Gold Exchange Traded Funds (Gold ETFs) in India

by khalid on 04/07/2010 · 18 comments

EYF Gold Exchange Traded Funds (Gold ETFs) in India

Presently there are nine different Gold Exchange Traded Funds (Gold based ETF’s) available for trading as well as investments on the National Stock Exchange (NSE). Gold prices have been shooting up the roof and now a days they are at all time high, there is a lot of volatility too in the Gold Prices. We are giving the details of all Gold Exchange Traded Funds (Gold based ETF’s) here one by one.

1. Benchmark Gold BeES:- Gold BeES comes from the Mutual Fund house called “Benchmark Asset Management Company”, which is the primary front runner in the Indian Markets for introdcucing the ETF Funds trading in India. This is probably the oldest Gold based ETF available in India for trading and investment.

2. UTI-Gold ETFs :- UTI-Gold Exchange Traded Fund is also known as GOLDSHARE and launched in 2007. It has the long standing trusted name of UTI Asset Management Company and has been a hot favourite for investors looking for investing in Gold based ETF or Exchange Traded Funds.

3. Kotak Gold ETFs:- Kotak Mutual Fund house has also launched its GOLD ETF in the year 2007. This fund has also lived upto the investors expectations. This is a good option for investors looking for making investment in Gold through the Gold based ETF.

4. Reliance Gold ETFs :- Reliance Mutual Fund house is a real big name in India. They too have launched their GOLD ETF. Performance of this Gold Exchange Traded Fund is also very good and the returns are up to the expectations of the investors.

5. Quantum Gold Fund :- Quantum Fund house have also launched their Gold Exchange Traded Fund called Quantum Gold Fund and performing up to the expectations of the investors. Returns similar to the ones by the other Gold based ETFs.

6. SBI Gold ETFs :- SBI Mutual Fund house is from the Indias biggest bank SBI. They have also launched their Gold Exchange Traded Fund called SBI Gold ETF and performing is up to the expectations of the investors. Returns similar to the ones by the other Gold based ETFs.

7. Religare Gold ETFs :- Religare Mutual Fund house too have come out with the Gold ETFs called Religare Gold ETFs. Performance of this fund too is good and investors are happy to be with this ETFs.

8. HDFC Gold ETFs :- HDFC Mutual Fund house is one of the largest and well-established Fund house in the country. They too launched their GOLD ETFs recently. Performance of the fund is expected to be good as per their reputations.

9. ICICI Prudential Gold ETFs :- CICI Prudential Mutual Fund house is too from the one of the largest bank called ICICI Bank. They too launced their GOLD ETFs on 30th June 2010 and the units will be available for investors at the cost of Rs 100 up to 29th July 2010. Performance of the fund is expected to be good as per the reputations of the fund house.

With the launch of too many Gold ETFs from different fund houses, investors have option to choose from them. The investors looking for investing in Gold that too specifically in Gold based ETF now have a wide variety and choice.

Now if you asked that which one is the best Gold ETF for investing, I would say say that the Gold ETF having lower expanses ratio and actively traded in the market is the best one.


pixel Gold Exchange Traded Funds (Gold ETFs) in India

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{ 14 comments… read them below or add one }

ASHOK PHALLE September 27, 2010

I WANT TO INVEST 20 LAKHS IN GOLD PLEASE GIVE DETAILS
ASHOK
QATAR

Reply

khalid September 27, 2010

Hi Ashok
You can invest in directly through banks in biscuit form or in paper form called ETF, however the second option is more convenient and safe too. ETF are in electronic form and handling problem is not there.
Go for ETF.
Happy investing.

Reply

Reshmi Ray October 4, 2010

I want to invest in gold.What are the procedure of buying and selling ETF?

Reply

khalid October 4, 2010

Hi Rashmi
A gold ETF is a financial instrument like a mutual fund but unlike a mutual fund, the units of a gold ETF have to be purchased or sold on the stock market. To do so, one needs to have a demat account and a brokerage account with an online brokerage like ICICIdirect, or you may purchase it through your local stock broker.
So go for gold ETF.
Happy investing.

Reply

Rahul Kapoor October 4, 2010

Is there any risk in a gold ETF? I want to invest in gold ETF.

Reply

khalid November 19, 2010

Hi Rahul
If it is the concern of theft then ETF is safest way to invest in gold. The only risk is price fluctuations of gold but as per the history gold gives positive return in long term. So go for it.
Happy investing.

Reply

prasanth January 13, 2011

I want to invest in gold.What are the procedure of buying and selling ETF

Reply

khalid February 8, 2011

Hi Prasanth,
A gold ETF is a financial instrument like a mutual fund but unlike a mutual fund, the units of a gold ETF have to be purchased or sold on the stock market. To do so, one needs to have a demat account and a brokerage account with an online brokerage , or you may purchase it through your local stock broker.
So go for gold ETF.
Happy investing.

Reply

Aaditya February 7, 2011

hi ..could u suggest me atleast 3 gold etfs in india which has yielded max returns.. so as it provides me wid options to invest???

Reply

khalid February 8, 2011

Hi Aditya,

3 best gold etf’s as per their yield are..
GoldBees
Kotak Gold
Quantem Gold

Happy investing.

Reply

S Kumar May 24, 2011

I want to invest in Gold ETF but i want to find out more about this instrument. Is there any locking period buying Gold ETF ? Also what are the tax implications, i mean do we get capital gain tax exemption if we hold for more than a year ?

Reply

Ishita Sharma June 2, 2011

Very nice article on Gold ETFs. If you want to invest in gold but do not want to hold it physically, Gold ETFs are best option available. Visit.INVESTMENTBAZAR for more information on investments.

Reply

rose October 6, 2011

is sbi eft the best to invest

Reply

khalid November 8, 2011

Hi Rose,

As per the servey in traderji.com http://www.traderji.com/exchange-traded-funds/33882-best-gold-etf-india.html
Gold BeES ETF of Benchmark Mutual Fund is the best in market and not the SBI ETF as you asked.

Thanks for your visit

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