| KOTAK GOLD ETF
An open-ended scheme replicating/ tracking physical gold prices
• NSE Symbol - KOTAKGOLD
• BSE Scrip Code - 590097
| KOTAK GOLD ETF
An open-ended scheme replicating/ tracking physical gold prices
• NSE Symbol - KOTAKGOLD
• BSE Scrip Code - 590097

      

      
Investment Objective
The investment objective of the scheme is to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. The Scheme may also participate in gold related instruments. Exchange Traded Commodity Derivatives (ETCDs) having gold as the underlying shall be considered as gold related instrument for gold ETFs. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

The investment objective of the scheme is to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. The Scheme may also participate in gold related instruments. Exchange Traded Commodity Derivatives (ETCDs) having gold as the underlying shall be considered as gold related instrument for gold ETFs. There is no assurance or guarantee that the investment objective of the scheme would be achieved.

Instrument/Industry/
Issuer
% to Net
Assets

Equity & Equity Related
Gold
Gold 1 Kg Fineness 0.995 96.22
Equity & Equity related- Total 96.22
Futures
GOLD EQ-JUN2024 1.81
Futures (Market value represents Notional Value) - Total 1.81
Triparty Repo 1.63
Net Current Assets/(Liabilities) 0.34
Grand Total 100.00

Net Asset Value (NAV)
Regular
IDCW Rs57.1160
(as on March 28, 2024)

Available Plans/Options

The Scheme does not offer any Plans/Options for investment.


Fund Manager* Mr. Abhishek Bisen &
Mr. Jeetu Valechha Sonar
BenchmarkPrice of Gold
Allotment dateJuly 27, 2007
AAUMRs3,574.71 crs
AUMRs3,732.92 crs
Folio count4,10,197


Minimum Investment Amount

Through Exchange:1 Unit,
Through AMC: 115000 Units and in
multiple thereof.
Greater than Rs. 25 Crore- For Large Investors***

Ideal Investments Horizon

• 5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load:If redeemed or switched out on or before completion of 15 days from the date of allotment of units – 1.00%. If redeemed or switched out after completion of 15 days from the date of allotment of units – NIL Redemption of units would be done on First in First out Basis (FIFO). Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. No exit load will be chargeable in case of switches made between different options of the scheme. The AMC/Trustee reserves the right to change / modify the Load structure of the Scheme, subject to maximum limits as prescribed under the Regulations

Ratios
Portfolio Turnover: 20.68%
Tracking Error 0.33

Total Expense Ratio**
Regular Plan: 0.55%

Data as on 31st March, 2024 unless otherwise specified.

Fund


Benchmark


This product is suitable for investors who are seeking*:
  • Returns in line with physical gold over medium to long term, subject to tracking error
  • Investment in physical gold

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 31st March, 2024. An addendum may be issued or updated on the website for new riskometer.


***Not applicable to Recognised Provident Funds, approved gratuity funds and approved superannuation funds under Income tax act, 1961, Schemes managed by Employee Provident Fund Organisation, India and Market Makers' as per SEBI circular no. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23,2022 and as amended from time to time & SEBI letter no. SEBI/HOIMD/IMD-PoD-2/P/OW/2023/176441 dated April 28,2023.
**Total Expense Ratio includes applicable B30 fee and GST.
* For Fund Manager experience, please refer 'Our Fund Managers'
For scheme performance, please refer 'Scheme Performances'