The Wealth Company MF launches Gold ETF Fund of Fund

The Wealth Company Mutual Fund, part of the Pantomath Group, has launched the The Wealth Company Gold ETF Fund of Fund (FoF), an open-ended scheme that provides investors exposure to gold through a mutual fund structure.

The new fund offer will close on January 23.

The Gold ETF FoF will invest 95–100% of its assets in units of The Wealth Company Gold ETF, with the remaining portion allocated to debt and money market instruments for liquidity management. The scheme aims to track domestic prices of physical gold while avoiding challenges associated with physical ownership, such as storage, purity, insurance, and liquidity concerns.

According to the fund house, the product is positioned as a passive and cost-efficient option for investors seeking gold exposure as part of their asset allocation. Gold continues to be used as a hedge against inflation, currency volatility, and global uncertainty, and the FoF structure is intended to offer market-linked returns without operational complexities.

Commenting on the launch, Madhu Lunawat, Founder, Managing Director and CEO of The Wealth Company Mutual Fund, said the scheme reflects a shift toward financialized gold investing, with greater emphasis on transparency, governance, and cost efficiency.

Debasish Mohanty, Chief Strategy Officer, said investors are increasingly viewing gold as a strategic portfolio component rather than a traditional holding, and ETF-based exposure enables more disciplined participation in the asset class.

The scheme offers Direct and Regular plans with Growth and IDCW options. It does not carry any entry or exit load. The minimum investment amount is ₹5,000, while systematic investment plans (SIPs) are available starting at ₹250. The benchmark for the scheme is the domestic price of gold.

Niranjan Das will manage the fund and brings over 30 years of experience in gold and commodity-linked investment strategies.