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UTI Gold ETF is an open-ended exchange traded fund scheme that tracks the domestic price of Gold.
UTI Gold ETF is an open-ended exchange traded fund scheme that tracks the domestic price of Gold. The scheme invests in physical gold bullions of 99.5% purity, LBMA cerified 1 kg gold bars. The scheme uses a passive approach to try and achieve the objectives of the scheme
Not Applicable
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Not Applicable
Gold bullion and Gold Related Instruments #: 95-100% (Medium) Money Market instruments and other debt securities: 0-5% (Low) #Gold related instruments that may be permitted by SEBI from time to time
The investment objective of the fund is to endeavour to provide returns that, before expenses, closely track the performance and yield of Gold. However, the performance of the scheme may differ from that of the underlying asset due to tracking error. There can be no assurance or guarantee that the investment objective of the UTI Gold ETF will be achieved.
Gold ETF
An open ended scheme replicating / tracking Gold
UTI Gold ETF is an open ended scheme replicating / tracking Gold with a investment objective of the fund is to endeavour to provide returns that, before expenses, closely track the performance and yield of Gold. However, the performance of the scheme may differ from that of the underlying asset due to tracking error. There can be no assurance or guarantee that the investment objective of the UTI Gold ETF will be achieved.
This product is suitable for investors who are seeking*:
- Returns that, before expenses of the Scheme, closely track the performance and yield of Gold.
- Investment predominantly in gold and gold related instruments.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
This Product is suitable for investors who are seeking*:
- Returns that, before expenses of the Scheme, closely track the performance and yield of Gold
- Investment predominantly in gold and gold related instruments
UTI Gold ETF is an open-ended exchange traded fund scheme that tracks the domestic price of Gold
An Exchange Traded Fund (ETF) is type of mutual fund scheme which is traded on the stock exchanges like NSE and/or BSE. It is a combination of mutual funds and stocks. It gives benefit of diversification like mutual fund schemes and tradability of units like stocks.
The investment objective of UTI Gold ETF to provide returns that, before expenses, closely track the performance and yield of Gold. UTI Gold ETF helps in getting allocation to Gold in transparent, safe and low cost manner.
UTI Gold ETF gives the exposure to 995 purity of gold subject to mentioned asset allocation. Units are provided in demat form thus are considered to be relatively more secure than physical gold. UTI Gold ETFs are traded on NSE and BSE at a transparent prices. Thus, investors looking for investing in Gold as an asset class may consider UTI Gold ETF
Form taxation point, UTI Gold ETF is debt oriented scheme. Thus, taxation applicable to debt mutual fund schemes will be applicable to UTI Gold ETF.
Investing in UTI Gold ETF is very simple. Investors may approach the stock brokers where they are holding their trading account and buy or sell units of UTI Gold ETFs similar to the way they buy or sell any NSE or BSE listed securities.