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HDFC Gold Exchange Traded Fund — A Gold Exchange Traded Fund

HDFC Mutual Fund  "HDFC Gold Exchange Traded Fund", an open ended Gold Exchange Traded Fund (ETF). The min­i­mum invest­ment amount of the scheme is Rs 5,000.

Invest­ment Objec­tive — HDFC Gold Exchange Traded Fund

The invest­ment objec­tive of the Scheme is to gen­er­ate returns that are in line with the per­for­mance of gold (and gold related instru­ments includ­ing deriv­a­tives, sub­ject to track­ing errors

HDFC Gold Exchange Traded Fund – Asset Allocation

The scheme will invest 90 –100 per­cent in gold bul­lion with medium to high risk pro­file. The scheme is also likely to invest up to 10 per­cent in debt secu­ri­ties and money mar­ket Instru­ments with low risk profile.

Load Struc­ture of HDFC Gold Exchange Traded Fund

The scheme will not charge any entry and exit load. The scheme will be bench­marked against domes­tic price of phys­i­cal gold.

Min­i­mum invest­ment — HDFC Gold Exchange Traded Fund

An investor has to invest a min­i­mum of Rs 5000 and any amount thereof. The face value
is Rs. 100 and it will be issued at a pre­mium equiv­a­lent to the dif­fer­ence between the allot­ment price and the face value. Each unit is approx­i­mately equal to one gram of gold.

Fund Man­ager of HDFC Gold Exchange Traded Fund

Mr Anil Bam­boli is the fund man­ager of HDFC Gold Exchange Traded Fund. He has over 14 years of expe­ri­ence in Fund Man­age­ment and research. He has rich expe­ri­ence in man­ag­ing income schemes and equity schemes.

Invest­ment ratio­nale — HDFC Gold Exchange Traded Fund

Investors, who missed the oppor­tu­nity to invest in gold, can invest in HDFC Gold Exchange Traded Fund. Many ana­lysts still feel that lot of steam is still left for upward price move­ment in gold.

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