Kotak Gold ETF
GOLD1
₹64.95-₹0.52 (-0.79%) TodayLast updated on 11 Nov, 2024 | 15:29 IST
Kotak Gold ETF Chart
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Fund overview
About
Open ₹65.35 | Close ₹65.47 | Volume 3,62,241 | Avg. traded ₹65.06 |
Circuit range ₹51.89 - ₹77.84 | Day range ₹64.91 - ₹65.44 | Year range ₹51.16 - ₹68.45 | |
AUM ₹4,912.00 Cr | ManagersAbhishek Bisen, +1 more | Launch Date 27 Jul 2007 |
Kotak Gold ETF
About Kotak Gold ETF
- Kotak Gold ETF is an open-ended exchange-traded fund that invests directly in physical gold, aiming to mirror the domestic spot price of gold.
- The scheme is offered by the Kotak Mutual Fund House.
- The Kotak Gold ETF is listed on the NSE under the exchange symbol KOTAKGOLD.
- Each unit in this scheme is approximately equal to 1/115th of a gram of gold. It is listed on stock exchanges and available for trading in demat form.
- Physical gold held with the custodian, Deutsche Bank, serves as the basis for the scheme's units.
- Deutsche Bank complies with the London Bullion Market Association's (LBMA) good delivery standards for all physical gold it owns.
- The Assets Under Management (AUM) for the Kotak Gold ETF, as of June 30, 2024, stands at ₹4,166 crore.
- The fund has been managed by Abhishek Bisen since April 15, 2008. On February 28, 2022, Jeetu Valechha Sonar joined the fund’s management team.
- Trading in the ETF can be done during the usual market hours.
- One can invest in the ETF by buying its units directly through a demat account with a registered broker.
Investment Objective & Benchmark
- The benchmark for the Kotak Gold ETF is the domestic price of physical gold.
- The scheme’s investment goal is to provide returns that closely resemble the performance of actual gold.
- The scheme accomplishes its investment objective by considering possible tracking errors, ensuring that the returns reflect changes in gold prices as accurately as possible.
- The minimum investment amount for the Kotak Gold ETF is one unit when investing through an exchange.
- The ideal investment horizon for this ETF is five years or more.
- This product is appropriate for investors looking for medium and long-term returns consistent with actual gold.
- It is also suitable for people who want to invest in actual gold, known for offering stable growth
- It is categorised as a high-risk investment.
Asset Allocation & Portfolio Composition
- The Kotak Gold ETF’s portfolio’s sector allocation includes 96.35% in gold and 1.72% in futures.
The Kotak Gold ETF’s asset allocation as of the latest update stands at:
- Gold: 96.35% of net assets, comprising gold with a fineness of 0.995.
- Futures (GOLD EQ-AUG2024): 1.72%, with the market value representing the notional value.
- Triparty Repo: 2.78%.
As of July 27, 2024, the Kotak Gold ETF has delivered a CAGR of 11.74% since inception.
The ETF has delivered a return of 14.86 % in the last year compared to the benchmark’s -0.26% yield.
Key indicators
Tracking index Price of Gold |
Expense Ratio0.55% |
Tracking error NA |
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Investment checklist: (3/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
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Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
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Kotak Gold ETF Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 8 2024 | ₹65.21 | ₹65.47 | |
Thu, Nov 7 2024 | ₹65.30 | ₹64.81 | -1.92% |
Wed, Nov 6 2024 | ₹66.11 | ₹66.08 | -0.59% |
Tue, Nov 5 2024 | ₹66.12 | ₹66.47 | |
Mon, Nov 4 2024 | ₹66.98 | ₹66.37 | -0.91% |
Fri, Nov 1 2024 | ₹67.25 | ₹66.98 | -0.40% |
Thu, Oct 31 2024 | ₹67.99 | ₹67.25 | -0.12% |
Wed, Oct 30 2024 | ₹67.80 | ₹67.33 |
Composition
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Frequently asked questions
What is the Kotak Gold ETF share price today?
Kotak Gold ETF share price is ₹ 64.95 today.
What is today’s high & low share price of Kotak Gold ETF?
Kotak Gold ETF share price high: ₹ 65.44 and low: ₹ 64.91
What is Assets Under Management (AUM) of Kotak Gold ETF shares today on the NSE?
Kotak Gold ETF Assets Under Management (AUM) of ₹ 4,912.00 Crores.
What is the Kotak Gold ETF share price high and low in the last 52 weeks on the NSE?
52 Week share High Price is ₹ 68.45 and Low Price is ₹ 51.16
What is the Kotak Gold ETF Stock Symbol?
The Kotak Gold ETF Stock symbol is GOLD1.
Can I buy Kotak Gold ETF shares on Holidays?
No, shares of Kotak Gold ETF or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Kotak Gold ETF shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.