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Gold ETF
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The Scheme
Kotak Gold ETF (KGEFT)
Structure
An Open ended Exchange Traded Fund.
Investment Objective
The investment objective of the scheme is to generate returns that are in line with the returns on investment in physical gold, subject to tracking error.
Investment In
The Fund would invest in gold, and endeavor to track the spot price of gold. The Fund would invest all the residual funds after investing in gold, in debt and money market instruments.
Fund Manager Mr. Abhishek Bisen.
Exchange Trded
Bombay Stock Exchange & National Stock Exchange.
Pricing per unit
1 unit of Kotak Gold ETF is approximately 1 gram of Gold.
Minimum Investment
1 unit.
Creation size
1,000 units & in multiples thereof.
Benchmark
Domestic price of gold.
Allotment Date
July 27, 2007
Exchange Symbol
KOTAKGOLD
ISIN
INF373I01015
Bloomberg Code
KOGOLD
Reuters Code
KTGF.NS
 
     
 

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