The investment objective of the scheme will be to generate returns in line with the
performance of gold, subject to tracking errors.
The scheme will allocate 95 to 100 per cent of assets in physical gold with medium risk profile. It would further allocate up to 5 per cent of assets in debt and money
market instruments with low to medium risk profile.
The minimum application amount will be Rs 6,000 and in multiples of
Rs. 2,000/- thereafter per application. The scheme will not any entry or
exit load. The scheme will be Satyabrata
Mohanty, Head - Mixed Assets. It will be benchmarked against domestic price of physical gold.