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    <title>Gold Exchange Traded Fund Scheme (Gold ETFs) Investment in Gold Deposit Scheme (GDS) of Banks</title>
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    <description>SEBI designates Gold Deposit Scheme (GDS) of banks as a permitted gold related instrument for Gold ETFs, subject to: a cap of 20% of scheme assets for investment in GDS; a written AMC/trustee approved policy requiring prior trustee approval for each GDS investment and annual policy review; and a requirement that bank issued gold certificates be held only in dematerialised form.</description>
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      <description>SEBI designates Gold Deposit Scheme (GDS) of banks as a permitted gold related instrument for Gold ETFs, subject to: a cap of 20% of scheme assets for investment in GDS; a written AMC/trustee approved policy requiring prior trustee approval for each GDS investment and annual policy review; and a requirement that bank issued gold certificates be held only in dematerialised form.</description>
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