Gold ETF: Choice Mutual Fund has launched the Choice Gold ETF . If you’re looking for a safe, easy, and cost-effective way to invest in gold, you now have another option. Gold is often considered a reliable way for investors to balance their portfolios and preserve value over the long term.
Subscriptions for this New Fund Offer (NFO) are currently open and will remain open until October 31st. Subscriptions will be listed on the BSE and NSE within a week, allowing you to invest and sell at any time. The minimum investment amount in this New Fund Offer (NFO) is Rs 1,000, and thereafter, you can invest as much as you wish. The fund’s performance will be measured against the national gold price. The fund will be managed by Rochan Patnaik.
What is Gold ETF?
Gold ETFs offer investors a simple, safe way to invest in gold. This means you can benefit from fluctuations in the price of gold without actually purchasing it. They attempt to provide returns that match the price of gold in the country, although there may be slight variations (tracking error).
Gold demand in the first half of this year (H1 2025) was the highest since H1 2020. The steadily rising price of gold is further attracting investors. Gold typically maintains its value during periods of inflation. It is globally accepted, scarce, and easily traded. This is why gold is considered a reliable long-term investment asset.
Indian investors’ interest in gold
Indians have always been fond of investing in gold. Recently, the price of gold crossed Rs 1.2 lakh per 10 grams. This increase comes at a time when the world is experiencing trade wars, political tensions, and instability in the financial markets.
Sweta Mitra
Working in the media for last 7 years. The journey started in the year 2018. For the past few years, my working experience has been in Bengali media. Currently working at Timesbull.com. Here I write like Business, National, and Utility News. My favorite hobbies are listening to music, traveling, food,...
