DSP Mutual Fund launches a Gold Exchange Traded Fund (ETF) during the festive season, providing investors a digital avenue to invest in gold without the constraints of physical ownership. The New Fund Offer (NFO) opens from November 3 to November 10, 2023. With geopolitical tensions and a drying global liquidity spotlighting gold’s appeal, DSP’s Gold ETF offers a systematic and demat-free approach. Anil Ghelani, Head of Passive Investments at DSP, emphasizes gold’s low correlation with equities, making it an effective diversification tool. Tradeable on major stock exchanges, Gold ETFs offer convenience, tax benefits, and the flexibility to invest in small denominations.