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SEBI nod for Benchmark AMC's scheme

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Bharat Matrimony
CHENNAI: Benchmark AMC on Thursday received SEBI approval to launch the Gold Exchange Traded Scheme, Gold BeES. This will be an open-ended exchange traded scheme tracking the price of gold through investments in physical gold. The minimum investment for cash is Rs. 10,000 and in multiples of Rs. 1,000 thereafter, according to a release.

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