gold exchange traded
funds
Comparing to physical
investment of gold , gold exchange traded funds are secured and safe ,by taking
the advantage of gold ETF investor get returns similar to physical gold, nation
stock
exchange offer various types of gold ETF’s
Gold is the one of the
best investment option in the world compare to other investment products,
everyone wants to buy some quality of gold in their life time. Gold is not only
investment it represents social status. Comparing to stock market investment
gold given best performance from last decades and volatility wise also investor
need not feel fear about gold investments.
Gold-demand-Country-wise |
Gold exchange traded
funds are become popular investment almost similar to physical gold. In modern
world everything become digitalization, gold ETF trading is simple, secured and
easy, The gold ETF are quoted like equity share in stock exchange and available
in the electronic format.
Main reason to choose
gold investment as Gold ETF
- Participate in gold ETF is simple
- Regulatory frame work
- Transparency
- Security
- Liquidity
- Low transaction charges
Detail Comparison between Gold Exchange traded funds and other gold physical investments
Parameters
|
ETFs
|
Jewelers
|
Bank
|
Purchase
& sale mode
|
Demat
Form
|
Bar
/ Coin/ Jewelers
|
Bar
or Coin
|
Security
of Asset
|
Taken
Care by Fund
|
Investor's
Concern
|
Investor's
Concern
|
Transparency
|
Very
High
|
Very
Low
|
High
|
Impurity
Risk
|
Nil
|
High
|
Nil
|
Pricing
(for retail investors)
|
Transparent.
Will be
traded
at NSE
|
Neither
standard nor
transparent
|
Not
standard. Huge
|
Selling
back
|
Sell
back on exchange
|
uneconomical
Restricted
|
Conditional
and Markup,10-15% ideally
|
Bid
Ask spread
|
Very
Low
|
Very
High
|
Can't
sell back
|
Denomination
|
1
gram and in multiples
1/2
gram
|
Available
in standard
|
denomination
|
Wealth
Tax
|
No
|
yes
|
yes
|
g
The ETF are traded in national stock exchange in India,by having of d-mat account investor can invest in gold etf .Investor can buy or sell using of broker stock trading terminal this is the major advantage of ETF’s so the investor can trade any time in exchange open time.It comes to volatility since now gold not shown any too much fluctuation in the history compare to other financial products less fluctuation recordededicated
The quantity of trade is depending upon the investor desire. Now in the national stock exchange 1 gram and 10 grams gold ETF are available for trading here 1 gram taken as 1 unit or one ETF, the investor don’t have any limitation to trade in ETF,s
Coming to the point of legal. Security and exchange board of India taken designing of special regulatory frame work for ETF management companies, ETF brokers and other intermediaries ,as per regulation the ETF companies are maintain transparent manner .
Investment knowledge is the major limitation for gold ETF,And some investor not feeling ETF as physical gold. Still showing interest on physical gold. SEBI, ETF management companies and stock broking need improve the investor awareness about the gold ETF’s and need to conduct investor awareness camps in national wide.
THIS ARE LISTED GOLD EXCHANGE TRADED FUNDS IN NSE
Scheme Name
|
Symbol
|
Managed By
|
Axis Gold ETF
|
AXISGOLD
|
Axis Mutual Fund
|
Goldman Sachs Gold Exchange Traded Scheme
|
GOLDBEES
|
Goldman Sachs Mutual Fund
|
UTI GOLD Exchange Traded Fund
|
GOLDSHARE
|
UTI Mutual Fund
|
HDFC Gold Exchange Traded Fund
|
HDFCMFGETF
|
HDFC Mutual Fund
|
ICICI Prudential Gold Exchange Traded Fund
|
IPGETF
|
ICICI Prudential Mutual Fund
|
Kotak Gold Exchange Traded Fund
|
KOTAKGOLD
|
Kotak Mutal Fund
|
Quantum Gold Fund (an ETF)
|
QGOLDHALF
|
Quantum Mutual Fund
|
Reliance Gold Exchange Traded Fund
|
RELGOLD
|
Reliance Mutual Fund
|
Religare Gold Exchange Traded Fund
|
RELIGAREGO
|
Religare Mutual Fund
|
SBI Gold Exchange Traded Scheme
|
SBIGETS
|
SBI Mutual Fund
|
Birla Sun Life Gold ETF
|
BSLGOLDETF
|
Birla Sun Life Mutual Fund
|
IDBI Gold Exchange Traded Fund
|
IDBI
|
IDBI Mutual Fund
|
Motilal Oswal MOSt Shares Gold ETF
|
MGOLD
|
Motilal Oswal Mutual Fund
|
Canara Robeco Gold Exchange Traded Fund
|
CRMFGETF
|
C anara Robeco Mutual Fund
|