VR Logo

4 star

Kotak Gold Fund Regular Plan


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.31 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.37 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 26.97 0.99 -4.60 -2.51 3.76 18.88 30.50 18.23 12.47 6.06 --
Domestic Price of Gold 26.97 -1.39 -3.56 -5.53 2.65 14.30 27.76 18.55 13.21 7.72 --
Commodities: Gold 26.63 0.58 -3.45 -3.31 3.58 14.43 27.84 17.64 12.10 6.35 --
Rank within category 8 1 21 1 13 3 4 2 3 17 --
Number of funds in category 21 21 21 21 21 21 21 21 21 21 8

As on 25-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 30.50 18.23 12.47 0.55 701
HDFC Gold Fund  | Invest Online
4 star
Nov-11 31.08 17.57 12.32 0.60 905
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 26.33 17.78 12.28 0.79 5,170
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 26.13 17.62 12.32 0.59 1,916
SBI Exchange Traded Fund Gold  | Invest Online
Unrated
Apr-09 26.65 17.86 12.25 0.50 1,807

Best & Worst Performance

Best (Period) Worst (Period)
Week 11.55 (23-Mar-2020 - 30-Mar-2020) -12.48 (10-Apr-2013 - 17-Apr-2013)
Month 24.92 (17-Mar-2020 - 16-Apr-2020) -13.23 (18-Mar-2013 - 17-Apr-2013)
Quarter 27.57 (15-Jun-2011 - 14-Sep-2011) -17.36 (16-Jan-2013 - 17-Apr-2013)
Year 56.96 (16-Apr-2019 - 16-Apr-2020) -18.17 (14-Nov-2013 - 14-Nov-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 19.12 13.45 1.04 2.10 0.98 -0.51
Domestic Price of Gold 20.00 13.10 1.13 2.04 -- --
Commodities: Gold 18.73 13.35 1.02 1.91 0.98 -0.96
Rank within category 2 17 12 2 8 2
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-2020

Top Holdings

The underlying data is unavailable.

As on 31-Aug-2020

Fund Manager

— Abhishek Bisen since 04-Mar-2011

Education: Mr. Bisen is a BA and MBA in Finance.

Experience: Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Funds Managed:


0.99%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 20.7450

Dividend: ₹ 20.7450


Investment Strategy

The scheme seeks to generate returns by investing in units of Kotak Gold Exchange Traded Fund.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load For Redemption or switch out of units before the attainment of retirement age i.e 0 years
1% for redemption within 365 days

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 25-Mar-2011
Return Since Launch: 7.97%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 701 Cr (As on 31-Aug-2020)
Expense: 0.55% (As on 31-Jul-2020)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Email: [email protected]

Website: http://www.kotakmutual.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

Last Session

VR Helpline

What to do with your multi-cap funds

dateSaturday, 26-Sep-2020
time12:30 PM - 01:00 PM

Registration Over