SEBI digital gold warning: The Securities and Exchange Board of India (SEBI) has warned investors against putting money into digital or e-gold products. These investments lie outside its regulatory ambit and carry “significant risks,” the markets regulator said on Saturday.
Digital Gold
Yellow Metal, We Tell You about some of the Options Available For Investing
Gold ETFs and Funds
Mutual funds offer exchange-traded funds (ETFs) that invest primarily in physical gold with each ETF unit typically representing 1gm of gold. The equivalent physical gold (Yellow Metal) is held with the custodian bank and valued periodically, as per the Securties and Exchange Board of India’s (Sebi) guidelines. The performance of a gold ETF is benchmarked against the domestic price. Ideally, the returns from the scheme should match that of the benchmark.