Indian investors can now trade in an international index as the Hang Seng Benchmark Exchange Traded Fund (Hang Seng BeES) will be available on the National Stock Exchange from Thursday.
"We are now looking at a new fund under the gold category, which will enable small investors to subscribe to the units from the offices of UTI, without even having a demat account," said sources at UTI Mutual Fund. "With the equity markets rising by almost 30 per cent between mid-March and April, investors are no longer interested in gold ETFs. Also most Indians prefer holding physical gold, rather than gold ETFs," said a broker.
The market for Shariah funds is set to grow with Benchmark Mutual Fund launching the first-ever Shariah Benchmark Exchange-traded scheme in India. It's an open-ended listed index scheme.
You will soon be able to invest in gold in the paper form through Benchmark Mutual Fund's Gold Exchange Traded Fund.
Gold exchange traded funds are a new product, so investors should look at the cost of investing in them before making a decision.
Paper gold saves your investments from volatility, and you from hassles that come with the physical form. The chance of good returns gives that extra shine.
Now that the gold exchange traded funds (GETFs) are being sold in the market, let's look at a few things to understand them better.
In last few years, a number of global players have exited the Indian mutual fund business.
The fund industry may have embraced machines and robots, but managing money still needs the human touch
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances