(Changes headline to say restricts subscriptions, not suspends)

BENGALURU, June 4 (Reuters) - India's HDFC Mutual Fund said on Thursday it will temporarily restrict lump-sum, or one-time, subscriptions in its gold exchange-traded funds (ETFs), citing broader economic and market conditions.

Here are more details:

o The fund house said it will suspend direct subscriptions of 250 million Indian rupees ($2.61 million) and above from large investors in the HDFC Gold ETF, which invests in gold bullion, from June 8.

o It also capped new investments in the HDFC Gold ETF Fund of Fund, which primarily invests in units of the HDFC Gold ETF, at 1 million rupees per investor per month from 3 p.m. IST on June 5.

o The limit on the Gold ETF Fund of Fund applies to both lump-sum investments and transfers from other schemes.

o The move follows strong investor demand for gold funds, record inflows into gold ETFs and elevated gold prices, as investors continue to rely on the safe-haven asset amid geopolitical turmoil and economic uncertainty.

o Large investments can be difficult for gold ETFs to absorb during periods of heavy demand.

($1 = 95.7850 Indian rupees)

(Reporting by Nishit Navin in Bengaluru; Editing by Diti Pujara)