Benchmark AMC gets SEBI nod for gold scheme
Chennai, Jan 18: Securities Exchange Board of India has issued its approval to Benchmark AMC to launch the Gold Exchange Traded Scheme (ETF).
This will be an open-ended exchange traded scheme tracking the price of gold through investments in physical gold, a release here today said.
The minimum amount of investment for cash was Rs 10,000 and in multiples of Rs 1000 thereafter.
UNI
Story first published: Thursday, January 18, 2007, 16:14 [IST]