• Category: ETF
  • AAUM : 713.12 Cr as on 31 Mar 2018
  • Investment Options: Not Available
  • Entry Load: N.A.
  • Inception: September 17, 2010
  • Benchmark: Price of Gold
  • Exit Load: Read more

    The scheme invests in gold and gold bullion. The main endeavor of the scheme is to track price of the gold. Units of the scheme can be bought or sold through the National Stock Exchange, just like a stock.

    Key Benefit

    • The investment objective of the fund is to seek to provide returns that closely corresponds to returns provided by price of gold through investment in physical Gold.

    Who can invest?

    • It is ideal for investors who would like to invest in Gold but doesn’t like the hassles and costs of storing and safeguarding physical gold. As the unit price would closely resemble price of gold in the market – an investor can easily encash his holding by selling his units on the stock exchange.Thus the fund offers an ideal way to invest in Gold and Gold bullion.
as on
From To
Quantitative Data As on 28-Mar-2018
Expense Ratio*: 1.05
Portfolio Turnover*: 0.00
Tracking Error*: 0.05%
Source:CRISIL Fund Analyser

*Tracking Error is computed using Total Returns Index for the 3 Year Period ending July 31, 2017, based on month-end NAV.

*Portfolio Turnover =lower of total sale or total purchase for the last 12 months upon Avg. AUM of trailing twelve months. Basis for Ratio Calculation: Risk Free rate: FBIL Overnight Mibor rate (6.43% as on 31-Jan-2017) 3 Years Monthly Data Points

*Expense ratio exclusive of Service Tax on Management Fees

Gold ETF Creation Unit
Creation Unit For :
NAV as on :
Gold Value per unit (Incl VAT) :
Cash Component per unit :
Cash Component per creation unit :
Gold ETF Creation Unit
Creation Unit For :
No data Available

Cash Comp is positive investor has to pay while creation and will receive on redemption.
If Cash Comp is negative investor will receive on creation and will pay during redemption.
Transaction charges payable by the investor is per creation request and will be as decided by the AMC at the time of transaction.
The above creation unit is for 1000 units of GOLD ETF.
This is an indicative amount. Cash component as applicable on the date of purchase/redemption will be collected/paid.

Unit holders, other than Authorised Participants and Large Investors, can redeem units in less than Creation Unit Size of the Scheme directly with the Mutual Fund in the following cases:

  • if the traded price of the ETF units is at a discount of more than 3% to the NAV for continuous 30 days; or
  • if discount of bid price to applicable NAV is more than 3% over a period of 7 consecutive trading days; or
  • if no quotes are available on exchange for 3 consecutive trading days; or
  • when the total bid size on the exchange is less than half of Creation Unit size daily, averaged over a period of 7 consecutive trading days.
In such a scenario valid applications received up to 3 p.m. by the Mutual Fund shall be processed and the Redemption proceeds would be paid in cash and would be as per the NAV of the Scheme declared by the Mutual Fund at the end of the day on which the Redemption request is received. Any redemption as specified above shall be made without any payments of Exit Load.

Note: Please select the date below to check the availability of this direct redemption option

Fund Manager
  • Mr. Raviprakash Sharma

    Managing this fund since Feb 2011.

    Total Experience 16 years .

  • Investment Objective
    • The investment objective of the fund is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold. However the performance of the scheme may differ from that of the underlying asset due to tracking error.

    ​​Our Customer Care no. 1800 425 5425 / 1800 209 3333 (Toll Free) | Now give a Missed Call on “8010-968-318” from registered mobile number to receive complete valuation of your Folio(s) via SMS.