There’s a gold worth say 100. GOLDCASE is monitoring it at 99 (Assuming 1=1 worth). However available on the market, it’s buying and selling at 97 as a consequence of excessive provide.
Say there’s Zerodha Gold FOF… it’s NAV is what then? assuming 1=1 worth. What I’m getting at is, does the FOF get the ETF items from the ZFH at 99 or market at 97?
I want to maintain it for > 5 years and don’t wish to run into such worth fluctuations on the time of redemption. Thus I’m trying into an FOF.
Hey, sure, as Zerodha Gold ETF FOF will spend money on GOLDCASE, it’s instantly linked to the efficiency of GOLDCASE. Basically, any FOF construction can be depending on the underlying scheme/schemes it’s investing in. Hope this helps. Rgds
Thanks for clarifying. A narrower query can be: does Zerodha gold etf fof purchase items from the AMC or the market?
