Kotak Silver Fund Halts New Investments as Premium Widens

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Kotak Mutual Fund on Thursday temporarily halted new purchases in its fund-of-fund plan, which invests in the Indian firm’s silver exchange-traded fund, citing a domestic shortage that has pushed prices above global levels.

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Kotak Mutual Fund on Thursday temporarily halted new purchases in a plan linked to its Indian silver exchange-traded fund, citing a domestic shortage that has driven prices above global levels.

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