A Gold Exchange Traded Fund (GETF) unit is like a mutual fund unit backed by gold as the underlying asset. GETFs are designed to offer investors means of participating in the gold bullion market without the necessity of taking physical delivery of gold, and to buy and sell through trading of a security on a stock exchange.

With gold being one of the important asset classes, GETFs will provide a better, simpler and affordable method of investing as compared to other investment methods like bullion, gold coins, gold futures, or jewellery.