Tata Mutual Fund announced the launch of the Tata Gold ETF Fund of Fund. The scheme opened for public subscription on January 02, 2024, and will close on January 16, 2024.
DSP Asset Mutual Fund announced the launch of the DSP Gold ETF Fund of Fund. The scheme opened for public subscription on November 03, 2023, and will close on November 10, 2023.
However, a counterbalancing factor has been central banks increasing their gold reserves while reducing their holdings of US treasuries. This has contributed to gold s resilience in the face of these challenges.