Tata Mutual Fund launches Tata Gold ETF Fund of Fund

NFO period: 02^nd January – 16^th January, 2024

Highlights of the NFO:

• Scheme type – An open-ended fund of fund scheme investing in Tata Gold Exchange Traded Fund


• Investment objective – The investment objective of the scheme is to seek to provide returns that are in line with returns provided by Tata Gold Exchange Traded Fund. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking long term capital growth returns that are in line with returns provided by Tata Gold Exchange Traded Fund.


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


• Plan/ Options available – Regular Plan and Direct Plan having Growth Option, Payout of Income Distribution Cum Capital Withdrawal Option and Reinvestment of Income Distribution Cum Capital Withdrawal Option.


• Fund Managers – Mr. Tapan Patel


• Benchmark – Domestic Price of Gold