Mirae Asset Mutual Fund launches Mirae Asset Gold ETF

Feb 9, 2023 by Advisorkhoj Team | NFO | 9 Downloaded

NFO period: 09th February – 15th February, 2023

Highlights of the NFO:

  • Scheme type – An open-ended scheme replicating/tracking Domestic Price of Gold

  • Investment objective – To generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. The Scheme does not guarantee or assure any returns.

  • Product suitability – This product is suitable for investors who are seeking returns in-line with physical gold over medium to long-term, subject to tracking errors by investing in physical gold of 99.5% purity (fineness).

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available – The scheme does not offer any Plans/Options for investment.

  • Fund Manager – Mr. Ritesh Patel

  • Benchmark – Domestic Price of Physical Gold

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Locate Mirae Asset Mutual Fund Advisors in your city