Union Mutual Fund launches Union Gold ETF

NFO period: 10^th February – 17^th February, 2025

Highlights of the NFO:

• Scheme type - An open-ended scheme replicating/tracking Domestic Prices of Gold


• Investment objective – The investment objective of the scheme is to generate returns corresponding to the domestic prices of physical gold before expenses, by investing in physical gold, subject to tracking error. However, there is no assurance that the Investment Objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking capital appreciation over long term returns that are in line with the performance of physical gold in terms of domestic prices, subject to tracking errors.


• Minimum Application Amount – First investment is Rs. 1,000/- and in multiples of Rs. 1/- thereafter


• Plan/ Options available – Currently, there are no investment Plans/Options being offered under the scheme.


• Fund Managers – Mr. Vinod Malviya


• Benchmark – Domestic Price of Physical Gold