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<h1>SEBI Allows Gold ETFs to Invest in Gold Monetisation Scheme, Capping Total Investments at 20% of Assets.</h1> The circular from SEBI addresses mutual funds and asset management companies regarding the investment of Gold ETFs in the Gold Monetisation Scheme (GMS) of banks. The GMS replaces the Gold Deposit Scheme (GDS) as per an RBI notification. Gold ETFs can now invest in GMS, with the cumulative investment in GDS and GMS capped at 20% of the total assets under management. Existing investments in GDS will continue until maturity unless withdrawn early. This directive aims to protect investors and regulate the securities market under the SEBI Act and Mutual Funds Regulations.