Sunday, April 12, 2009

SBI Gold Exchange Traded Scheme

SBI Gold Exchange Traded Scheme (SBI GETS) an open ended gold exchange traded fund. The investment objective of the fund is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold However, the performance of the scheme may differ from that of the underlying asset due to tracking error.

Issue Open: 30-Mar-2009
Issue Close: 28-Apr-2009
Mutual Fund Family: SBI Funds Management Private Limited
Fund Class: Gold
Fund Type: Open-Ended
Investment Plan: Growth
Fund Manager: Ritesh Sheth
Entry Load: 2.50%
Exit Load: 0.00%
Minimum Investment: Rs. 5000
Other Info: Entry load of 2.50% for application size up to Rs 25 lakhs, 1.50% for application size of Rs 25 lakhs to Rs 50 lakhs and 1% for application amount of Rs 50 lakh to Rs 1 crore.
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  1. I am very much impressed by your blog content.
    I agree that this blog is give a good information, good option and good ideas for me
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  2. Quite interesting and informative. Thanks for sharing.

  3. Hi
    Most of the Indians are customers of SBI. You have mentioned all the details regarding the scheme as this is informative.

  4. The Gold prices have topped Rs. 17000 now. With the RBI investing in Gold and diluting dollar, is it a sign of things to come for Gold.