New Delhi, June 5 -- India's largest gold ETF managers are putting brakes on fresh inflows into their gold investment products, a move that industry experts said is aimed at slowing inflows from corporate treasuries rather than deterring retail participation.

ICICI Prudential Mutual, which has one of the largest gold ETFs, said it will not accept direct transactions from large investors, mainly institutional investors investing Rs.25 crore or more in the gold ETF, as per an addendum by the mutual fund. While HDFC Mutual Fund also did the same, it has also restricted lump sum investments in its gold FoF to Rs.10 lakh per individual per month, according to a press release.

Nippon India Mutual Fund has also announced these measures.

Kotak...