HSBC Mutual Fund has launched a new Open Ended Growth scheme named "HSBC Gold ETF" with maturity period of 0 days from the launch date.
The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Mar 16 to Mar 18, 2026.
According to the offer document filed with SEBI, the entry and exit load is Nil.
The minimum application amount is Rs 5,000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.
The fund manager of the scheme will be Dipan S Parikh, while the performance of the scheme will be benchmarked against Domestic Price of Gold.
To seek returns that, before expenses, track the performance of domestic prices of Gold subject to tracking error. The Scheme do not guarantee/indicate any returns. There is no assurance that the investment objective of the Scheme will be achieved.