Choice Mutual Fund introduces Gold ETF
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Choice Mutual Fund introduces the Choice Gold ETF, a new open-ended Exchange Traded Fund designed to replicate/track the domestic price of gold. The New Fund Offer (NFO) will be available for subscription from October 24, 2025 to October 31, 2025. There is no Entry Load, and the Exit Load is also nil. The minimum investment required is ₹1,000, with additional investments accepted in multiples of ₹1.
The scheme’s performance will be benchmarked against the domestic price of gold, with Rochan Pattnayak as the designated fund manager.
The primary objective of the scheme is to deliver returns that closely mirror the domestic gold price, before accounting for expenses and tracking errors, through strategic investments in physical gold and gold-related instruments.
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