Quantum Gold ETF Lists On NSE

Mumbai: Quantum Mutual Fund, a Mumbai-based mutual fund house, on Feb 28, dubuted its Quantum Gold Fund, the country's fifth gold Exchange Traded Fund (ETF) on the NSE. It made its debut at Rs 680 a unit, a increase of Rs 87.15 over its allotment price, which is also the highest price at which it traded during the day. It reached a low of Rs 600 before closing the day at Rs 610.37. Of the already listed gold ETFs on the NSE, the Gold Benchmark ETF was increased by 1.23 per cent, Kotak surged 5.36 per cent and Reliance was up 1.36 per cent, whereas UTI's Gold ETF declined 3.53 per cent to end the day at Rs 1,226.81