1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 25.26 | -0.30 | 2.36 | 4.79 | 5.83 | 23.47 | 42.85 | 19.25 | 11.76 | 7.78 | -- |
| Domestic Price of Gold | 25.09 | 0.62 | 1.34 | 5.15 | 7.21 | 23.03 | 41.97 | 20.49 | 13.15 | 9.26 | -- |
| Commodities: Gold | 24.55 | -0.23 | 1.92 | 4.31 | 6.26 | 22.75 | 41.09 | 19.49 | 11.90 | 7.90 | -- |
| Rank within category | 3 | 17 | 1 | 3 | 16 | 3 | 3 | 16 | 17 | 15 | -- |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 6 |
As on 10-Jul-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Nippon India Gold Savings Fund | Invest Online |  |
Mar-11 | 42.85 | 19.25 | 11.76 | 0.36 | 1,020 |
| HDFC Gold Fund | Invest Online |  |
Nov-11 | 42.29 | 19.62 | 11.94 | 0.60 | 663 |
| Kotak Gold Fund Regular Plan | Invest Online | |
Mar-11 | 44.28 | 19.32 | 12.35 | 0.50 | 509 |
| Nippon India ETF Gold BeES | Invest Online | Mar-07 | 40.48 | 19.79 | 12.15 | 0.79 | 4,206 | |
| ICICI Prudential Gold Exchange Traded Fund | Invest Now | Aug-10 | 39.81 | 19.51 | 11.87 | 0.98 | 1,468 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 13.47 (23-Mar-2020 - 30-Mar-2020) | -12.01 (09-Apr-2013 - 16-Apr-2013) |
| Month | 24.12 (17-Mar-2020 - 16-Apr-2020) | -13.23 (19-Mar-2013 - 18-Apr-2013) |
| Quarter | 27.49 (15-Jun-2011 - 14-Sep-2011) | -16.40 (15-Jan-2013 - 16-Apr-2013) |
| Year | 53.82 (16-Apr-2019 - 16-Apr-2020) | -18.10 (14-Nov-2013 - 14-Nov-2014) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 17.11 | 12.30 | 0.96 | 1.82 | 0.95 | -0.34 |
| 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 | 14 | 18 | 18 | 6 | 8 | 9 |
| 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
| The underlying data is unavailable. |
As on 30-Jun-2020
— Mehul Dama since 06-Nov-2018
Education: Mr. Dama has done C.A. & B.Com
Experience: Prior to joining Reliance Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Funds Managed:
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The scheme seeks to provide returns that closely correspond to returns provided by R*Shares Gold BeES.
| Minimum Investment (₹) | 100 |
| Minimum Addl Investment (₹) | 100 |
| Minimum SIP Investment (₹) | 100 |
| Minimum No of Cheques | 60 |
| Minimum Withdrawal (₹) | 100 |
| Minimum Balance (₹) | 1 |
| Exit Load | 1% for redemption within 15 days |
| Fund House: | Nippon India Mutual Fund |
| Launch Date: | 07-Mar-2011 |
| Return Since Launch: | 7.88% |
| Benchmark: | Domestic Price of Gold |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 1,020 Cr (As on 30-Jun-2020) |
| Expense: | 0.36% (As on 30-Jun-2020) |
| Risk Grade: | Below Average |
| Return Grade: | Average |
| Turnover: | -- |
AMC: Nippon India Life Asset Management Ltd.
Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055
Phone: 022-68334800 / 18602660111
Fax: 022-33037662
Email: [email protected]
Website: http://www.nipponindiamf.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
Friday, 17-Jul-2020
12:30 PM - 01:00 PM