360 ONE Mutual Fund Extended NFO Period For Gold ETF

360 ONE Mutual Fund has announced an extension of the New Fund Offer (NFO)  period for its 360 ONE Gold ETF, giving investors additional time to subscribe. Initially set to close on February 28, 2025, the NFO will now remain open until March 4, 2025. This is expected to provide investors with a longer window to participate in the fund, which aims to track the domestic price of gold.

Fund Overview

The 360 ONE Gold ETF is an open-ended Exchange-Traded Fund (ETF) under the commodities-gold category. It aims to provide returns aligned with the domestic price of physical gold, subject to tracking error.

• Fund House: 360 ONE Mutual Fund
• Fund Manager: Rahul Khetawat
• NFO Open Date: February 20, 2025
• Revised NFO Close Date: March 4, 2025
• Revised Scheme Reopening Date: March 13, 2025
• Minimum Investment: ₹500
• Exit Load: Nil
• Risk Level: Very High
• Benchmark: Domestic Price of Gold

Revised Timelines

The extension in the NFO period also affects the scheme’s reopening date. The updated timeline is as follows:

Investment Structure

The ETF follows a passive investment strategy, aiming to track gold prices in India. Since it is an exchange-traded product, investors can buy and sell units on the stock exchange at market prices.

There is no lock-in period, and the fund does not charge an exit load. Investments start at ₹500, making it accessible to retail investors.

Conclusion

Since this is a gold-linked ETF, its performance depends on fluctuations in domestic gold prices. Additionally, while there are no brokerage charges beyond SEBI’s prescribed limit, investors should consider any applicable transaction fees.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.