Slew of ETF(Exchange Traded Funds) for most precious commodity i.e Gold are being launched in the coming few months. BenchMark Funds, UTI, TATA Mutual Fund etc. all these fund houses are planning NFO launches for Gold Mutual Funds.Primary objective for such funds would be to diversiy the investor's portfolio, hedging in a relatively safe commodity and a novel instrument for investments in India.Gold Exchange Traded Mutual Funds would be perhaps first ever to be launched in India.
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