SBI MF Unveils New Gold ETF

SBI Mutual Fund has rolled out a new gold ETF.

SBI Mutual Fund has rolled out a new gold ETF, The Hindu reports. The SBI Gold ETF will allow investors to put their money in the purest form of gold without needing to purchase and store physical gold, and without a dematerialized account. Investment in the ETF can be made through a single investment or through a systematic investment plan, adds India Infoline. The opening and closing dates for the new fund are August 22 and September 5, respectively.

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