| The equity-linked and other non-gold related Exchange Traded Funds (ETFs) have been attracting greater interest from investors during 2014-15 and this trend is likely to continue, according to experts. Gold ETFs on the other hand have lost their charm, thanks to the dip in gold prices.
Equity-related ETFs are riding on the bull-run witnessed in the equity markets. "The phenomenal growth of about 24% posted by equity related ETFs is the main reason for the increasing interest in equity-related ETFs,'' explains Renjith R G, national head – distribution, Geojit BNP Paribas. In fact, certain ETFs representing the banking sector are said to have posted returns as high as 38%...............................................Full Article: Source
|