NFO Alert: Angel One Mutual Fund launches gold based two passive funds

Angel One Asset Management Company has announced the launch of Angel One Gold ETF and Angel One Gold ETF FOF, designed to track the performance of the domestic price of gold, providing investors with price transparency and ease of investing.

The New Fund Offers (NFOs) will open for subscription on August 20 and close on September 2 for the ETF, while the FOF will remain open until September 3.

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The ETF will allow investment starting with Rs 1,000 during NFO and through NSE on an ongoing basis, once the scheme is listed post NFO. The FOF will enable investment exposure to gold even without having a demat account, with SIPs starting at just Rs 250. These schemes offer a convenient and flexible route to participate in gold as an asset class, thereby diversifying the overall portfolio with long-term wealth creation potential.

The Angel One Gold ETF will allow investment with a minimum application of ₹1,000 and in multiples of ₹1 thereafter during the NFO. The scheme will be listed on NSE, offering liquidity and ease of trading, and will hold 99.5% pure gold eliminating making charges and storage risks.

The Angel One Gold ETF FOF offers flexible SIP options starting at Rs 250 per day, Rs 500 for weekly, fortnightly, or monthly plans, and Rs 1,500 for quarterly contributions. With no exit load and no demat account requirement, it provides a convenient and accessible route for a wide range of investors to participate in gold investing.

“Gold has consistently proven its role as a store of value and a hedge in volatile markets. With central banks steadily increasing their gold reserves and with gold’s historical resilience against inflation, these offerings provide investors with an effective tool for portfolio diversification. Including gold can help reduce overall risk, enhance stability, and safeguard portfolios against market fluctuations. Strong inflows and record-high AUM in gold ETFs underscore the growing investor interest, while its low correlation with other assets may further improve risk-adjusted returns,” said Hemen Bhatia, Executive Director & CEO, Angel One AMC.

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These new Gold ETF & FOF offerings underscore Angel One AMC’s commitment to delivering diverse passive building blocks to investors for effective portfolio construction.

India’s gold ETF market is witnessing remarkable expansion. According to AMFI data, the AUM of Gold ETFs surged to Rs 67,634 crore in July 2025, up from Rs 34,455 crore in July 2024, reflecting an annual growth of nearly 96%. The Angel One Gold ETF and Angel One Gold ETF FOF aim is to ride this momentum, further driving investments in gold funds.

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