NFO Alert: Choice Mutual Fund Launches Gold ETF

Choice Mutual Fund has introduced a new scheme named Choice Gold ETF-G under the Others – Gold ETFs category. The New Fund Offer (NFO) will open and close on October 24, 2025. It is an open-ended exchange-traded fund, which allows investors to buy and sell units on the stock exchange. The Net Asset Value (NAV) will be calculated on a daily basis.

Investment Objective

The main objective of the scheme is to provide returns that are in line with the domestic price of gold, before accounting for expenses and tracking errors. The fund will invest primarily in physical gold and gold-related instruments. The scheme does not guarantee or assure the achievement of its stated objective.

Fund Features

The minimum investment amount for this scheme is ₹1,000, with no incremental investment requirement. The scheme carries a high-risk rating, reflecting potential fluctuations due to changes in gold prices and market movements. There is no exit load mentioned for the scheme.

Fund Management

The fund will be managed by Rochan Pattnayak. As per the fund structure, investors can repurchase or redeem their units through the exchange mechanism. The NAV will be published daily, providing regular price updates.

Category and Structure

Being a part of the Gold ETF sub-category, the fund is meant for those seeking exposure to gold without directly holding the physical asset. Since it is an open-ended scheme, it offers liquidity through the exchange where it will be listed.

ETF Details

• Scheme Type: Open-ended ETF
• Category: Others – Gold ETFs
• Open and Close Date: October 24, 2025
• Minimum Investment: ₹1,000
• Risk Level: High
• NAV Calculation: Daily
• Fund Manager: Rochan Pattnayak

Read More: SBI Mutual Fund Filed Draft For Business Cycle Fund With SEBI!

Conclusion

Choice Gold ETF-G is an open-ended exchange-traded fund that invests in gold and related instruments to mirror domestic gold prices. It carries a high-risk classification and operates with daily NAV reporting.

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 are subject to market risks, read all the related documents carefully before investing.