An exchange traded fund means a mutual fund scheme that invests in securities in the same proportion as an index of securities and the units of exchange traded fund are mandatorily listed and traded on exchange platform.

An ETF combines certain benefits of both mutual funds and stocks. Investing features of mutual funds such as diversification, even at low minimums – can be as low as few hundreds to few thousands depending on the scheme, as well as trading convenience benefit of stocks.

A Gold ETF is an ETF that tracks the price and performance of domestic physical gold. It does so by investing in gold bullion of 99.5% purity.

Gold ETFs offer several features including – purity assurance, low holding and liquidation costs, ease of liquidity and low minimums.

In order to invest in a Aditya Birla Sun Life Gold ETF you must have an active demat and trading account. The units of the scheme in demat form can be bought and sold through the demat account from the stock exchange.

The entry load is Nil.
The units of the scheme are compulsorily traded in dematerialized form, and hence, there shall be no entry/exit load for the units purchased or sold through stock exchanges. However, the investor shall have to bear costs in form of bid/ask spread and brokerage, or such other cost as charged by his broker for transacting in units of the scheme through secondary market.

Being a passively managed fund, the fund has relatively low expense ratio.

Yes, having a demat account is necessary for investing in this fund.

Minimum Application Amount (for Ongoing Offer period):

• For Subscription / Redemption of units directly with Mutual Fund: - Subscription / Redemption facility directly with the Mutual Fund would be restricted to Authorized Participants and Large Investors.

- Units of scheme may be subscribed to / redeemed only in Creation Unit size & in multiples thereof.
- Authorised Participants and Large Investors may subscribe to/redeem the units of the scheme on any business day directly with the Mutual Fund at applicable NAV and transaction cost, if any, by depositing/receiving physical gold of defined purity (fineness) and quantity and /or cash, value of which is equivalent to Creation Unit size.
- The Creation Unit size in case of Aditya Birla Sun Life Gold ETF shall be 1,00,000 units and in multiples thereof.
br> • For Purchase / Sale of units through Stock Exchange: - All categories of Investors may purchase the units of the Scheme through the Stock exchange on which the units of the scheme are listed on any trading day in round lot of 1 (one) Unit at the prevailing listed price.
• No switch-ins/switch-outs shall be allowed under the scheme on an ongoing basis.The minimum investment quantity is 1 ETF unit, which is equivalent to 1 gm of gold.