Nippon India ETF Gold BeES is a Others Mutual Fund Scheme launched by Reliance Mutual Fund. This scheme was introduced to investors on 08 Mar 2007. Payal Kaipunjal is the Current Fund Manager of Nippon India ETF Gold BeES.The fund currently has an Asset Under Management(AUM) of ₹2,793 Cr and the Latest NAV as of 23 Jan 2020 is ₹35.34.
The Nippon India ETF Gold BeES is rated Moderately High risk. Nil.
Investment Objective
The investment objective of Gold Benchmark Exchange Traded Scheme (Gold BeES) is to provide returns that, before expenses, closely correspond to the returns provided by domestic price of gold through physical Gold.However, the performance of Scheme may differ from that of the domesticprices of Gold due to expenses and certain other factors. There can be noassurance or guarantee that the investment objective of Gold BeES will beachieved.
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