NFO period: 17th April ? 24th April, 2023
Highlights of the NFO:
- Scheme type ? An open ended exchange traded fund replicating/tracking domestic prices of Gold
- Investment objective ? The scheme seeks to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. There is no assurance that the investment objective of the scheme will be realized.
- Product suitability ? The product is suitable for investors who are seeking capital appreciation over long term by investing in gold in order to generate returns similar to the performance of gold, subject to tracking error.
- Minimum Application Amount ? Rs. 5,000/- and in multiples of Re. 1/- thereof
- Plan/ Options available ? Currently, there are no plan/options available under the scheme.
- Fund Managers ? Mr. Ravi Gehani
- Benchmark ? Domestic Price of Physical Gold (based on London Bullion Market association (LBMA) gold daily spot fixing price)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)