Zerodha Gold ETF FoF NFO About the fund:
Zerodha Gold ETF FoF is a fund that gives exposure in gold asset class by investing in units of Gold ETF.
Culturally, in India, Gold is deeply valued as an adornment for weddings, festivals and more. As per the World Gold Council, Indian households collectively hold close to $2 trillion worth of gold. As an investments, Gold is often considered to act as a hedge against market volatility as its price generally moves independently of assets like stocks and bonds. Thus introducing gold into your portfolio can potentially reduce overall volatility, providing a path towards achieving your financial objectives.
Underlying asset of this mutual fund (Gold ETF) is backed by physical gold. Hence, this fund offers a simple & efficient way to take exposure to gold asset class. You don’t have to take the hassle of owning, storing, or securing physical gold and can also invest regularly through SIPs.
The fund might be suitable for someone who is looking for investing with a long term horizon in mind. You can choose to start investing with an investment amount as low as ₹500.
(source:zerodhafundhouse.com)
Zerodha Gold ETF FoF NFO Details:
| Mutual Fund | Zerodha Mutual Fund |
| Scheme Name | Zerodha Gold ETF FoF |
| Objective of Scheme | 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. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – FoF Domestic |
| New Fund Launch Date | 25-Oct-2024 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 08-Nov-2024 |
| Indicate Load Seperately | |
| Minimum Subscription Amount | 500 |
(source:amfiindia)
Zerodha Gold ETF FoF NFO
Application Form
Scheme Documents
(source:zerodhafundhouse.com)
Zerodha Gold ETF FoF NFO Risko Meter:
