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6th April 2013 04:44 PM
Saksham
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
6th April 2013 11:20 AM
zaved zafari
IDBI Gold ETF NFO

Can you provide the information about the IDBI Gold Exchange Traded Fund NFO Price?

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