MIRAE ASSET
GOLD ETF (NSE Symbol : GOLDETF&, BSE Code: 543781)
(An open-ended scheme replicating/tracking Domestic Price of Gold)
| Type of Scheme | An open-ended scheme replicating/tracking Domestic Price of Gold |
| Investment Objective | To generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. The Scheme does not guarantee or assure any returns. |
Fund Manager** |
Mr. Ritesh Patel (since February 20, 2023) Mr. Akshay Udeshi (Co-fund manager)## - (since August 28, 2023) |
| Allotment Date | 20th February 2023 |
| Benchmark Index | Domestic Prices of Gold (INR) |
| Minimum Investment Amount^ |
Market Maker: Application for subscription of Units directly with the Fund in Creation Unit Size at NAV based prices in exchange of Portfolio Deposit and Cash Component. Large Investors: Minimum amount of ₹25 crores for transacting directly with the AMC. Other investors (including Market Maker, Large Investors and Regulated Entities): Units of the Scheme can be subscribed (in lots of 1 Unit) during the trading hours on all trading days on the NSE and BSE on which the Units are listed. On exchange In multiple of 1 units Directly with AMC In multiple of 1,10,000 units |
Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) |
NA |
| Load Structure | Entry load: NA Exit load: NIL |
| Plans Available Options Available |
The Scheme does not offer any Plans/Options for investment |
| Monthly Average AUM (₹ Cr.) as on September 29, 2023 | 16.65 |
| Net AUM (₹ Cr.) | 16.84 |
| Tracking Error Value~ ~1 Year Tracking Error is |
0.43% |
| Monthly Total Expense Ratio (Including Statutory Levies) as on September 29, 2023 | 0.34% |
| **For experience of Fund Managers Click Here | |
| ##As per notice cum addendum no. 43/2023 fund manager of the scheme has changed. Please visit the website for more details: https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum | |
| ^The said threshold limit shall not be applicable to the below mentioned investors and the AMC will allow direct transactions in ETF in Creation Unit size for below mentioned category of investors until October 31, 2023:- 1. Schemes managed by Employee Provident Fund Organisation, India. 2. Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961. |
|
| ₹ 57.5456 (Per Unit) |
Augmont Enterprises Private Limited
Parshwa Prism Gems and Jewellery Limited
Raksha Bullion
Parwati Capital Market Private Limited
| Portfolio Holdings | % Allocation |
| Gold | |
| Gold | 95.57% |
| Gold Total | 95.57% |
| TREPS / Reverse Repo | |
| TREPS / Reverse Repo | 2.99% |
| Net Receivables / (Payables) | 1.43% |
| Cash & Other Receivables Total | 4.43% |
| Total | 100.00% |
| Returns (in%) | ||||
| 6 Months (Annualized) | SI (Annualized) | |||
| GOLDETF | -6.42% |
2.98% |
||
| Scheme Benchmark* | -6.62% |
4.19% |
||
| NAV as on 29th September, 2023 | ₹ 57.5456 | |||
| Index Value (29th September, 2023) | Index Value of benchmark is 57,60,064.52 |
|||
| Allotment Date | 20th Feb, 2023 | |||
| Scheme Benchmark | *Domestic Prices of Gold (INR) | |||
Fund manager : Mr. Ritesh Patel & Mr. Akshay Udeshi (Co-Fund Manager) managing the scheme since 20th February, 2023 & (w.e.f August 28, 2023).
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Latest available NAV has been taken for return calculation wherever applicable
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 22.3050. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
This product is suitable for investors who are seeking*
• Returns in-line with physical gold over medium to long-term, subject to tracking errors
• Investments in physical gold of 99.5% purity (fineness)
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Live iNav is updated on Mirae Asset Mutual Fund website
NSE Symbol :GOLDETF
BSE Code:543781
Bloomberg Code:GOLDETF IN Equity
Reuters Code: MIRA.NS