(As of 30 Apr, 2019)
To provide returns that closely corresponds to returns provided by Invesco India Gold Exchange Traded Fund.
(since 05 Dec, 2011)
(If redeemed within 180 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Invesco India Gold ETF
As the name suggests, Sectoral Funds invest in specific sectors of the economy. These funds are less diversified as they invest entirely in a particular sector; hence, their risk factor also depends on the respective sector’s performance, this carrying high risk. For example, a FMCG fund will only invest in FMCG companies while a tech fund will invest in only tech companies.The aim of these funds is to give investors a chance to benefit from the growth prospects of a particular fund.
This fund is rated 0 stars by Morning Star Ratings.
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