HDFC Gold ETF

Fund Facts:

Fund Name:  HDFC Mutual Fund-HDFC Gold Exchange Traded Fund

ISIN:  INF179K01CN1

NSE Symbol:  HDFCMFGETF

BSE Scrip ID: HDFCMFGETF

BSE Scrip Code: 533230

Face Value:  100

Fund Launch Date: July 2010

AMC: HDFC Asset Management Company

Exchanges for Trading: NSE and BSE

Fund Manager: Anil Bamboli

Scheme Type: Open ended Exchange Traded Fund

Benchmark: Domestic price of physical Gold

Can Distribute Dividends?: Yes

Total Net Assets: Rs 277.69 Crore as on Apr 30, 2011

Registrar: CAMS

Fees/Charges:

Entry Load: No entry load as per SEBI rules.

Exit Load: No exit load as the fund house doesn’t involve in redemptions. An investor can sell it on the exchange. Only brokerage charges are applicable.

Recurring Expenses (Total Expense Ratio): 2.50%

Other Details:

Minimum Investment: 1 Unit of HDFCMFGETF on NSE and BSE

Lock in period: Nill

NAV announcement frequency: Every business day

Sell/Redemption proceeds: within 10 working days

Latest price of the Unit: HDFC Gold ETF Price

Investment Strategy:

As per HDFC’s scheme information document:

The investment objective of the Scheme is to generate returns that are in line with the performance of gold, subject to tracking errors. The Scheme would invest in gold in the domestic market and intends to track the spot price of gold in the domestic market. The Scheme also may engage in gold lending, and /or deposit gold with banks in return for fees as and when permitted by SEBI. The Scheme will also invest in debt and money market securities in order to meet the liquidity requirements.

Though every endeavor will be made to achieve the objectives of the Scheme, the AMC/Sponsors/Trustees do not guarantee that the investment objectives of the Scheme will be achieved. No guaranteed returns are being offered under the Scheme.

Investment Style:

Type of Asset Minimum Investment % Maximum Investment % Risk Profile
Gold Bullion 90 100 Medium to High
Bonds and Money Market instruments 0 10 Low

Performance of the fund:

Performance in last 6 months 8.8083 %
Performance since inception 30.17%

NB: Performance is based on NAVs as of May 13th 2011

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Related posts:

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  2. Gold ETFs list – Gold ETF funds list in India
  3. Things to consider before choosing a gold ETF
  4. How to Invest in Gold ETFs Online

{ 16 comments… read them below or add one }

n.tamilselvan May 19, 2011 at 10:35 am

dear sir ,i want to invest inhdfc etf. kindly advice thanking you .

Reply

Sathish Emmadi May 19, 2011 at 2:51 pm

Hi Tamilselvan,

If you have a demat account, you can buy a gold ETF on your own. If you don’t know how to trade please contact your broker.

If you do not have a demat account, please open an account first.

Reply

n.tamilselvan May 19, 2011 at 10:38 am

send it

Reply

Sandeep August 10, 2011 at 10:52 am

Dear Sir,
I want to invest in HDFC ETF please Advise……

Reply

Sathish Emmadi August 10, 2011 at 5:06 pm

Hi Sandeep,

It’s just like buying a share. Login to your trading account and search for HDFC Gold ETF and place an order similar to a stock.

Reply

Manoj October 24, 2011 at 7:01 am

Hi,

I have an online share trading account with sharekhan. Can I invest in Gold ETF. Pls advice

Reply

rakesh bishnoi November 18, 2011 at 4:16 pm

hi
i want to invest in hdfc gold etf fund . i have dmat account of hdfc so pls guide me about this and also tell . how much min. & max. i can invest in this fund and how much return i can get?

Reply

perumal November 23, 2011 at 11:36 am

details on best gold etf/ silver etf/copper etf

Reply

perumal November 23, 2011 at 11:37 am

best gold etf

Reply

Sathish Emmadi December 3, 2011 at 2:57 pm

Hi Perumal,

At present only Gold ETFs are available in India in commodity segment. SEBI may consider giving a green signal for Silver and Copper ETFs in the coming years.

Reply

Sathish Emmadi December 3, 2011 at 3:00 pm

Hi Manoj,

Yes, you can invest in HDFC gold ETF through sharekhan. Just search for the ETF in the stock names and place a buy order just like a stock.

Hi others,

If you know exact code of HDFC gold ETF in sharekhan please share it here.

Reply

Sathish Emmadi December 3, 2011 at 3:03 pm

Hi Rakesh,

1. Minimum investment is 1 Gram of Gold (equivalent to 1 Unit of HDFC gold ETF).

2. Unless you have crores of money, maximum is not a criteria for small investors like us.

3. Returns depend on price of gold. Nobody can give you a guarantee on returns.

Reply

Raj April 2, 2012 at 8:18 am

Sir,

I like to invest money in gold etf , I dont have demat account , Can u pls guide which is best , and when is the right time to buy the gold .

Reply

umesh kumar April 23, 2012 at 8:38 am

how to invest in hdfc, icici etf gold; presently i have no demet acount.is demetA/C neceserry to invest in ETF gold fund

Reply

Rahul Jain July 15, 2012 at 8:03 am

Hi ,this is Rahul ,want to invest only in gold etf ,don’t have dmat a/c ,& donot want to open also, I have heard abt gold etf through SIP ,so what is the major benefit if I will go for gold ETF through SIP . & which is best one ?
Plz provide your advice ..
thanks .
Rahul

Reply

ramakrishnan January 2, 2013 at 2:19 pm

i would like to invest in gold etf or silver etf, if available. i have a trading a/c with indiabulls. can i use this a/c? which is the best etf in india in terms of brokerage, expense, etc? is price of one unit same in all etfs? does it relate to market rate on a particular day?
can i buy and sell online like shares/stocks?

Reply

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