New 55% Off on All Courses - Enroll Now! Click Here

    Question

    SEBI has in October 2021 has launched a new Mutual Fund

    that is called…….
    A Silver ETF Correct Answer Incorrect Answer
    B Platinum ETF Correct Answer Incorrect Answer
    C Diamond ETF Correct Answer Incorrect Answer
    D Bullion ETF Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    In October 2021, Sebi allowed the launch of a silver exchange-traded fund (ETF) by fund houses in line with Gold ETFs. Small investors will be able to be benefitted from the silver exchange-traded funds. They wouldn’t have to face purity issues or physical holding risks and will have higher liquidity as it will be easier to buy and sell silver ETFs as and when required. 

    Practice Next