Choice Mutual Fund’s Gold ETF launch attracts investor interest

Choice Mutual Fund opened its Gold ETF for subscription on October 24 with a minimum investment threshold of ₹1,000 and no upper limit. The scheme aims to mirror domestic gold price movements and lists post-October 31. The launch coincides with rising global hedging demand and gold nearing ₹1.2 lakh per 10 grams. Analysts expect the ETF to gain traction amid investor appetite for inflation protection and portfolio diversification, reinforcing gold’s position as a preferred defensive asset in volatile markets.