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  #1  
Old 30th June 2009, 10:05 AM
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Default SBI Gold Exchange Traded Fund



Hi

I invested new IPO called "SBI GOLD EXCHANGE TRADED FUND" thru icicidirect IPO link.

Till now, not yet listed into demat account?

Balance amount not yet refunded.?

Any ideas pls?

Thanks
bala.
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  #2  
Old 30th June 2009, 06:10 PM
Sachin Asher
 
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SBI's GETS (SBI Gold Exchange Traded Scheme) is already trading on the NSE.

http://nseindia.com/marketinfo/equit...ries=EQ&flag=0

If you had applied in the IPO, you should have got the units by now.

Did you contact ICICIDirect?
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  #3  
Old 18th September 2009, 03:15 PM
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Generally NFOs take time to list as units need to be allotted and uploaded in investor accounts. However, I think it would have been better investing in a Gold ETF that was already listed as it has a track record and trading history. While investing in ETFs you must always invest in an ETF with the highest trading volume.
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