UTI Asset Management has collected about Rs 2 billion in its gold exchange-traded fund and plans to list it on the National Stock Exchange in the first week of April, a source in the know said on Friday. The fund, which was open for subscription from March 1-16, attracted some 26,000 applications, the source added, reports The Economic Times.

Last month, UTI's rival, Benchmark Asset Management Company, collected a billion rupees in its gold ETF. 

Such funds have caught the attention of asset managers in India's rapidly growing 3.5-trillion-rupee mutual fund industry with at least seven of them planning to enter the fray. 

For more Mutual Fund News click here