VR Logo

The Golden Intentions

The Golden Intentions

Following are the gold funds with their investment details that are awaiting approval.

 

Gold Funds
         Gold Allocation (%)    
Fund        Gold / Gold ETFs    Gold Mining Cos through other Gold Funds    Allocation Strategy
Sundaram BNP Paribas Gold Plus   Scheme A   0 - 35   0 - 35   The scheme will invest 65 per cent or more of its assets in equity and equity related instruments in India. Not more than 15 per cent of assets will be in fixed income securities.
  Scheme B   0 - 50   0 - 50   The scheme will invest 50 per cent or more of its assets in equity and equity related instruments in India. Not more than 15 per cent of assets will be in fixed income securities.
  Scheme C   90 - 100   90 - 100   The scheme can invest upto 10 per cent of its assets in fixed income securities.
UTI Master Gold Fund       65 - 100   -   The fund will invest in one or more than one gold ETFs, and can be into money market instruments upto 35 per cent.
Reliance Gold Savings Fund       90 - 100   -   The fund will invest in one or more than one gold ETFs, and can be into debt or money market instruments upto 10 per cent.
IDFC World Gold Fund       30 - 100   0 - 60   Investments in global MFs that invest in gold related securities can go upto 60 per cent.
Kotak Gold Fund       90 - 100   -   The fund will invest in one or more than one gold ETFs, and can be into debt, money market and gilt instruments upto 10 per cent.
 

Also See:
Gold is Back in Favour!