MUTUAL FUNDS
Invesco Asset Management (India)(AMC) announces Change in Face Value of Gold ETF
Apr-14-2026

Invesco Mutual Fund has informed that it has been decided to change the face value per unit and creation unit size of Invesco India Gold Exchange Traded Fund, an open-ended scheme tracking returns provided by investment in physical gold (‘the Scheme’/ ‘Gold ETF’).

The Face Value has been revised from existing ‘Face value per unit is Rs.100’ to ‘Face value per unit will be Re.1’ and the Creation Unit Size has been revised from ‘Each Creation Unit consists of 1,000 units of Gold ETF and 1 unit of Gold ETF is approximately equal to price of 1 gram of gold and Cash Component, if any’ to ‘Each Creation Unit consists of 1,00,000 Units of Gold ETF and 1 unit of Gold ETF will be approximately equal to 0.01 gram of gold and Cash Component, if any’.

Pursuant to change in face value, the Net Asset Value (‘NAV’) per unit of the Scheme will be reset to reflect face value of Re.1 per unit. Consequently, number of units of the Scheme held by Unit holders as on Thursday, April 30, 2026 (‘Record Date’) will increase proportionally. This change in face value and corresponding reset in NAV per unit will not have any impact on the total value of holdings of Unit holders of the Scheme and thus will not impact the interest of investors in any manner whatsoever. 

In case units of the Scheme held are under pledge / lien or have been frozen or locked pursuant to an order of a government authority or a court, in such cases credit of units of the Scheme in demat mode reflecting new face value will be done as per the depositories procedures.

 In view of the individual nature of tax implications, each Unit holder is advised to consult his or her own tax advisor(s) with respect to the tax implications arising out of the consequences of the said change in face value. 

Pursuant to above changes, necessary changes will be carried out at relevant places in Scheme Information Document (‘SID’) & Key Information Memorandum (‘KIM’) of the Scheme and Statement of Additional Information (‘SAI’) of the Fund, as applicable. All other terms & conditions of the SID and KIM of the Scheme and SAI of the Fund will remain unchanged. This addendum forms an integral part of the SID and KIM of the Scheme and SAI of the Fund, as amended from time to time.


  

  RELATED NEWS >>