Gold Cash Component TopComponentContent Select City : Select City Mumbai Ahmedabad Select Date : DescriptionParticulars NAV as on 04 Nov 20162736.8287 Gold Value Per Kg (Excluding VAT)3075461.9466 VAT @ 1%36905.5434 Total Gold Value Per kg3112367.49 Cash Component ( For 1000 units)-375538.79 Note A : NAV as on November 04,2016 is Rs. 2736.8287 Note B : 1. If Cash Comp is positive investor has to pay while creation and will receive on redemption 2. If Cash Comp is negative investor will receive on creation and will pay during redemption Note C : Transaction charges payable by the investor is NIL per creation request and NIL per redemption request Note D : The above creation unit is for 1000 units of R* SHARES GOLD ETF BottomComponentContentCreation unit is made up of two components portfolio deposit and a cash component. Portfolio Deposit closely approximates the proportion of the underlying asset that represent the index. The Cash Component represents the difference between the applicable net asset value of a creation unit and the market value of the portfolio deposit. Reliance Gold Exchange Traded Fund (RGETF) Portfolio deposit would consist of physical gold of defined purity (fineness or purity of 995 parts per 1000 (99.5%) or higher) and quantity and/or cash component if any. The difference between NAV and the price of 1 gram of gold may be called cash component. Each creation unit consists of 1000 units of RGETF and cash component if any. Only Authorize Participants have the privilege to create and redeem units directly with the Asset Management Company (AMC) in creation unit size. Authorised Participants are appointed by the AMC who act as market makers to improve the liquidity of the ETF on the stock exchange. Investors, other than Authorised participants can buy the units of RGETF directly on the National Stock Exchange of India Ltd and Bombay Stock Exchange Limited If Cash Component is negative Authorize Participants will receive it on creation and will pay the same during redemption. Hence Cash component can be a useful tool to determine the no-arbitrage price for units traded on exchange.