SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Muthoot Finance launches Gold ETF Loan Scheme

15 Jul 2011 Evaluate

Muthoot Finance, the largest gold financing NBFC in India will now offer hassle free loans to the public against the security of Gold Exchange Traded Funds (ETFs). The new scheme that would be available to the customers by the end of July 2011 would enable them to avail finance against their Gold ETF units to the extent of 85% of the net asset value of ETFs.

Muthoot Finance plans to venture into a totally new segment of Gold Financing which would not only add value but also enable the company to service the financial requirements of newer customer segments. The Gold ETF Loan scheme by Muthoot Finance would act as a source for the investors of Gold ETFs to raise funds against their investment units during times of immediate requirement instead of selling those units.

Gold Exchange Traded Funds (ETF), commonly referred as ‘Paper Gold’ are mutual fund units issued by Asset Management Companies against 995 purity physical gold deposited with SEBI registered custodian.

Muthoot Finance is a non-deposit taking systemically important non-banking finance company (NBFC). It is primarily in the business of lending against used household gold jewellery to individuals.

Muthoot Finance Share Price

3529.35 -55.85 (-1.56%)
08-May-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×