| Launch date | 16 Oct 2024 |
| Allotment date | 25 Oct 2024 |
| End date | 22 Oct 2024 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.09%
Inclusive of GST
Exit load
Exit load of 0.50%, if redeemed within 3 months.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹99 |
Fund management
Ritesh PatelOct 2024 - PresentView details
Akshay UdeshiOct 2024 - PresentView details
Fund house & investment objective
| Rank (total assets) | #13 in India |
|---|---|
| Total AUM | ₹1,81,758.25Cr |
| Date of Incorporation | 30 Nov 2007 |
|---|
Mirae Asset Gold ETF FoF Direct Growth is a Commodities Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Ritesh Patel is the Current Fund Manager of Mirae Asset Gold ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,81,758 Cr and the Latest NAV as of 13 Dec 2024 is ₹9.89. The Mirae Asset Gold ETF FoF Direct Growth is rated High risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000. Exit load of 0.50%, if redeemed within 3 months. ;
Investment Objective
The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the scheme will be achieved. ;
| Fund benchmark | Domestic Price of Gold |
|---|