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Q.

Is the rate Kotak Gold ETF is for 22 carot or 24 carot?..Expert comments please???

Asked by Venkatraman Pitchai, 28 Apr '09 09:56 am
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Answers (1)

1.

It is 22 carat

Currently five fund houses offer gold ETFs in India, but more are gearing up to join the group. Recently SBI Magnum joined the bandwagon of Benchmark, UTI, Reliance, Kotak and Quantum, who currently offer gold ETFs. Interestingly, Kotak AMC now plans to launch another gold fund. According to its offer document filed with Sebi, the new gold fund would be a feeder fund that would invest in existing gold ETFs.
Answered by Musfer, 28 Apr '09 10:52 am

 
  
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