Last updated on December 11th, 2024 at 04:10 pm
Kotak Gold ETF is an open-ended fund that tracks the domestic prices of gold, providing investors a convenient way to invest in the precious metal. With the current price at ₹65.68, this ETF is an excellent choice for those seeking stability and a hedge against market volatility.
About Kotak Gold ETF
Kotak Gold ETF offers investors a simple way to track gold prices without the hassle of physically owning gold. It mirrors gold’s performance in the market, making it a popular investment vehicle during times of economic uncertainty.
Key Features:
- Liquidity: Traded on stock exchanges like shares.
- Low Risk: Backed by physical gold, ensuring secure investment.
- Diversification: Ideal for diversifying portfolios and hedging risks.
Promoter Details:
| Entity Name | Holding (%) |
|---|---|
| Kotak Mahindra Asset Management Company | 100 (ETF Fund Sponsor) |
Kotak Gold ETF Share Price Target 2024
Factors Influencing Growth:
- Rising Gold Demand: Anticipated increase due to global uncertainties.
- Inflation Hedge: Gold traditionally acts as a safeguard against inflation.
- Minimum Target: ₹72
- Maximum Target: ₹78
Kotak Gold ETF Share Price Target 2025
Growth Catalysts:
- Global Gold Prices: Rising geopolitical tensions could push gold prices higher.
- Wealth Preservation: Gold remains a safe haven during volatile markets.
- Minimum Target: ₹80
- Maximum Target: ₹88
Kotak Gold ETF Share Price Target 2026 to 2030
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 90 | 98 |
| 2027 | 100 | 112 |
| 2028 | 110 | 125 |
| 2029 | 120 | 140 |
| 2030 | 130 | 155 |
Kotak Gold ETF Share Price Target 2035
By 2035, with increasing demand for gold as a stable asset and economic uncertainties driving investors, Kotak Gold ETF is expected to show strong growth.
- Minimum Target: ₹180
- Maximum Target: ₹220
Kotak Gold ETF Share Price Target 2040
Over the long term, gold’s consistent appeal as a store of value and Kotak Gold ETF’s efficient tracking mechanism are likely to yield significant returns.
- Minimum Target: ₹250
- Maximum Target: ₹300
Kotak Gold ETF is an excellent investment option for those looking to capitalize on the upward trajectory of gold prices. It offers liquidity, security, and diversification benefits. However, factors like global gold price movements, inflation, and currency fluctuations should be considered.
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