The Wealth Company MF Launches Gold ETF Fund of Fund for Easy Gold Investment

• The Wealth Company Mutual Fund introduces Gold ETF Fund of Fund (FoF), an open-ended scheme offering gold exposure via a mutual fund structure.
• The FoF will primarily invest in The Wealth Company Gold ETF units (95-100%) and debt/money market instruments for liquidity.
• It aims to track domestic physical gold prices, bypassing issues like storage, purity, and insurance associated with physical gold.
• Positioned as a passive, cost-efficient option, it allows investors to use gold as a hedge against inflation and uncertainty.
• The scheme offers Direct and Regular plans with Growth and IDCW options, no entry/exit load, and a minimum investment of ₹5,000.

Why It Matters: The Wealth Company MF's new Gold ETF FoF simplifies gold investment, offering market-linked returns without physical ownership hassles.