Reliance Gold ETF Investor Volume Soars

Reliance Capital’s gold ETF investors have more than tripled in number since March.

Reliance Capital’s gold ETF investors have more than tripled in number since March, Economic Times reports. The move comes as investors have lost interest in stocks and bonds due to unstable global economy. The total number of investors in the India’s third-biggest gold fund, which has about $438 million in total assets under management, has increased to 311,000 from 88,000 in March. Investments can be made directly either online or by a physical application. Investors need not have a demat account.

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