RELIANCE GOLD ETF:
Investment objective:
The investment objective is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, the performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors.
Date of Inception : November 22, 2007
Asset Allocation
# Presently, investment only in physical gold is allowed as per SEBI guidelines. Investment in gold or gold related instruments may be undertaken as and when permitted by SEBI. *Upto 10% in securitized debt.
Use of gold related derivative instruments, as and when allowed by regulations.
The above Asset Allocation Pattern is only indicative. The investment manager in line with the investment objective as may alter the above pattern for short term and on defensive consideration.
Fund Manager - Mr. Hiren Chandaria
Load Structure :
Asset Allocation
| Instruments | % of Corpus | Risk Profile |
| Physical Gold or Gold Related Instruments as permitted by regulators from time to time # | 90%- 100% | Medium to High |
| Money Market instruments, Bonds, Debentures, Government Securities including T-Bills, Securitised Debt* & other debt securities as permitted by regulators from time to time | 0– 10% | Low to Medium |
# Presently, investment only in physical gold is allowed as per SEBI guidelines. Investment in gold or gold related instruments may be undertaken as and when permitted by SEBI. *Upto 10% in securitized debt.
Use of gold related derivative instruments, as and when allowed by regulations.
The above Asset Allocation Pattern is only indicative. The investment manager in line with the investment objective as may alter the above pattern for short term and on defensive consideration.
Fund Manager - Mr. Hiren Chandaria
Load Structure :
Entry Load - NIL
Exit Load - NIL
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor
Plans Available
Minimum Investment :
On the Exchange: Minimum one unit is available to all the investors.
With the Fund: 1000 units (permitted only to Authorised Participants as appointed by the AMC)
Benchmark Index -
Exit Load - NIL
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor
Plans Available
- Dividend payout Option
Minimum Investment :
On the Exchange: Minimum one unit is available to all the investors.
With the Fund: 1000 units (permitted only to Authorised Participants as appointed by the AMC)
Benchmark Index -
As there are no indices catering to the gold sector/securities linked to Gold, currently GETF shall be benchmarked against the price of Gold.
Purity of Gold -
Purity of Gold -
All gold bullion held in the scheme’s allocated account with the custodian shall be of fineness (or purity) of 995 parts per 1000 (99.5%) or higher
Available for trading on the following stock exchanges
Pricing (per unit): 1 Unit=Approx. 1 gram of gold
Available for trading on the following stock exchanges
- National Stock Exchange Of India Ltd (NSE)
- Bombay Stock Exchange Limited (BSE)
Pricing (per unit): 1 Unit=Approx. 1 gram of gold
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