Stock Market has lead to tendency of many to go in for much safer investments that gives a reasonable return. This is the reason for gold gaining popularity as one of the safest avenues for investment.

http://holisticinvestment.in/gold-etf

Regards
Ramalinga m K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
Best Performing Financial Advisor Award Winners from CNBC TV18
www.holisticinvestment.in
Phone: 044-42030722

A Gold exchange-traded fund (or GETF) is a special type of exchange-traded fund (ETF) that tracks the price of gold. Gold Mutual Funds 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 stock exchanges. According to data, Gold BeES are the best ones to trade in. for more info on Gold ETF check http://en.wikipedia.org/wiki/Gold_exchange-traded_fund

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 investors 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.

Gold Mutual Funds 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 stock exchanges.
Gold ETF MFs are designed to provide returns that, before expenses, closely correspond to the returns provided by physical Gold.
Each unit is approximately equal to the price of 1 gram of Gold.

Advantages of investing in Gold/ Gold MFs : ...more

Only a fund not GOLD