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Invest in Gold Exchange Traded Fund (ETF) by ICICI Prudential Mutual Fund

ICICI Prudential Gold ETF

A good opportunity to diversify your portfolio

Schemes - ICICI Prudential Gold ETF

  • Real Time NAV

  • Closing NAV

     

Investment Philosophy

  • 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 Features

  • Diversification across asset classes: Investing in gold can be a way of balancing and diversifying your existing portfolio.

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.

Who should invest?

  • 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.
Scheme Features
Type An open ended exchange traded fund replicating domestic prices of gold
Underlying Physical Gold
ISIN INF109KC1NT3
NSE Symbol & BSE Scrip ID ICICIGOLD
BSE Scrip Code 533244/GOLD
Pricing Approx. 0.01 gram of gold
Application size - Directly with AMC 1,00,000 units & in multiple thereof
Application size through NSE & BSE 1 Unit & in multiple thereof
Entry Load Not Applicable
Exit Load Nil
Authorized Participant

    1. M/s PARSHWA PRISM GEMS AND JEWELLERY LTD.
    810, 8th Floor, Aurum Mall, 18/22 Sheikh Menon Street, Zaveri Bazar, Mumbai - 400 003
    2. SUPAMA COMMODITIES LTD
    Bullion House, 115, Tambakata Lane, Opp Dagina Bazaar, Pydhonie, Mumbai- 400 003
    3. JIGAR COMMODITIES & DERIVATIVES PVT LTD.
    Office No 141, Centre Point, Somnath, Daman Diu, Pincode- 396210.

Fund Manager

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

This Product is suitable for investors who are seeking*:

  • Long term wealth creation solution
  • A Gold exchange traded fund that seeks to provide investment returns that closely track domestic prices of Gold, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Disclaimer by the National Stock Exchange of India Limited: It is to be distinctly understood that the permission given by National Stock Exchange of India Limited (NSE) should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the ‘Disclaimer Clause of NSE’.


Disclaimer by the BSE Limited: It is to be distinctly understood that the permission given by BSE Limited should not in any way be deemed or construed that the SID has been cleared or approved by BSE Limited nor does it certify the correctness or completeness of any of the contents of the SID. The investors are advised to refer to the SID for the full text of the Disclaimer Clause of the BSE Limited.


Mutual Fund investments are subject to market risks, read all scheme related documents carefully.