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#1
6th April 2013, 11:20 AM
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 IDBI Gold ETF NFO   |
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#2
6th April 2013, 04:44 PM
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| Re: IDBI Gold ETF NFO
You want to get infroamtion of IDBI Gold Exchange Traded Fund. So I am providing information about the IDBI Gold Exchange Traded Fund. It is an open ended gold exchange traded scheme. The scheme tracks the price of gold in the domestic market. Advantages: Pure and Secure No risk of holding physical stock Affordable Liquidity Lower cost Tax efficient NFO Price The NFO Price is Rs. 100 for cash at a premium equivalent to the difference between the allotment price and face value of Rs. 100/-each. The allotment price would be approximately equal to the price of 1 gram of gold. Asset Allocation Instrument Indicative Allocation Risk Profile Minimum Maximum Physical Gold 95% 100% Medium Debt & Money Market Instrument 0% 5% Low to Medium |
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