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Unrated

Aditya Birla Sun Life Gold Exchange Traded Fund


1 Lakh

Investment Grown to
₹ 1.32 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.

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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 28.95 -0.38 0.33 0.60 0.20 6.44 31.85 19.11 12.30 7.12 --
Domestic Price of Gold 30.07 0.15 1.61 0.47 2.29 7.60 33.62 19.97 13.21 8.43 --
Commodities: Gold 28.71 -0.35 0.44 0.78 0.12 5.58 31.16 18.72 12.20 6.45 --
Rank within category 8 14 13 9 8 3 4 5 6 7 --
Number of funds in category 21 21 21 21 21 21 21 21 21 21 8

As on 23-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Gold Exchange Traded Fund  | Invest Online
Unrated
May-11 31.85 19.11 12.30 0.48 251
HDFC Gold Fund  | Invest Online
4 star
Nov-11 32.15 18.53 12.19 0.60 938
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 31.00 18.77 12.60 0.55 715
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 31.67 18.67 12.28 0.79 5,129
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 31.13 18.73 12.28 0.59 1,923

Best & Worst Performance

Best (Period) Worst (Period)
Week 12.17 (21-Aug-2013 - 28-Aug-2013) -13.16 (10-Apr-2013 - 17-Apr-2013)
Month 25.46 (29-Jul-2013 - 28-Aug-2013) -15.81 (28-Aug-2013 - 27-Sep-2013)
Quarter 29.29 (29-May-2013 - 28-Aug-2013) -17.02 (16-Jan-2013 - 17-Apr-2013)
Year 51.50 (21-May-2019 - 20-May-2020) -20.45 (28-Aug-2013 - 28-Aug-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.58 13.40 0.93 1.67 0.99 -0.69
Domestic Price of Gold 18.42 13.50 0.99 1.78 -- --
Commodities: Gold 17.43 13.62 0.91 1.73 0.97 -0.61
Rank within category 6 10 7 12 14 11
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-Sep-2020

Top Holdings

The underlying data is unavailable.

As on 30-Sep-2020

Fund Manager

— Pranay Sinha since 01-Apr-2017

Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.

Experience: Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).

Funds Managed:


-0.38%

Change from previous, NAV as on 23-Oct-2020

Growth: ₹ 4,680.4103


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. The performance of the scheme may differ from that of domestic price of gold due to expense and other related factors.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 13-May-2011
Return Since Launch: 8.18%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 251 Cr (As on 30-Sep-2020)
Expense: 0.48% (As on 31-Mar-2020)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.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]line.com

Website: www.camsonline.com

Upcoming Video

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Alternatives for a fixed-income investor

dateFriday, 06-Nov-2020
time12:30 PM - 01:00 PM