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Unrated

Invesco India Gold Exchange Traded Fund


1 Lakh

Investment declined to
₹ 0.91 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.15 Lakh

Suitability:

Gold funds provide returns that are closely in line with the returns provided by 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. Read this article to know why.

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 cent 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 -8.53 -0.35 -0.40 -2.74 -2.83 3.07 -8.87 13.58 6.80 6.97 4.57
Domestic Price of Gold -8.32 -0.35 -0.40 -2.71 -2.70 3.33 -8.53 14.23 7.58 7.89 5.48
Commodities: Gold -8.56 -0.24 -0.48 -2.44 -2.60 2.83 -8.69 13.32 6.64 6.65 4.37
Rank within category 8 17 12 19 18 3 12 3 5 3 1
Number of funds in category 21 21 21 21 21 21 21 21 21 21 14

As on 27-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Invesco India Gold Exchange Traded Fund  | Invest Online
Unrated
Mar-10 -8.87 13.58 6.80 0.55 77
HDFC Gold Fund  | Invest Online
4 star
Nov-11 -8.96 13.32 6.73 0.50 1,229
Kotak Gold Fund Regular Plan  | Invest Online
5 star
Mar-11 -8.21 14.01 7.42 0.56 1,019
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 -8.99 13.31 6.64 0.82 6,006
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 -8.96 13.19 6.79 0.60 2,682

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 12.15 21-Aug-2013 - 28-Aug-2013 -13.13 10-Apr-2013 - 17-Apr-2013
Month 26.45 29-Jul-2013 - 28-Aug-2013 -16.21 28-Aug-2013 - 27-Sep-2013
Quarter 30.55 29-May-2013 - 28-Aug-2013 -20.15 28-Aug-2013 - 27-Nov-2013
Year 50.93 21-May-2019 - 20-May-2020 -20.84 28-Aug-2013 - 28-Aug-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.38 15.44 0.73 1.34 0.98 -0.44
Domestic Price of Gold 16.00 15.67 0.76 1.37 -- --
Commodities: Gold 14.95 15.49 0.71 1.38 0.96 -0.57
Rank within category 1 14 3 11 19 6
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 31-Aug-2021

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Others Gold -- - 98.23

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Krishna Venkat Cheemalapati since 04-Jan-2020

Education: Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.

Experience: Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.

Funds Managed:


-0.35%

Change from previous, NAV as on 27-Sep-2021

Growth: ₹ 4,151.6892


Investment Strategy

The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Invesco Mutual Fund
Launch Date: 12-Mar-2010
Return Since Launch: 8.13%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 77 Cr (As on 31-Aug-2021)
Expense: 0.55% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Invesco Asset Management (India) Pvt. Ltd

Address: 2101 - A-A Wing - 21st Floor, Marathon Futurex, N.M. Joshi Marg, Lower Parel, Mumbai - 400013

Phone: 022-67310000 / 1800-209-0007

Fax: 022-23019422

Email: [email protected]

Website: http://www.invescomutualfund.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM