Tracking Domestic Prices of Gold
Hefty expense ratio implies reduced returns over the long term
ETF has not been able to closely match its benchmark returns
ETF has been generating better price return than bank FD
Good time to consider, as ETF is not in overbought zone
UTI AMC commenced operations from February 1, 2003. It has been promoted by four sponsors, namely, SBI, Life Insurance Corporation of India, Bank of Baroda and Punjab National Bank and each of them hold 25% of the paid up capital of UTI AMC.
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