SBI Gold ETF

SBI Gold ETF, traded under SETFGOLD on NSE and BSE, is one of India’s oldest and most trusted gold exchange traded funds launched in 2009 by SBI Funds Management Limited. Each unit represents approximately 1 gram of 24 karat physical gold held in secure SEBI-regulated custodian vaults subject to regular audits. Backed by the credibility of State Bank of India, SETFGOLD is a premier choice for Indian investors seeking gold exposure without the hassles of physical ownership and is popular among systematic investors who use monthly purchases to accumulate gold over time.