October 17, 2024
mayank
Zerodha Gold ETF FoF details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Zerodha Gold ETF FoF Open Date, Close Date?
NFO opens on October 25, 2024
NFO will close on November 08, 2024
What is the Investment Strategy?
The scheme seeks to 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.
Basic Details
| Fund House | Zerodha Mutual Fund |
| Issue Open | 25 October 2024 |
| Issue Close | 08 November 2024 |
| Type | Open-ended |
| Category | Commodities: Gold |
| Min. Investment(Rs) | 500 |
| Plans | Growth |
| Lock-in Period | NA |
| Exit Load | 0 |
| Riskometer | High |
| Benchmark | Domestic Price of Gold |
What is the Benchmark Index of Zerodha Gold ETF FoF?
Traditionally, Gold has been used as money and also served as a relative standard for currency equivalents specific to economic regions or countries, until recent times. India continues to remain world’s second biggest consumer of Gold.
From an overall evaluation it is seen that India has a traditional and stable market for gold consumption. There is increase in demand from Ornamental and Electronic Sectors. Gold is considered a valuable asset, for investments and bank reserves. A huge gap exists between demand and indigenous production which is likely to continue
The market participants engaged in import, exports, domestic trading, and manufacturing of gold and gold jewelleries are exposed to price risk. Commodity derivatives product provide an effective hedging tool much to the advantage of market participants.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | – | – | – | – | – |
| Total Return | – | – | – | – | – |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | – | – | – |
| Beta (NIFTY 50) | – | – | – |
| Correlation (NIFTY 50) | – | – | – |
Study about Benchmark Index in details
Performance Review of the Fund Managers of Zerodha Gold ETF FoF?
1) Kedarnath Mirajkar
Education: Mr. Mirajkar has done PGDBM (Finance)
Experience: Prior to joining Zerodha Mutual Fund, he has worked with ABSL AMC, HDFC Bank as a Deupty Manager, Bombay Dyeing as a Finance Executive. He has over 10 years of experience in the Mutual Fund Industry.
Past Performance of his Schemes
As on 17-10-2024
2) Shyam Agarwal
Education: Mr. Agarwal has done B.Com
Experience: Prior to joining Zerodha Mutual Fund, he has worked with Smallcase, True Beacon, Xavierian Debating Society, The Economic Transcript
Past Performance of his Schemes
As on 17-10-2024
Which Company Owns Zerodha Gold ETF FoF?
Zerodha Asset Management Private Ltd.
Address: 153/154, 4th Cross, J.P Nagar 4th Phase, Opp. Clarence Public School, Bengaluru – 560078
Website: http://www.sundarammutual.com
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in Zerodha Gold ETF Fund of Fund NFO?
Guidance for Zerodha Gold ETF FoF by Paresh Gordhandas, C.A., Research Analyst.
Will Post Soon
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