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NFO Alert: The Wealth Company Mutual Fund launches Gold ETF FoF
The new fund offer or NFO of the fund is open for subscription and will close on January 23, 2026.
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Built around the philosophy of “All the value of gold, none of the burden”, this open-ended fund of fund invests predominantly in units of The Wealth Company Gold ETF, enabling investors to track domestic prices of physical gold through a transparent, passive, and cost-efficient mutual fund structure, the fund house said in a press release.
The scheme will allocate 95% to 100% of its assets to the underlying The Wealth Company Gold ETF, with the balance invested in debt and money market instruments for liquidity management.
While gold continues to play a critical role as a hedge against inflation, currency volatility, and global uncertainty, physical ownership often brings challenges related to storage, purity, insurance, and exit pricing. The Gold ETF FoF seeks to eliminate these frictions while preserving gold’s core portfolio benefits.
“Gold remains timeless, but investing in it must evolve. Designed for modern asset allocation, the fund mirrors India’s transition towards financialised gold, where governance, transparency, and cost efficiency are no longer optional, but essential,” said Madhu Lunawat, Founder, MD and CEO, The Wealth Company Mutual Fund.
“Today’s investors are rethinking gold not as a legacy holding but as a strategic portfolio tool. ETF-based gold exposure delivers the economic value of gold without the operational baggage. This fund of fund structure simplifies access while maintaining market linkage, making gold investing more disciplined and outcome-oriented,” said Debasish Mohanty, Chief Strategy Officer, The Wealth Company Mutual Fund.
The scheme offers Direct and Regular plans, with Growth and IDCW options, and carries no entry or exit load. The minimum investment amount is Rs 5,000, with SIP options starting from Rs 250. The benchmark for the scheme is the Domestic Price of Gold.
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The fund will be managed by Niranjan Das, who brings over three decades of experience in managing gold and commodity-linked investment strategies, the release said.
With this launch, The Wealth Company Mutual Fund reinforces its focus on delivering contemporary investment solutions that combine time-tested asset classes with modern financial efficiency.
The investment objective of the fund is to generate long-term capital appreciation from a portfolio created by investing in units of The Wealth Company Gold ETF.
(Disclaimer: The recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of The Economic Times.)
