SBI Gold Fund

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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High

₹21.9049 -0.34%

As on 17-May-2024

Returns

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Calculate SIP Returns of SBI Gold Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has High risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of SBI Gold Fund

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of SBI Gold Fund

Assets info

₹1,815 Cr

Exit Load (Days) info

1.00 (15)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

500

Min. No of Cheques

12

Investment Strategy

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

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."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • 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.

FAQ for SBI Gold Fund

SBI Gold Fund is mandated to invest its assets in physical gold and/or other mutual funds/ETFs which in turn invest in gold. Therefore, you can expect it to generate returns closely in line with the returns provided by the price of gold.

Mutual funds can be bought directly from the website of the fund house. For instance, SBI Gold Fund fund can be purchased from the website of SBI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of SBI Gold Fund is ₹21.9049 as of 19-May-2024.

The AUM of SBI Gold Fund Fund is ₹1,815 Cr as of 30-Apr-2024

The riskometer level of SBI Gold Fund is High. See More

Company Percentage of Portfolio

SBI Gold ETF

100.05
See More

As of 30-Apr-2024, SBI Gold Fund had invested 98.57% in Commodities and 1.44% in Cash & Cash Eq. See More

SBI Gold Fund is 12 years 8 months old. It has delivered 6.38% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
19.69%
13.83%
16.80%
13.25%
8.15%
6.38%

No, There is no lock in period in SBI Gold Fund.

The expense ratio of SBI Gold Fund is 0.42.

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