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  • IDBI Gold Exchange Traded Fund collects over Rs 110 crores in the New Fund Offer
  • November 09, 2011
  • IDBI Gold Exchange Traded Fund (IDBI Gold ETF), the New Fund Offer (NFO), by IDBI Asset Management Ltd received an overwhelming response from investors. It collected over Rs 110 Crores, predominantly from around 11,000 retail investors, including HNIs.

    IDBI Gold Exchange Traded Fund (IDBI Gold ETF), the New Fund Offer (NFO), launched by IDBI Asset Management Ltd received an overwhelming response from investors. The NFO collected over Rs 110 Crores, predominantly from around 11,000 retail investors, including HNIs.

    Commenting on the success of IDBI Gold ETF, Mr. Debasish Mallick, Managing Director and Chief Executive Officer, IDBI Asset Management Ltd, said: "The positive response received by our NFO confirms investors' faith in IDBI Brand...
  • View more at: http://www.1888pressrelease.com/idbi-gold-exchange-traded-fund-collects-over-rs-110-crores-i-pr-349049.html