Zerodha Mutual Fund launches Zerodha Gold ETF

Feb 16, 2024 by Advisorkhoj Team | NFO | 5 Downloaded

NFO period: 16th February – 21th February, 2024

Highlights of the NFO:

  • Scheme type – An open-ended scheme replicating/tracking domestic prices of Gold

  • Investment objective – The investment objective of the scheme is to generate returns corresponding to the Domestic Price of Gold before expenses, subject to tracking errors, fees and expenses by investing in Physical Gold. There can be no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation by investing in gold in order to generate returns similar to the performance of the gold, subject to tracking errors.

  • Minimum Application Amount – First investment is Rs. 500/- and in multiple of Rs. 100/- thereafter

  • Plan/ Options available – Currently, there are no plans/options available under the scheme.

  • Fund Managers – Mr. Shyam Agarwal

  • Benchmark – Domestic Price of Physical Gold

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

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