Gold Monetisation Scheme designation permits Gold ETF investment subject to a cumulative AUM cap and legacy GDS maturities. The Gold Monetisation Scheme is designated as a gold related instrument and Gold ETFs may invest in it subject to the same conditions previously applicable to the Gold Deposit Scheme. Cumulative investment by a Gold ETF in the Gold Deposit Scheme and the Gold Monetisation Scheme must not exceed 20% of the scheme's total assets under management. Existing Gold Deposit Scheme investments may run to maturity unless withdrawn prematurely.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Gold Monetisation Scheme designation permits Gold ETF investment subject to a cumulative AUM cap and legacy GDS maturities.
The Gold Monetisation Scheme is designated as a gold related instrument and Gold ETFs may invest in it subject to the same conditions previously applicable to the Gold Deposit Scheme. Cumulative investment by a Gold ETF in the Gold Deposit Scheme and the Gold Monetisation Scheme must not exceed 20% of the scheme's total assets under management. Existing Gold Deposit Scheme investments may run to maturity unless withdrawn prematurely.
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