OurSchemes

Our Schemes

Site Search:

Search Schemes

Salary AddVantage

Calculators

Investor Service
Tel :	022 30301111
Toll Free:	1800- 300-11111
Email :	customer_care@ reliancemutual.com

Home / Our Schemes / Exchange Traded Fund

(An open-ended Gold Exchange Traded Fund) The investment objective is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, the performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors.

Related Links

Latest NAVs

Scheme	Current NAV	Nav Date
Dividend Plan	1813.9783	03 Sep 2010

How do I invest?

Authorized Partcipants

Outlook

Gold Price Calculation

Gold Cash Component

Performance

NAV Performance as on 31/08/2010
	Absolute	Compounded Annualized
	6 months	1 Year	3 Years	5 Years	Since Inception
Reliance Gold Exchange Traded Fund	12.25	24.48	N.A	N.A	22.52
Prices of Gold	12.82	25.76	N.A	N.A	24.77

Past Performance may or may not be sustained in the future.

Returns less than one year are Absolute Returns and more than 1 year are Compounded Annualized. Calculations assume that all payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV.

Product Features

Investment Objective :
The investment objective is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, the performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors.

Date of Inception : November 22, 2007

Asset Allocation

Instruments	% of Corpus	Risk Profile
Physical Gold or Gold Related Instruments as permitted by regulators from time to time #	90%- 100%	Medium to High
Money Market instruments, Bonds, Debentures, Government Securities including T-Bills, Securitised Debt* & other debt securities as permitted by regulators from time to time	0– 10%	Low to Medium

# Presently, investment only in physical gold is allowed as per SEBI guidelines. Investment in gold or gold related instruments may be undertaken as and when permitted by SEBI.
*Upto 10% in securitized debt.
Use of gold related derivative instruments, as and when allowed by regulations.
The above Asset Allocation Pattern is only indicative. The investment manager in line with the investment objective as may alter the above pattern for short term and on defensive consideration.

Fund Manager - Mr. Hiren Chandaria

Load Structure :

Entry Load - NIL
Exit Load - NIL
In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor

Plans Available

Dividend payout Option

Minimum Investment :
On the Exchange: Minimum one unit is available to all the investors.
With the Fund: 1000 units (permitted only to Authorised Participants as appointed by the AMC)

Benchmark Index - As there are no indices catering to the gold sector/securities linked to Gold, currently GETF shall be benchmarked against the price of Gold.

Purity of Gold - All gold bullion held in the scheme’s allocated account with the custodian shall be of fineness (or purity) of 995 parts per 1000 (99.5%) or higher

Available for trading on the following stock exchanges

National Stock Exchange Of India Ltd (NSE)
Bombay Stock Exchange Limited (BSE)

Pricing (per unit): 1 Unit=Approx. 1 gram of gold

Expense Ratio as on 30.11.2009: 1% p.a.

Disclaimer
Statutory Details: Sponsor: Reliance Capital Limited. Trustee: Reliance Capital Trustee Co. Limited. Investment Manager: Reliance Capital Asset Management Limited. Statutory Details: The Sponsor, the Trustee and the Investment Manager are incorporated under the Companies Act 1956.

Reliance Gold Exchange Traded Fund (An open-ended Gold Exchange Traded Fund that tracks the domestic prices of gold through investments in physical Gold.) : The investment objective is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold (and Gold related securities as permitted by Regulators from time to time). However, the performance of the scheme may differ from that of the domestic prices of Gold due to expenses and or other related factors.

Risk Factors
Mutual Funds and securities investments are subject to market risks and there is no assurance and no guarantee that the Schemes objectives will be achieved. As with investments in any securities, the NAVs of the units issued under the Scheme can go up or down depending on the factors and forces affecting the securities market. Past performance of the Sponsor/AMC/Mutual Fund is not indicative of future performance of the Scheme. Reliance Gold Exchange Traded Fund is only the name of the scheme and does not in any manner indicate either the quality of the Scheme, its future prospects or returns. The Sponsor is not responsible or liable for any loss resulting from the operation of the Scheme beyond their initial contribution of Rs.1 lac towards the setting up of the Mutual Fund and such other accretions and additions to the corpus. The NAV of the Scheme may be affected, interalia, by changes in the market conditions, interest rates, trading volumes, settlement periods and transfer procedures. The Mutual Fund is not guaranteeing or assuring any dividends/ bonus. The Mutual Fund is also not assuring that it will make periodical dividend/ bonus distributions, though it has every intention of doing so. All dividend/ bonus distributions are subject to the availability of distributable surplus in the respective Scheme. It is to be distinctively understood that the permission given by the NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of Disclaimer Clause of NSE. Please read the Scheme Information Document and Statement of Additional Information carefully before investing.

TOP

© 2010 Reliance Mutual Funds. All Rights Reserved.	Developed by Idealake Information Technologies Pvt. Ltd.
This site is best viewed in I.E 7.0+ & Mozilla Firefox 3.0+ with 800x600 resolution