UTI’s Gold ETF To Be Listed On NSE

UTI Gold exchange traded fund will be listed on NSE on 17 April 2007. The new fund offer (NFO) of UTI Mutual Fund’s gold exchange traded fund (ETF) received overwhelming response from investors across the country. The NFO has raised nearly Rs 250 crore from about 26,000 investors, perhaps the biggest number of investors for an NFO. UTI’s Gold ETF, to be known as `Gold Share’, is the second ETF to hit the market after Benchmark’s Gold BeES.