The Wealth Company Mutual Fund has launched a new Gold ETF aimed at providing a cost-efficient and transparent alternative to physical gold investments. The ETF will invest in 99.5%+ purity gold, follow LBMA standards, and be listed on India’s leading stock exchange. The launch comes amid strong growth projections for India’s mobile and financial asset investment landscape. As per industry estimates cited in the release, gold ETF demand is expected to remain strong due to macroeconomic uncertainty and investor preference for safe-haven assets.
Debasish Mohanty, Chief Strategy Officer, The Wealth Company Mutual Fund, said,
“Gold continues to be a cornerstone of Indian investing, especially in volatile and uncertain environments. With The Wealth Company Gold ETF, we are bringing a product engineered for precision, liquidity, and investor trust. Our goal is to make gold investing simpler, more efficient, and institutionally robust for every segment of the market, from retail buyers to sophisticated allocators”
The fund house stated that the ETF avoids issues such as storage, security risks, and verification concerns associated with physical gold while offering seamless buying and selling through stock exchanges.
