ETFs are just what their name implies: baskets of securities that are traded, like individual stocks, on an exchange. Unlike regular open-end mutual funds, ETFs can be bought and sold throughout the trading day like any stock.
Currently, in India 4 companies have listed their ETF’s of gold on the NSE. They are Benchmark’s ‘Goldbees’, UTI’s ‘Goldshare’, and Kotak’s ‘Kotakgold’ and Reliance’s ‘Relgold’
We RSBL are the Authorised participants of all these listed ETF’s and provide liquidity in the markets with 2 way quotes. RSBL is the largest creator and redeemer of such units of these funds. RSBL endeavors to play a significant part in the development of gold ETF’s in India for the benefit of the retail consumers.
