Zerodha Mutual Fund introduces Gold ETF
Zerodha Mutual Fund has launched Zerodha Gold ETF, an open-ended scheme replicating/tracking domestic prices of Gold. The NFO opens for subscription on February 16, 2024 and closes on February 21, 2024. Entry load and Exit load are nil for the scheme. The minimum subscription amount is Rs 500 and in multiples of Rs 100 thereafter.
The performance of the Scheme is measured against Domestic Price of Physical Gold and its fund manager is Shyam Agarwal.
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
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Quote on Gold by Jateen Trivedi, VP Research Analyst - Commodity and Currency, LKP Securities
