Zerodha Mutual Fund launches Zerodha Gold ETF FoF

by News Team | Mutual Fund

NFO period: 25th October - 08th November, 2024

Highlights of the NFO:

  • Scheme type - An open ended fund of fund scheme investing in units of Gold ETF

  • Investment objective - The investment objective of the scheme is to seek capital appreciation by investing in units of Gold ETF. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

  • Product suitability - This product is suitable for investors who are seeking to generate capital appreciation over long term by investing in units of Gold ETF which in turn invest in Physical Gold.

  • Minimum Application Amount - First investment is Rs. 500/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available - Direct Plan having Growth Option only.

  • Fund Managers - Mr. Shyam Agarwal and Mr. Kedarnath Mirajkar

  • Benchmark - Domestic price of physical gold

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