ICICI Prudential Gold iWIN ETF

Investment Objective

  • The scheme directly invests in physical gold and instruments with gold as underlying.
  • It is passively managed and closely tracks domestic gold prices derived from the London Bullion Market’s AM prices.
  • The scheme does not engage in any activities designed to obtain a profit from, or to limit losses, caused by changes in the price of gold.

Key Benefits

  • Affordable: The cost of investing in the scheme is much lower than buying, storing and insuring physical gold. Through the scheme, gold can be bought and sold in small quantities - as low as 1 unit of the scheme (approximately equivalent to 1/10th gram of gold).
  • Liquidity: Unlike jewellery, coins or bars, units of this scheme can be liquidated (depending on market volume) as per requirement of the investor.
  • Reliable: The scheme aims to purchase gold of 99.5% purity or higher.
  • Diversification: Adding gold to your investment portfolio can be a good way of diversification as generally it has been observed that gold is capable of outperforming whenever the equity market underperforms.

This product is suitable for investors who are seeking* :

  • Investors looking to invest in gold in a cost-efficient manner.
  • Investors aiming for liquidity or the capability to convert their investment into cash easily.
  • Investors seeking to create wealth over the long term.

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

Key Features


Open-ended Exchange Traded Fund



Default Option

Dividend Reinvestment

Application Amount

Rs.5000 (plus in multiples of Rs.1)

Min. Additional Investment

Rs.1000 (plus in multiples of Re.1)

Entry Load

Not Applicable

Exit Load


Minimum Redemption Amt.

Rs.500 (plus in multiples of Re.1)

Systematic Investment Plan

Not Available

Systematic Transfer Plan

Systematic Withdrawal Plan

Not Available

Fund Manager

Manish Banthia - Managing this fund since September 2012 and overall 13 years of experience