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March 19th, 2013, 04:08 PM
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SBI ETF Fund
What are the ETF funds of SBI ? An exchange-traded fund (ETF) is kind of an investment fund. This type of funds traded on stock exchanges. In exchange traded fund we hold assets like stock, commodity, bonds. It is an attractive investment now days because of low cost, relief in tax. Exchange traded funds are basket of securities that are traded on stock exchange. SBI Gold ETS is the example of exchange traded fund. SBI Gold ETS: In this scheme investor invests his money in gold and gold bullion. Units of gold in this scheme can be bought and sold with help of national stock exchange. Key Benefit: The investment objective of the fund is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold. Here I am giving you image of asset allocation in SBI Gold ETS : Last edited by Neelurk; April 15th, 2020 at 11:43 AM. |
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