MUTUAL FUNDS
Monarch Mutual Fund files offer document for Gold Passive Fund of Funds
Oct-12-2026
Monarch Mutual Fund has filed offer document with SEBI to launch an open ended fund of fund named ‘Monarch Gold Passive Fund of Funds'. The New Fund Offer price will be Rs 10 during the NFO. Entry load will be nil. Exit load will be 0.50% of the applicable NAV-if redeemed or switched out on or before 30days from the date of allotment; and Nil if redeemed or switched out after 30 days from the date of allotment. The Scheme offer growth and IDCW options for investment and seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against Domestic Price of Physical Gold. The minimum application amount will be Rs. 100 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to generate returns by investing in units of Gold ETFs. However, the performance of the scheme may differ from that of the underlying gold ETFs due to tracking error of the underlying exchange traded funds.

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