There are five different Gold based ETF’s available for trading as well as investments on the NSE. Below, we list them one by one:
Benchmark Gold BeES:
Thiswas the first off the block Gold ETF available in India for trading and investment. This comes from the Mutual Fund house called “Benchmark Asset Management Company”, which is the primary front runner in the Indian Markets for introducing the ETF Funds trading in India. The Benchmark Gold BeES ETF has managed to give consistent returns to the investors and matches the returns of all the other Gold based ETFs. ICICIDirect Trading Symbol: GOLDEX
UTI-Gold Exchange Traded Fund:
Closely following Benchmark was the UTI-Gold ETF and is one of the best performers in the Gold based ETF segment. 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. ICICIDirect Trading Symbol: UTGOLD
Kotak GOLD ETF:
It was in June 2007, when Kotak Mutual Fund house decided to launch the Kotak GOLD ETF, and this fund has also lived up to the investors expectations. ICICIDirect Trading Symbol: KOTGOL
Reliance Gold Exchange Traded Fund:
How can Reliance, which is a real big name in India, be left behind? Reliance Gold Exchange Traded Fund or ETF too have a Gold based ETF and this fund too has managed to live up to the expectations of the investors. The returns are similar to those of the other Gold based ETF available in India. ICICIDirect Trading Symbol: RELGOL
Quantum Gold Fund:
A new fund from the Quantum Fund house called the Quantum Gold Fund. Returns similar to the ones by the other Godl based ETFs. ICICIDirect Trading Symbol: QUGOLD
So now the investors looking for investing in Gold that too specifically in Gold based ETF now have a wide variety and choice. The interesting thing is that the returns on all these various Gold based ETF’s have been almost similar. The only thing an investor should be careful about is the expense ratio or fund management charges. Though the are ETF, so the only thing an investor needs to pay is the brokerage, but sometimes the ETF may also levy a fund management fee from the investors.
Benchmark Gold BeES:
Thiswas the first off the block Gold ETF available in India for trading and investment. This comes from the Mutual Fund house called “Benchmark Asset Management Company”, which is the primary front runner in the Indian Markets for introducing the ETF Funds trading in India. The Benchmark Gold BeES ETF has managed to give consistent returns to the investors and matches the returns of all the other Gold based ETFs. ICICIDirect Trading Symbol: GOLDEX
UTI-Gold Exchange Traded Fund:
Closely following Benchmark was the UTI-Gold ETF and is one of the best performers in the Gold based ETF segment. 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. ICICIDirect Trading Symbol: UTGOLD
Kotak GOLD ETF:
It was in June 2007, when Kotak Mutual Fund house decided to launch the Kotak GOLD ETF, and this fund has also lived up to the investors expectations. ICICIDirect Trading Symbol: KOTGOL
Reliance Gold Exchange Traded Fund:
How can Reliance, which is a real big name in India, be left behind? Reliance Gold Exchange Traded Fund or ETF too have a Gold based ETF and this fund too has managed to live up to the expectations of the investors. The returns are similar to those of the other Gold based ETF available in India. ICICIDirect Trading Symbol: RELGOL
Quantum Gold Fund:
A new fund from the Quantum Fund house called the Quantum Gold Fund. Returns similar to the ones by the other Godl based ETFs. ICICIDirect Trading Symbol: QUGOLD
So now the investors looking for investing in Gold that too specifically in Gold based ETF now have a wide variety and choice. The interesting thing is that the returns on all these various Gold based ETF’s have been almost similar. The only thing an investor should be careful about is the expense ratio or fund management charges. Though the are ETF, so the only thing an investor needs to pay is the brokerage, but sometimes the ETF may also levy a fund management fee from the investors.
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