What Happened To Reliance Gold Etf
Reliance Gold Etf is an open-ended exchange traded fund that invests in physical gold. Launched in 2007, it was one of the first gold-based ETFs in India. However, it has been in operation for less than a year and has not been very popular with investors.
In September 2016, Reliance Mutual Fund announced that it would be winding down the Reliance Gold Etf. The fund will be closed to new investors from October 3, 2016, and will be completely wound up by March 31, 2017.
There are a few reasons why Reliance Gold Etf may have not been successful. Firstly, the fund charges a high expense ratio of 2.5%. This is relatively high compared to other gold-based ETFs in India. Additionally, the fund has not been very liquid, with average daily trading volume of only Rs. 5 crore.
Gold prices have also been on a downward trend in recent years, which has made the Reliance Gold Etf less attractive to investors. In light of these factors, it is not surprising that the fund is being wound down.
Investors who have invested in the Reliance Gold Etf should consider redeeming their units before the fund is wound up in March 2017.
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Is it good to invest in Nippon India ETF gold BeES?
Nippon India ETF Gold BeES is an exchange traded fund that follows the Nifty 500 Index. It is a passively managed fund that invests in stocks of companies that comprise the index. The fund was launched in 2007 and is managed by Nippon India Asset Management Company.
The fund has given a return of 9.08% since inception. In the past one year, it has given a return of 1.47%. The fund has a beta of 1.09 and an alpha of 0.41.
The fund has an expense ratio of 0.5%.
The fund invests in stocks of companies that comprise the Nifty 500 Index. The index is a benchmark index that comprises the top 500 companies listed on the National Stock Exchange of India. The companies are selected on the basis of their market capitalization.
The fund has a portfolio that is well-diversified across different sectors. The top sector that the fund is invested in is the banking sector, which accounts for 23.73% of the portfolio. The fund is also invested in the IT sector (18.23%), the energy sector (13.01%), and the metals and mining sector (10.68%).
The fund has a low risk profile. The beta of the fund is 1.09, which indicates that the fund is less volatile than the market. The fund has an alpha of 0.41, which indicates that the fund has outperformed the market by a margin.
The fund is a good investment option for investors looking for a low-risk investment option. The fund is well-diversified across different sectors and has a low risk profile. The fund has given a return of 9.08% since inception and is a good option for investors looking for a stable return.
Which is the best gold ETF in India?
Gold exchange-traded funds (ETFs) are investment securities that are traded on stock exchanges like regular stocks. They are backed by physical gold, stored in a secure vault, and offer investors a convenient way to invest in the gold market.
There are a number of gold ETFs available in India, but not all of them are equally reliable and safe. So, which is the best gold ETF in India?
The answer to this question depends on several factors, including the size of the fund, the management quality, the fees and expenses, and the track record of the fund.
Some of the best gold ETFs in India include the following:
1. Kotak Gold ETF
2. SBI Gold ETF
3. ICICI Prudential Gold ETF
4. Reliance Gold ETF
5. HDFC Gold ETF
6. UTI Gold ETF
7. Birla Sun Life Gold ETF
8. Deutsche Gold ETF
9. Goldman Sachs India ETF
10. JP Morgan India ETF
Each of these gold ETFs has its own strengths and weaknesses, so investors should carefully research the funds before investing.
What happened to SBI ETF gold?
SBI Gold ETF was one of the most popular gold exchange traded funds (ETFs) in India. However, it was recently announced that the fund will be closed down. Here’s a look at what happened to SBI Gold ETF, and why it was shut down.
SBI Gold ETF was launched in 2009, and it quickly became one of the most popular funds in India. The fund was managed by SBI Funds Management, and it offered investors the opportunity to invest in gold through the stock market. The fund was especially popular among investors who wanted to avoid the hassle and expense of buying and storing physical gold.
However, on July 3, 2018, it was announced that the SBI Gold ETF fund would be closed down. The fund will be wound up on July 31, 2018. So what happened to SBI Gold ETF, and why was it shut down?
There are several reasons why SBI Gold ETF was shut down. The first reason is that the fund was not very popular in recent years. In fact, the fund had been losing money for the past few years. In 2017, the fund lost Rs. 178 crore, and in 2016, it lost Rs. 204 crore. This was mainly because the price of gold had been declining in recent years.
The second reason is that the fund was not very liquid. This means that it was not easy to sell the fund’s shares. This was because the fund was not very actively traded. In fact, the average daily trading volume was just Rs. 2 crore.
The third reason is that there were better options available for investors. There are now many other gold ETFs available in India, including the HDFC Gold ETF and the ICICI Prudential Gold ETF. These funds are more popular and more liquid than the SBI Gold ETF fund.
So why was the SBI Gold ETF fund shut down? There are several reasons, including poor performance, low liquidity, and the availability of better options. However, the main reason is that the fund was not very popular in recent years.
Which is the best gold ETF to invest in?
Gold ETFs are a popular way to invest in the precious metal. But with so many on the market, it can be difficult to decide which one to choose.
The SPDR Gold Shares ETF (GLD) is one of the most popular gold ETFs. It holds physical gold, and its shares are backed by gold bullion held in a vault. The fund has over $40 billion in assets and charges a management fee of 0.40%.
The iShares Gold Trust ETF (IAU) is another popular option. It also holds physical gold, and its shares are also backed by gold bullion. The fund has over $12 billion in assets and charges a management fee of 0.25%.
Both of these funds are good options, but they may not be the best choices for everyone. Some investors may prefer to invest in a fund that is focused on gold mining companies, rather than physical gold.
The VanEck Vectors Gold Miners ETF (GDX) is a good option for those investors. The fund holds a mix of gold mining companies, and it has over $8 billion in assets. It charges a management fee of 0.53%.
Another option is the VanEck Vectors Junior Gold Miners ETF (GDXJ), which focuses on junior gold mining companies. The fund has over $3 billion in assets and charges a management fee of 0.57%.
Investors should consider their investment goals and risk tolerance before deciding which gold ETF is right for them.
Which gold ETF is best in 2022?
Gold is a valuable resource that has been used as a form of currency, jewelry, and other decorative items for centuries. In recent years, gold has also been used as an investment vehicle, with investors buying gold in the form of coins, bars, or ETFs.
Gold ETFs are a popular investment choice, as they offer a way to invest in gold without having to store the physical metal. There are a number of different gold ETFs available, so it can be difficult to decide which one is the best option for you.
In this article, we will compare four of the most popular gold ETFs and discuss some of the pros and cons of each.
Gold ETFs Comparison
The four gold ETFs we will be comparing are:
SPDR Gold Shares (GLD)
iShares Gold Trust (IAU)
VanEck Vectors Gold Miners ETF (GDX)
VanEck Vectors Junior Gold Miners ETF (GDXJ)
SPDR Gold Shares (GLD)
SPDR Gold Shares is the most popular gold ETF, and it is also the largest gold ETF in the world. It has over $37 billion in assets under management and offers investors exposure to gold bullion.
The ETF is physically backed by gold stored in a number of different vaults around the world. This makes it a popular choice for investors who are looking for a secure way to invest in gold.
The downside to SPDR Gold Shares is that it is expensive to trade, with a 0.40% expense ratio.
iShares Gold Trust (IAU)
The iShares Gold Trust is another popular gold ETF. It has over $11 billion in assets under management and offers investors exposure to gold bullion.
The ETF is physically backed by gold stored in a number of different vaults around the world. This makes it a popular choice for investors who are looking for a secure way to invest in gold.
The downside to iShares Gold Trust is that it is expensive to trade, with a 0.25% expense ratio.
VanEck Vectors Gold Miners ETF (GDX)
The VanEck Vectors Gold Miners ETF is a gold mining ETF that offers investors exposure to a basket of gold mining companies. The ETF has over $8.5 billion in assets under management and has a 0.53% expense ratio.
The upside to the VanEck Vectors Gold Miners ETF is that it offers investors exposure to a basket of gold mining companies. This gives investors the opportunity to benefit from the potential upside of the gold mining industry.
The downside to the VanEck Vectors Gold Miners ETF is that it is expensive to trade, and it is also highly volatile.
VanEck Vectors Junior Gold Miners ETF (GDXJ)
The VanEck Vectors Junior Gold Miners ETF is a gold mining ETF that offers investors exposure to a basket of junior gold mining companies. The ETF has over $3.5 billion in assets under management and has a 0.55% expense ratio.
The upside to the VanEck Vectors Junior Gold Miners ETF is that it offers investors exposure to a basket of junior gold mining companies. This gives investors the opportunity to benefit from the potential upside of the junior gold mining industry.
The downside to the VanEck Vectors Junior Gold Miners ETF is that it is expensive to trade, and it is also highly volatile.
Which Gold ETF is Best in 2022?
Is gold ETF better than gold mutual fund?
Gold ETFs and gold mutual funds are two different investment products that invest in the precious metal gold. Both have their pros and cons, which can make it difficult to decide which is better for you.
Gold ETFs are securities that are traded on exchanges like stocks. They are backed by physical gold, which is held in vaults by the issuing company. This guarantees that you will receive the same return as the underlying gold price, minus fees. Gold ETFs can be bought and sold throughout the day, making them a very liquid investment.
Gold mutual funds, on the other hand, are not traded on exchanges. They are managed by a mutual fund company, which buys and sells gold on behalf of the fund’s investors. This can lead to a higher expense ratio, as the mutual fund company must cover its own costs. Gold mutual funds are not as liquid as ETFs, and you may not be able to sell them as easily.
So, which is better? It depends on your individual needs and preferences. Gold ETFs are more liquid and easier to trade, but they also have higher fees. Gold mutual funds are less liquid, but may be cheaper if you don’t need to trade often. Ultimately, it’s important to do your own research and decide which product is best for you.
Which gold ETF is safest?
Gold is often seen as a safe investment, and there are a number of different ways to invest in the precious metal. One option is to invest in a gold exchange-traded fund (ETF).
So, which gold ETF is the safest?
There is no straightforward answer to this question, as the safety of an ETF depends on a number of factors, including the issuer’s credit rating and the type of gold it holds.
However, some gold ETFs are considered to be safer than others.
For example, the SPDR Gold Shares ETF (GLD) is one of the most popular gold ETFs and is backed by physical gold. The fund has a credit rating of AAA from Standard & Poor’s, indicating that it is considered to be very safe.
The ETF also has a low expense ratio of 0.40%, which means that investors don’t have to pay a lot to invest in it.
Another popular gold ETF is the iShares Gold Trust (IAU). This fund is also backed by physical gold, and it has a credit rating of AAA from S&P.
The ETF has an expense ratio of 0.25%, making it a cost-effective way to invest in gold.
However, not all gold ETFs are as safe as the SPDR Gold Shares ETF and the iShares Gold Trust.
Some ETFs invest in gold mining companies, which can be riskier than investing in physical gold.
For example, the VanEck Vectors Gold Miners ETF (GDX) has a credit rating of BBB- from S&P and an expense ratio of 0.53%.
This ETF invests in a number of different gold mining companies, and it is therefore more risky than the SPDR Gold Shares ETF and the iShares Gold Trust.
So, which gold ETF is the safest?
It depends on the individual ETF and the issuer’s credit rating.
However, the SPDR Gold Shares ETF and the iShares Gold Trust are both considered to be safe, reliable options for investors.
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