Gold ETFs invest directly in physical gold, require a demat account, offer real-time liquidity, and have lower expenses. Gold ETF FoFs invest in ETF units, need no demat, allow low-ticket SIPs, carry higher expenses, and follow NAV-based pricing.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs