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Unrated

SBI Exchange Traded Fund Gold


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.39 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.40 Lakh

Suitability:

Gold funds provide returns closely in-line with the return provided by the price of gold.

We do not think of gold as a good long-term investment avenue and therefore we believe that investors can avoid these funds altogether.

But for those retail investors who'd still prefer to invest in gold, we believe that the Sovereign Gold Bond Scheme offered by the Government of India is a better alternative. This scheme offers a guaranteed return of 2.5% per year over and above the return provided by the price of gold, though the investment cannot be redeemed before a tenure of five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 23.82 1.37 -0.17 5.09 7.58 18.55 38.67 19.10 12.02 8.19 9.14
Domestic Price of Gold 22.62 0.27 -0.66 3.00 6.43 18.81 39.67 19.74 12.68 9.10 10.09
Commodities: Gold 23.90 1.25 -0.06 4.66 7.25 18.50 39.31 18.86 11.86 7.89 9.09
Rank within category 12 8 14 11 9 11 11 7 9 7 1
Number of funds in category 21 21 21 21 21 21 21 21 21 21 6

As on 08-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Exchange Traded Fund Gold  | Invest Online
Unrated
Apr-09 38.67 19.10 12.02 0.50 1,300
HDFC Gold Fund  | Invest Online
4 star
Nov-11 40.54 18.88 11.88 0.60 663
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 42.84 19.10 12.67 0.50 453
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 38.35 19.04 12.07 0.79 3,996
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 37.86 18.88 12.09 0.40 1,438

Best & Worst Performance

Best (Period) Worst (Period)
Week 12.19 (21-Aug-2013 - 28-Aug-2013) -13.19 (10-Apr-2013 - 17-Apr-2013)
Month 24.75 (29-Jul-2013 - 28-Aug-2013) -15.08 (28-Aug-2013 - 27-Sep-2013)
Quarter 28.88 (29-May-2013 - 28-Aug-2013) -19.25 (04-Sep-2013 - 04-Dec-2013)
Year 50.68 (21-May-2019 - 20-May-2020) -19.74 (28-Aug-2013 - 28-Aug-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.10 11.98 0.98 1.61 1.00 -0.97
Domestic Price of Gold 18.09 12.00 1.07 1.77 -- --
Commodities: Gold 17.13 12.05 0.98 1.72 0.96 -0.44
Rank within category 15 13 13 19 20 17
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2020

Top Holdings

The underlying data is unavailable.

As on 31-May-2020

Fund Manager

— Raviprakash Sharma since 09-Feb-2011

Education: Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).

Experience: Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.

Funds Managed:


1.37%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 4,392.1575


Investment Strategy

The scheme seeks to generate returns that corresponds to the returns provided by price of gold through investment in physical Gold. The performance of the scheme may differ from the of the underlying asset due to tracking error.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 28-Apr-2009
Return Since Launch: 10.22%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,300 Cr (As on 31-May-2020)
Expense: 0.50% (As on 30-Sep-2019)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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