The rally in precious metal reflected in gold exchange traded funds as well. Birla Sun Life, Goldman Sachs, ICICI Prudential, Kotak, IDBI gold ETFs etc gained 2-7 percent.
Birla Sun Life Gold ETF has informed that Febraury 08, 2013 has been fixed as the Record Date for the purpose of Redemption of Mutual Fund.
Birla SL Mutual fund launches a New Fund Offer (NFO) - Birla Sun Life Gold Fund, an open ended scheme.
Birla Sun Life Mutual launches Birla Sun Life Gold ETF, an open ended gold exchange traded fund that aims to generate returns that is in line with the performance of gold, subject to tracking error.