SBI Mutual Fund house has launched initial offering period of SBI Gold Exchange Traded Scheme (SBI GETS), an open ended
gold exchange traded fund on 30 March 2009. The new offer period (NFO) will close for subscription on 28 April 2009. The NFO
price is Rs 100 per unit. The investment objective of the fund is to seek to provide returns that closely correspond to returns
provided by price of gold through investment in physical gold. However the performance of the scheme may differ from that of the
underlying asset due to tracking error.
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