The Securities and Exchange Board of India ( SEBI ) is mulling the sale of exchange - traded funds ( ETF ) focusing on metals , including gold and platinum , to institutional and retail investors . The regulator said the sale will encourage investment in a lower - risk , less - volatile market than equities , allowing for better risk management . An exchange traded fund, an open-ended mutual fund scheme, tracks its underlying index and invests in same stocks as constituted in the index. Indian ETFs are so far only linked to platinum and gold .
The Securities and Exchange Board of India ( SEBI ) is mulling the sale of exchange - traded funds ( ETF ) focusing on metals , including gold and platinum , to institutional and retail investors . The regulator said the sale will encourage investment in a lower - risk , less - volatile market than equities , allowing for better risk management . Indian ETFs are so far only linked to platinum and gold .