Investment Objective:
The investment objective of the Scheme is to generate returns that closely corresponds to returns provided by Religare Gold Exchange Traded Fund.

The fund targets to raise a minimum subscription of Rs 1 crore under the scheme during the NFO period.

Allocation of funds:
The scheme will invest upto 95%-100% in units of Religare Gold ETF with medium risk profile and invest upto 5% in money market with low to medium risk profile.

Exit Load - In respect of each purchase/switch-in of units, an exit load of 2% is payable if units are redeemed/ switched-out on or before 6 months from the date of allotment.
In respect of each purchase/switch-in of units, an exit load of 1% is payable if units are redeemed/ switched-out after 6 months but before 1 year from the date of allotment.
In respect of each purchase/switch-in of units, no exit load is payable if units are redeemed/ switched-out after 1 year from the date of allotment.

Basic Details:
NFO Opens: November 15, 2011
NFO Closes: November 29, 2011
NFO Price: Rs 10 per unit
Minimum Application Amount: Rs 5,000 and in multiples of Re. 1, thereafter
Options: Growth and Dividend (Payout and re-investment)
Benchmark: Domestic price of gold
Fund Manager: Mr. Nitish Sikand

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