Gold vs Gold Exchange Traded Funds: An Empirical Study in India

Title

Gold vs Gold Exchange Traded Funds: An Empirical Study in India

Creator

Sathish Kumar B.; Ram Raj G.

Description

This study aim of this is to estimate the relationship between gold and Gold Exchange Traded Fund (ETF) and the performance of Gold ETFs in India by using various statistical models. The data for the study covers a period of three years from 2015 to 2018. The data was collected from the National Stock Exchange database and other sources. The outcome of this study was to find out whether there is a relationship between gold and Gold ETFs. It was found out that Gold ETFs has more returns than the physical gold; Axis ETF performed the best among those Gold ETFs selected for the study. This study will be beneficial for the market researchers and investors who find the best opportunities in the Gold ETFs. 2019 EA. All rights reserved.

Source

Economic Affairs (New Delhi), Vol-64, No. 4, pp. 703-710.

Date

2019-01-01

Publisher

AESSRA

Subject

Correlation; Famas Measure; Gold vs Gold ETFs; Jensens Index; Sharpes Index; Treynors Index

Coverage

Sathish Kumar B., Department of Commerce, Christ (Deemed to be University), Bengaluru, India; Ram Raj G., Department of Commerce CA, VHNSN College, Tamil Nadu, Virudhunagar, India

Rights

All Open Access; Gold Open Access

Relation

ISSN: 4242513

Format

Online

Language

English

Type

Article

Identifier

https://doi.org/10.30954/0424-2513.4.2019.4

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