Custodian

July 8, 2011

Silver ETF India (ICICI Direct,NSE,Kotak,SBI,HDFC) – How to Buy the Best,Taxation,Comparison vs Physical Silver

Silver ETFs in India have started making their debt after the rip roaring success of gold etf funds in India.All the major mutual fund houses in India have launched gold ETFs as a large part of the investing population has made ETFs the preferrred vehicle for investing in Gold.Their are 12 gold ETFs in India which is far the largest sector ETF in India.In fact,ETFs in India are marked by their lack of depth and variety.There are only a handful of decent ETFs in India which have good volume and liquidity though more asset management companies are coming out with ETFs.Goldman Sachs recently bought Benchmark AMC which has the most successful gold ETF and the biggest Nifty ETF in India.India Infoline is also targeting ETFs to boost its AUM.