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3 star

SBI Gold Fund download report


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 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
SBI Gold-G 5.12 0.43 -1.07 -5.11 1.31 2.26 3.80 15.34 10.76 7.77 4.28
Domestic Price of Gold 4.22 0.89 -1.51 -7.17 -0.20 2.12 3.45 16.12 11.50 8.69 5.49
Commodities: Gold 4.56 0.40 -1.26 -5.52 0.54 2.19 3.60 15.19 10.52 7.74 4.40
Rank within category 1 14 7 6 3 12 3 9 5 13 16
Number of funds in category 21 21 21 21 21 21 21 21 21 21 20

As on 19-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Gold Fund  | Invest Online
3 star
Sep-11 3.80 15.34 10.76 0.42% 1,173
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 3.04 15.54 10.97 0.60% 1,296
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 3.53 15.42 10.63 0.70% 6,814
ICICI Prudential Gold Exchange Traded Fund  | Invest Now
Unrated
Aug-10 3.78 15.30 10.39 0.50% 3,472
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 3.69 15.28 10.75 0.59% 3,135

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.54 17-Mar-2020 - 24-Mar-2020 -11.37 10-Apr-2013 - 18-Apr-2013
Month 33.26 17-Mar-2020 - 16-Apr-2020 -11.95 19-Mar-2013 - 18-Apr-2013
Quarter 31.91 17-Jan-2020 - 17-Apr-2020 -15.17 17-Jan-2013 - 18-Apr-2013
Year 66.43 18-Apr-2019 - 17-Apr-2020 -18.47 14-Nov-2013 - 14-Nov-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
SBI Gold-G 16.38 14.52 0.89 1.82 0.93 -0.01
Domestic Price of Gold 17.34 14.94 0.92 1.78 -- --
Commodities: Gold 16.62 14.79 0.89 1.78 0.96 -0.13
Rank within category 16 7 12 6 1 8
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-Apr-2022

Top Holdings

The underlying data is unavailable.

As on 30-Apr-2022

Fund Manager

— Raviprakash Sharma since 22-Aug-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:


0.43%

Change from previous, NAV as on 19-May-2022

Growth: ₹ 15.4655

IDCW: ₹ 15.4696


Investment Strategy

The Scheme seeks to provide returns that closely correspond to returns provided by SBI Gold Exchange Traded Scheme (SBI GETS).

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 12-Sep-2011
Return Since Launch: 4.16%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,173 Cr (As on 30-Apr-2022)
Expense: 0.42% (As on 30-Apr-2022)
Risk Grade: Above Average
Return Grade: Average
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

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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