https://www.taxtmi.com/circulars?id=59454 Gold exchange traded fund schemes are defined and authorised to invest primarily in gold or gold related instruments (as specified by the Board). Money raised under a Gold ETF must be invested only in gold or gold related instruments except as necessary for liquidity disclosed in the offer document; pending investment, funds may be placed in short-term deposits of scheduled commercial banks. Custody of gold assets may be held by a bank registered as a custodian. Recurring storage and handling expenses are permitted, and initial issue expenses are capped by regulation. en-us Tue, 24 Jan 2006 00:00:00 +0530 Tue, 05 Feb 2019 13:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59454 Gold exchange traded fund schemes are defined and authorised to invest primarily in gold or gold related instruments (as specified by the Board). Money raised under a Gold ETF must be invested only in gold or gold related instruments except as necessary for liquidity disclosed in the offer document; pending investment, funds may be placed in short-term deposits of scheduled commercial banks. Custody of gold assets may be held by a bank registered as a custodian. Recurring storage and handling expenses are permitted, and initial issue expenses are capped by regulation. Circulars SEBI Tue, 24 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59454