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The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the Scheme will be achieved.
An open-ended Fund of Fund scheme investing in Mirae Asset Gold ETF.
Mr. Ritesh Patel
Mr. Sudip Shere
Domestic price of physical Gold
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Click here to view the latest TER.
Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme.
Recommended Investment Horizon
3+ Years
Physical replication of Domestic Gold price

Wealth Creation

Product Labelling for Mirae Asset Gold ETF Fund of Fund. The fund is suitable for investors who are seeking investments predominantly in units of Mirae Asset Gold ETF, to generate long-term capital appreciation/income. Investors should consult their financial advisors if they are not clear about the suitability of the product. The Scheme Riskometer shows that the risk of the scheme is Very High. The riskometer is a semicircular gauge divided into six color-coded zones: Low Risk (dark green), Low to Moderate Risk (light green), Moderate Risk (yellow), Moderately High Risk (brown), High Risk (orange) and Very High Risk (red). The needle of the scheme riskometer points to the Very High Risk zone. The Scheme Benchmark is the Domestic Price of Physical Gold. The Benchmark Riskometer has its needle pointing to the High Risk zone, which shows that the risk of the benchmark is High.
The Product Labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
Disclaimers & Footer
For Mirae Asset Gold ETF Fund of Fund: Investors may note that they will bear recurring expenses of the underlying scheme in addition to the expenses of this scheme.
Statutory Details: Trustee: Mirae Asset Trustee Company Private Limited; Investment Manager: Mirae Asset Investment Managers (India) Private Limited (AMC); Sponsor: Mirae Asset Global Investments Company Limited. The information contained in this document is compiled from third party and publicly available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields. Views expressed by the Fund Manager cannot be construed to be a decision to invest. The statements contained herein are based on current views and involve known and unknown risks and uncertainties. Whilst Mirae Asset Investment Managers (India) Private Limited (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information. The AMC, its associate or sponsors or group companies, its Directors or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible / liable for any decision taken on the basis of information contained herein. Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant to understand the specific legal, tax or financial implications.
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If Inflation rate is selected then
futureValue = Future value considering the inflation rate
else
Calculate on current value.
SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));
Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year
For more details, please visit the AMFI website
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