Artha Bharat Investment Managers IFSC launches what it describes as GIFT City’s first physical gold fund. Multiple reports say the fund takes physical exposure to gold and is designed to track international spot gold prices benchmarked to LBMA-standard bullion. The scheme also provides an option for investors to redeem their holdings in the form of gold bars, according to Business Line and Business Standard. Business Line notes that the launch is also viewed as a potential catalyst for the India International Bullion Exchange. The other coverage focuses on the product launch details, describing it as a first for the GIFT City setting and highlighting the fund’s benchmark linkage to international spot gold prices. Collectively, the articles present the launch as a step toward greater structured access to bullion-linked exposure in the Gujarat International Finance Tec-City (GIFT City) ecosystem, with the ability to convert investment into physical gold bars at redemption. The reports do not provide further operational terms such as redemption frequency, pricing mechanics, or any regulatory or tax implications.