move in a notice, effective immediately, but did not specify the reason. Investors will not be able to purchase new units of HSBC MF schemes through the BSE platform until further notice.

Separately, BSE has resumed subscriptions in AXIS GOLD FUND on the StAR MF platform. The fund had earlier been restricted. The resumption allows investors to again buy units of the gold fund through the exchange. The notices were issued by BSE on the same day, but no further details on the reasons were provided.