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Company |
IDBI Asset Management Ltd. |
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Scheme |
IDBI Gold ETF |
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NFO Opens on |
19-Oct-11 |
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NFO Closes on |
2-Nov-11 |
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Minimum Investment |
Rs. 10000 |
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Initial Offer Price |
Rs.10 |
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About |
An Open Ended Gold Exchange Traded Fund Scheme will invest in 95-100% in Physical Gold and track Gold prices, 0-5% Debt & Money Market Instruments |
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Objective |
To invest in physical Gold and Gold related instruments with the objective to replicate the performance of Gold in domestic prices. The ETF will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Fund and the underlying asset |
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To Download Forms |
click below |
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For Lumsum Investment |
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Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. For more details about the scheme features and risk factors refer respective Scheme Information Documents of the Scheme(s) available on the Mutual Fund company website |
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