Kotak Gold Exchange Traded Fund is a Others Mutual Fund Scheme launched by Kotak Mahindra Mutual Fund. This scheme was introduced to investors on 27 Jul 2007. Abhishek Bisen is the Current Fund Manager of Kotak Gold Exchange Traded Fund.The fund currently has an Asset Under Management(AUM) of ₹394 Cr and the Latest NAV as of 20 Aug 2019 is ₹343.8.
The Kotak Gold Exchange Traded Fund is rated Moderately High risk. Minimum SIP Investment is 1. Nil.
Investment Objective
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.
Tax Implications
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.
Scheme Information Document(SID)
Not Supported
Min for First Investment
Not Supported
Min for Second Investment