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Investments in Gold Exchange Trade Funds

Dated:- 31-7-2015 - A gold exchange traded fund is an exchange traded fund (ETF) that invests in gold and gold related instruments as the underlying and aims to track the price of gold. The return of Gold ETF schemes is directly dependent on the retu .....

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s as under: No. of Gold Exchanged Traded Funds Assent under Management (in Rs. crores) 13 6,51,636 The regulatory provisions prior to February 15, 2013 mandated Gold ETFs to invest predominantly in physical gold. However, Securities and Exchange Boar .....

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order to contain Current Account Deficit (CAD) which inter-alia included: Gradual increase in customs duty from 2 per cent in January 2012 to 10 per cent in August 2013. The Reserve Bank of India put in place the 20:80 scheme for nominated banks/age .....

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