IDBI Gold Mutual Fund

I need complete information about the IDBI Gold Mutual Fund. Will you please give me complete description of it? What is the importance of the fund??

IDBI Mutual Fund has been set up as a trust sponsored by IDBI Bank Ltd. with IDBI MF Trustee Company Ltd.

Exit Load:
1% for exit within 12 months from the date of allotment
For SIP / SWP / Switch - 1 % for exit on or before 1 year from the date of allotment of each installment.

Minimum Investment
Rs. 5000 and in multiples of Re. 1 thereafter
Additional Investment
Rs. 1000 and in multiples of Re. 1 thereafter

Expense Ratio 0.50 %

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Answered By StudyChaCha Member