Who Can Buy NSE EGR, A New Way to Own Gold in Your Demat Account?

Written by: Aayushi ChaubeyUpdated on: 16 Oct 2026, 7:52 pm IST

NSE EGRs can be bought by retail investors in very small denominations, even 10 milligrams. They are traded Monday to Friday between 9:00 AM to 11:30 PM.

Investing in physical gold comes with challenges such as storage costs, purity concerns, and security risks. To address these issues, the National Stock Exchange of India (NSE) launched Electronic Gold Receipts (EGRs) on May 4, introducing a regulated and digital way to own and trade gold.

The new instrument is expected to integrate physical gold with India’s financial markets while making gold investment more transparent, secure, and accessible.

What Are NSE EGRs?

Electronic Gold Receipts are dematerialised securities issued against physical gold deposited with SEBI-accredited vault managers. In simple terms, an EGR represents real gold stored securely in a vault, while investors hold its electronic equivalent in their demat account.

Investors can buy NSE EGRs in denominations of 10 milligrams, 100 milligrams, 1 gram, 10 grams, 100 grams, and 1 kilogram. These receipts can be traded on the exchange just like shares, allowing investors to buy or sell gold digitally without handling physical bullion.

Who Can Invest in NSE EGRs?

EGRs are open to a wide range of participants, including retail investors, jewellers, refiners, traders, and institutional investors. Since the receipts can be traded in smaller denominations, retail participation is expected to increase significantly.

For individual investors, EGRs offer a convenient way to diversify portfolios with gold without worrying about locker charges, theft risks, or purity verification. The gold underlying these receipts must meet standards prescribed by the London Bullion Market Association (LBMA) and the Bureau of Indian Standards (BIS).

Importantly, investors also have the option to surrender EGRs and take physical delivery of gold if they choose.

How Are EGRs Different From Gold ETFs?

Electronic Gold Receipts (EGRs)	Gold ETFs
Directly backed by physical gold stored in Sebi-accredited vaults	Units of a fund that invests in gold
Electronic receipt representing physical gold	Mutual fund-like investment product
Investors can take physical delivery of gold	Physical redemption is generally not available for retail investors
Gold meeting standards approved by NSE and SEBI	Managed by fund houses with gold-backed holdings
Emerging segment with evolving liquidity	Widely traded with higher liquidity
New and developing market participation	Well-established

Conclusion

NSE’s Electronic Gold Receipts could transform how Indians invest in gold by combining the trust associated with physical bullion and the convenience of digital trading. With regulated storage and the option of physical redemption, EGRs may emerge as an attractive alternative for both retail and institutional investors looking to participate in the gold market efficiently.

EGR trading is not yet available on Angel One.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Published on: May 7, 2026, 2:55 PM IST

Aayushi Chaubey

Aayushi Chaubey is a finance enthusiast with a year of experience in the market research industry. She loves to decipher the impact of real-world developments on stock markets and how investors can make smart investment decisions to meet their long-term goals.

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