|Min SIP Amount||Not Supported|
|NAV||₹430.41 (13 Jul 2020)|
|Fund Started||27 Jul 2007|
|Fund Size||₹1,116 Cr|
|GOLD - BULLION||Miscellaneous||Gold||99.7%|
|Current Assets||Current Assets||Current Assets||0.3%|
Kotak Gold Exchange Traded Fund is a Others Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was made available to investors on 27 Jul 2007. Abhishek Bisen is the Current Fund Manager of Kotak Gold Exchange Traded Fund fund.The fund currently has an Asset Under Management(AUM) of ₹1,116 Cr and the Latest NAV as of 13 Jul 2020 is ₹430.41.
The Kotak Gold Exchange Traded Fund is rated Moderately High risk. Minimum SIP Investment is set to 1.
The investment objective of the scheme is to generate returns that are in linewith the returns on investment in physical gold, subject to tracking errors.
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.