| Launch date | 10 Feb 2025 |
| Allotment date | 28 Feb 2025 |
| End date | 24 Feb 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.29%
Inclusive of GST
Exit load
Exit load of 1%, if redeemed within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within two years, returns are taxed as per your Income Tax slab. If you redeem after two years, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Vinod MalviyaFeb 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #27 in India |
|---|---|
| Total AUM | ₹26,541.09Cr |
| Date of Incorporation | 30 Dec 2009 |
|---|
Union Gold ETF FoF Direct Growth is a Commodities Mutual Fund Scheme launched by Union Mutual Fund. This scheme was made available to investors on 30 Dec 2009. Vinod Malviya is the Current Fund Manager of Union Gold ETF FoF Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹26,541 Cr and the Latest NAV as of 19 Dec 2025 is ₹15.12. The Union Gold ETF FoF Direct Growth is rated High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. Exit load of 1%, if redeemed within 1 year. ;
Investment Objective
The scheme is to generate long-term capital appreciation by investing in units of Union Gold ETF. ;
| Fund benchmark | Domestic Price of Gold |
|---|