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IDBI GOLD FUND

An open ended fund of fund scheme investing in IDBI Gold Exchange Traded Fund [IDBI Gold ETF]

Fund Manager

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Mr. Firdaus Marazban Ragina

Total Experience: Over 21 Years (Managing the Scheme since 20th June, 2019)

Other Funds Managed by Mr. Firdaus Marazban Ragina - Click Here

Fund Information

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Fund of Funds

Inception

14 Aug 2012

Benchmark

Domestic price of Gold
Benchmark RiskometerBENCHMARK RISKOMETER
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*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Entry Load

Not Applicable

Exit Load

For Lumpsum - 1% for exit (Redemption/Switch-out/Transfer/SWP) within 12 months from the date of allotment.
For SIP - 1% for exit (Redemption/Switch-out/Transfer/SWP) within 12 months from the date of allotment of each installment.

Face Value

Rs. 1,000/- per unit

Returns

As of last business day of the month- September 2021

-7.83%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5000/- and in multiples of Re. 1 thereafter
Minimum Additional Lumpsum Amount:
Rs. 1000/- and in multiples of Re. 1 thereafter
Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters
(Investments above the minimum amount mentioned, shall be made in multiples of Re.1)

SCHEME LABEL

Riskometer
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This product is suitable for investors who are seeking*

  • To replicate returns of IDBI Gold ETF with at least medium term horizon
  • Investment in units of IDBI Gold ETF / Money Market instruments / IDBI Liquid Fund scheme
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.