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Mumbai April 13 The UTI Gold Exchange Traded Fund is scheduled for listing on the National Stock Exchange on April 17.

Investors can buy or sell one unit (equivalent to one gram of gold) of the scheme once it is listed.

In case of assets, other than mutual fund units and shares (non-financial assets), investors or holders can avail themselves of long-term benefits of Capital Gains Tax only if such assets are held for over three years. However, ETF units qualify for long-term capital gains if held for over a year. ETF does not attract Wealth Tax or Security Transaction Tax, according to a UTI Mutual Fund press release.

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