Investment Objective
Kotak Gold Fund aims to generate returns for its investors by investing in the units of Kotak Gold Exchange Traded Fund.
Investment Strategy
- The fund primarily invests in the units of Kotak Gold ETF. It may also allocate up to 5% of its assets in debt and money market instruments.
- The investment strategy of the fund is largely passive in nature.
- The fund aims to replicate the returns generated by the underlying ETF, with a deviation of not more than 2% on an annualized basis (net of recurring expenses). This deviation would mostly be on account of receipt of cash flows which currently takes 5 days as per current operational procedures.
Who Should Invest
- Investors having an investment horizon of medium to long term of 3 years and above.
- Those seeking returns in line with physical gold, subject to tracking error.
- Investors not having demat accounts but seeking to invest in Kotak Gold ETF.