Zerodha Gold ETF fund-of-funds: Check details - ET Now
25 October 2024
Zerodha Mutual Fund launches the Zerodha Gold ETF FoF, a new fund offering that aims to provide capital appreciation by investing in Gold ETFs. The NFO opens for subscription on October 25, allowing investors to capitalize on gold’s potential in their portfolios.
Zerodha Mutual Fund has announced the launch of the Zerodha Gold ETF Fund of Funds (FoF), an open-ended scheme designed to invest primarily in units of Gold Exchange Traded Funds (ETFs). The New Fund Offer (NFO) is set to open for subscription on October 25 and will remain available until November 8.
According to a report by the Economic Times, the primary investment objective of this fund is to seek capital appreciation through investments in Gold ETFs. The scheme will be benchmarked against the domestic price of physical gold, providing investors with a reliable indicator of its performance. The fund will be managed by experienced professionals, Shyam Agarwal and Kedarnath Mirajkar.
Zerodha Mutual Fund launches the Zerodha Gold ETF FoF, a new fund offering that aims to provide capital appreciation by investing in Gold ETFs. The NFO opens for subscription on October 25, allowing investors to capitalize on gold’s potential in their portfolios. Zerodha Mutual Fund has announced the launch of the Zerodha Gold ETF Fund of Funds (FoF), an open-ended scheme designed to invest primarily in units of Gold Exchange Traded Funds (ETFs). The New Fund Offer (NFO) is set to open for subscription on October 25 and will remain available until November 8. According to a report by the Economic Times, the primary investment objective of this fund is to seek capital appreciation through investments in Gold ETFs. The scheme will be benchmarked against the domestic price of physical gold, providing investors with a reliable indicator of its performance. The fund will be managed by experienced professionals, Shyam Agarwal and Kedarnath Mirajkar.
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