A gold exchange-traded fund (or GETF) is an exchange-traded fund (ETF) that aims to track the price of gold. Gold ETFs are units representing physical gold which may be in paper or dematerialised form. These units are traded on the Exchange like a single stock of any company. Gold ETF’s are intended to offer investors a means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell that participation through the trading of a security on a stock exchange.
This is list of all of the Gold ETFs traded in India.
Symbol | ETF Name | ETF Objective | Issuer |
GOLDBEES | Goldman Sachs Gold Exchange Traded Scheme | To provide returns that, before expenses, closely correspond to the returns provided by domestic price of gold through physical gold. | Goldman Sachs Mutual Fund |
AXISGOLD | Axis Gold ETF | To generate returns that are in line with the performance of gold. | Axis Mutual Fund |
HDFCMFGETF | HDFC Gold Exchange Traded Fund | To generate returns that are in line with the performance of gold, subject to tracking errors. | HDFC Mutual Fund |