Gold
Gold Exchange Traded Funds (ETFs) are simple investment products that combine the flexibility of stock investment and the simplicity of gold investments. ETFs trade on the cash market of the National Stock Exchange, like any other company stock, and can be bought and sold continuously at market prices.
Gold ETFs are passive investment instruments that are based on gold prices and invest in gold bullion. Because of its direct gold pricing, there is a complete transparency on the holdings of an ETF. Further due to its unique structure and creation mechanism, the ETFs have much lower expenses as compared to physical gold investments.
List of Gold ETFs listed on NSE | ||||
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Issuer | Name | Symbol | Underlying | Launch Date |
Axis Mutual Fund | Axis Gold ETF | AXISGOLD | Gold | Nov 2010 |
Birla Sun Life Mutual Fund | Birla Sun Life Gold ETF | BSLGOLDETF | Gold | May 2011 |
Canara Robeco MF | Canara Robeco Gold ETF | CANGOLD | Gold | Mar 2012 |
Goldman Sachs Asset Management | Goldman Sachs Gold Exchange Traded Scheme | GOLDBEES | Gold | Mar 2007 |
HDFC Mutual Fund | HDFC Gold Exchange Traded Fund | HDFCMFGETF | Gold | Aug 2010 |
ICICI Prudential Mutual Fund | ICICI Prudential Gold Exchange Traded Fund | IPGETF | Gold | Aug 2010 |
IDBI AMC | IDBI Gold ETF | IDBIGOLD | Gold | Nov 2011 |
Kotak Mutal Fund | Kotak Gold Exchange Traded Fund | KOTAKGOLD | Gold | Jul 2007 |
Quantum Mutual Fund | Quantum Gold Fund (an ETF) | QGOLDHALF | Gold | Feb 2008 |
Reliance Mutual Fund | Reliance Gold Exchange Traded Fund | RELGOLD | Gold | Nov 2007 |
Religare Mutual Fund | Religare Gold Exchange Traded Fund | RELIGAREGO | Gold | Mar 2010 |
SBI Mutual Fund | SBI Gold Exchange Traded Scheme | SBIGETS | Gold | Apr 2009 |
UTI Mutual Fund | UTI GOLD Exchange Traded Fund | GOLDSHARE | Gold | Mar 2007 |