HDFC Gold ETF to use gold derivatives only during physical gold shortages

Derivatives kick in only when physical gold runs short

HDFC Mutual Fund says its HDFC Gold ETF will stay focused on physical gold, but will switch to exchange traded commodity derivatives only during temporary shortages. In line with SEBI guidelines, the move also allows limited exposure to gold delivery and settlement mechanisms and other eligible gold instruments, expanding flexibility without changing the ETF’s core physical intent.