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Commodities Briefing - Categorized | Bullion/Gold, ETFs / ETCs, New Launches more

SBI Mutual launches Gold ETF

Posted on 31 March 2009

From WSJ: SBI Mutual Fund launched Monday a gold exchange-traded fund - India’s sixth - and said it expects the plan to collect 1.5 billion rupees ($29.7 million) to 2.0 billion rupees of investments initially.

The SBI Gold Exchange Traded Scheme will be open for subscription until April 28. It will then be traded on the National Stock Exchange…..Full Article: Source


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