|Min SIP Amount||Not Supported|
|NAV||₹430.70 (21 Jan 2021)|
|Fund Started||27 Jul 2007|
|Fund Size||₹1,591 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 ₹1,591 Cr and the Latest NAV as of 21 Jan 2021 is ₹430.70.
The Kotak Gold Exchange Traded Fund is rated Moderately High risk. Minimum SIP Investment is set to 1.
The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold in domestic market. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors.
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.