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Gold ETF News

26 Nov 2022

Industry body asks govt for preferential tax treatment for Gold ETF, Funds,etc

Amfi asks the government for preferential tax treatment for Gold ETFs and Fund of Funds ahead of the Union Budget. At present, Gold ETFs and Fund of Funds are currently subject to capital gains tax which is in line with other gold investment avenues. Currently, equity-linked savings schemes qualify for tax benefits under Section 80 CCC of the Income Tax Act for an investment limit of up to Rs 1.5 lakh in a fiscal year.

12 Nov 2021

Gold ETFs attract Rs 303 crore in October on festive season demand

This was, however, lower than the net inflow of Rs 446 crore seen in September. Before this, the segment saw a net inflow of Rs 24 crore in the previous month, data with Association of Mutual Funds in India (Amfi) showed.

14 May 2021

Akshaya Tritiya 2021: Invest in THESE gold options to beat pandemic blues

Gold buyers are unable to buy physical gold due to lockdowns. For buying Gold ETF, you don’t need a Demat account. Digital gold is one of the most popular physical gold alternatives.

03 Nov 2020

Know how much tax you need to pay while selling different types of gold

How much tax you are liable to pay on sale of gold? We are discussing 4 types of holding gold. India is the world’s second-biggest consumer of gold.

30 Jul 2020

Global gold demand in Apr-June falls 11 pc to 1,015.7 tonne

Within the investment category, while the demand for bars and coins declined by 32 percent to 148.8 tonne. the electronic traded fund (ETFs) in gold and similar products surged by a whopping 300 per cent to 434.1 tonne. COVID-19 created the perfect storm for gold investment as historic liquidity injections and record low interest rates significantly cut the cost of carrying gold.

24 Jul 2020

Looking to invest in a safe haven asset? Know how Gold ETF can be the answer

Gold ETFs are passive investment instruments. Gold ETFs are based on price movements and investments in physical gold. They are exchange traded funds of gold and a person can hold units of gold in demat form in more cost effective manner.

18 Apr 2018

Akshay Tritiya 2018: Gold ETF stock price updates

Akshaya Tritiya, a holy day for Hindus and Jains, is believed to bring good luck and success.

Gold investment

10 Jan 2018

Here's what you need to remember while investing in Gold

In a bid to boost investment in gold, the GST Council, last year, provided relief to this sector by withdrawing KYC norms and PMLA.

Gold exchange-traded funds

11 Dec 2017

Gold ETFs register Rs 500 crore outflow in Apr-Nov FY18

Trading in gold ETF has been lukewarm in the previous four fiscals.

10 Aug 2017

Gold price hits two-month peak on North Korea war of words

Spot gold was up 0.3 percent at USD 1,280.64 per ounce, after hitting $1,281.92 an ounce, its highest since June 8.

11 Jul 2017

Gold ETFs see Rs 200 crore outflow in Q1; asset base slumps 22%

Gold exchange traded funds (ETFs) continued losing steam as an investment class with investors pulling out more than Rs 200 crore from the instrument in the first quarter of the current fiscal, preferring equities over them.

Systematic Investment Plans

25 Jun 2017

Buoyed by consistent growth, SIPs set to double in 2 years

As per Amfi data, the Rs 19.04 trillion AUM industry has seen a massive outflows in April and May this year at Rs 64,692 crore and Rs 40,711 crore, respectively, primarily due to corporates withdrawing their short-term parked cash.

Akshaya Tritiya 2017

28 Apr 2017

Akshaya Tritiya 2017: Investment tips for gold on this auspicious festival

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

gold exchange traded funds

10 Apr 2017

Investors exit gold ETFs, withdraw Rs 775 crore in FY17

Investors remained bearish on gold exchange-traded funds (ETFs) as they pulled out Rs 775 crore from the instrument in the last fiscal, making it the fourth consecutive financial year of outflow.

08 Feb 2017

Investors book profit in gold ETF, withdraw Rs 649 crore in Apr-Jan

Gold exchange-traded funds (ETFs) saw a net outflow of Rs 35 crore in January, taking the total to Rs 649 crore in the first 10 months of the current fiscal, primarily on account of profit booking.

13 Oct 2016

Gold ETFs see Rs 539 crore outflows in April-Sep FY'17

Investors pulled out Rs 77 crore from gold exchange-traded funds (ETFs) in September, taking the total withdrawal to Rs 539 crore in the first six months of the current fiscal.

20 Jul 2016

Gold ETFs continue to see outflow in June on profit-booking

Investors remained bearish on gold exchange-traded funds (ETFs) in June and pulled out Rs 80 crore from this instrument, taking the total to Rs 228 crore in the first quarter of the current financial year, mainly on account of profit booking.

15 Jul 2016

MFs witness net outflow of Rs 21,535-crore in June

Investors pulled out Rs 21,535 crore from various mutual fund (MF) schemes in June, making it the second consecutive monthly outflow, primarily due to huge redemption from money market segment.

04 Mar 2016

Gold hits fresh 13-month high ahead of US jobs data

Gold hit its highest in more than a year on Friday, extending the previous day's 2 percent rally as oil prices declined and the dollar softened, while traders awaited a closely watched payrolls report from the United States

14 Jan 2016

Gold ETFs record Rs 900 crore outflow in 2015; AUM down 20%

Investors continued to pull out money from gold exchange-traded funds (ETFs) last year and withdrew close to Rs 900 crore, shrinking asset base of such products by around 20 percent.

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