Reliance Gold ETF

Reliance Gold ETF

Reliance Gold Exchange Traded Fund (ETF) is launched in Novemner 2007. With more than 3 years on the stock exchanges it could manage a good market share. Recently it came up with a gold savings scheme to enable investors with no demat account to invest in gold ETFs. The gold savings fund would gather money from general public just like any other open ended mutual fund and invest in this gold ETF. Since gold savings fund is a success the inflows in to the reliance gold ETF fund too increased!

reliance gold etf

Please find below full details about the Reliance Gold ETF.

Fund Facts:

Fund Name:  Reliance Mutual Fund – Gold Exchange Traded Fund

ISIN:  INF733I01010

NSE Symbol:  RELGOLD

BSE Scrip ID: RELGOLD

BSE Scrip Code: 590100

Face Value:  100

Fund Launch Date: November 2007

AMC: Reliance Capital Asset Management Ltd.

Exchanges for Trading: NSE and BSE

Fund Manager: Mr. Hiren Chandaria

Scheme Type: Open ended Exchange Traded Fund

Benchmark: Domestic price of physical Gold

Can Distribute Dividends?: Yes

Registrar: Karvy Computershare Pvt. Ltd.

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): 2.5%

Other Details:

Minimum Investment: 1 Unit of RELGOLD on NSE and BSE

Lock in period: Nill

NAV announcement frequency: Every business day

Latest price of the Unit: Reliance GOLD ETF Latest Price

Investment Objective:

As per Reliance Gold ETF’s SID,

The investment objective is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, the performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors.

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 10.14%
Performance in last 1 year 21.35%
Performance since inception 23.44%

NB: Performance is based on NAVs as of May 25th 2011

Figures for more than one year are annualized.

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Related posts:

  1. Reliance Gold Savings Fund – Is it a Best Bet?
  2. Axis Gold ETF
  3. Kotak Gold ETF
  4. HDFC Gold ETF
  5. BeES Gold ETF

{ 7 comments… read them below or add one }

tony singh September 24, 2011 at 2:14 pm

sir/mam,
i want to invest in reliance gold etf, but before that i need sum clearifications. can any one from ur side can call me try to help me?

thds
tony singh

Reply

bn joshi September 27, 2011 at 2:00 pm

hiii

Reply

Sathish Emmadi September 28, 2011 at 4:24 pm

Hi Tony,

We just provide information about gold etf funds don’t facilitate buying/selling. Please contact reliance mutual funds.

Reply

BHAGWAN DASS BHATIA October 29, 2011 at 5:28 am

I want to invest amount regularly in ETF Gold Fund and wanted to know the procedure etc. i.e. which is the best for investment i.e. Reliance , HDFC or SBI.

Reply

Sathish Emmadi December 3, 2011 at 3:24 pm

Hi Bhagvan,

If you want to invest in Gold regularly, gold savings fund may suit you better. You can choose after reading the below article.

http://www.goldetf-funds.com/best-gold-etf-in-india

Reply

Amit Krishnan February 22, 2012 at 12:02 pm

Is there any investment option like dividend, growth. reinvestment are available in gold ETF. AT THE TIME OF REDEMPTION AT WHAT RATE IT WILL DONE TO THE INVESTOR.

Reply

Mythili April 19, 2012 at 10:54 am

Dear Sir,

pls send your mobile no to proceed further…

Regards,

Mythili

Reply

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