ZFH: Is Zerodha Gold FOF affected by GOLDCASE tracking difference/ error?

There’s a gold value say 100. GOLDCASE is monitoring it at 99 (Assuming 1=1 worth). However in the marketplace, it’s buying and selling at 97 on account of excessive provide.

Say there’s Zerodha Gold FOF… it’s NAV is what then? assuming 1=1 worth. What I’m getting at is, does the FOF get the ETF items from the ZFH at 99 or market at 97?

I want to maintain it for > 5 years and don’t wish to run into such value fluctuations on the time of redemption. Thus I’m trying into an FOF.

Hey, sure, as Zerodha Gold ETF FOF will put money into GOLDCASE, it’s immediately linked to the efficiency of GOLDCASE. Usually, any FOF construction can be depending on the underlying scheme/schemes it’s investing in. Hope this helps. Rgds