Gold certificate holding allowed: mutual funds may hold bank-issued GDS certificates in dematerialized or physical form. Gold certificates issued by banks under the Gold Deposit Scheme for investments by Gold Exchange Traded Funds may be held by mutual funds in either dematerialized form or physical form, pursuant to a modification of paragraph 2(c) of an earlier circular, issued under SEBI's regulatory powers to protect investors and regulate the securities market.
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Gold certificate holding allowed: mutual funds may hold bank-issued GDS certificates in dematerialized or physical form.
Gold certificates issued by banks under the Gold Deposit Scheme for investments by Gold Exchange Traded Funds may be held by mutual funds in either dematerialized form or physical form, pursuant to a modification of paragraph 2(c) of an earlier circular, issued under SEBI's regulatory powers to protect investors and regulate the securities market.
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