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SBI Gold Fund


1 Lakh

Investment Grown to
₹ 1.22 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.37 Lakh

Analyst's Choice?

Suitability:

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

  • 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 2.09 0.12 0.21 4.95 3.93 15.74 21.94 9.49 6.22 2.25 --
Commodities: Gold 1.91 0.25 0.43 5.03 3.78 14.48 21.60 9.27 6.25 2.43 --
Rank within category 2 15 16 15 9 2 4 7 15 17 --
Number of funds in category 21 21 21 21 21 21 21 21 21 21 5

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 15.66 (26-Jul-2013 - 27-Aug-2013) -11.95 (19-Mar-2013 - 18-Apr-2013)
Quarter 22.53 (30-May-2019 - 29-Aug-2019) -15.17 (17-Jan-2013 - 18-Apr-2013)
Year 28.53 (08-Jan-2019 - 08-Jan-2020) -18.47 (14-Nov-2013 - 14-Nov-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.67 10.77 0.46 0.84 0.89 -0.38
Commodities: Gold 10.46 11.37 0.42 0.72 0.94 -0.89
Rank within category 11 6 2 1 7 3
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-Dec-2019

Top Holdings

The underlying data is unavailable.

As on 31-Dec-2019

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:


0.12%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 12.5033

Dividend: ₹ 12.5060


Investment Strategy

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

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1,000
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 12-Sep-2011
Return Since Launch: 2.71%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 397 Cr (As on 31-Dec-2019)
Expense: 0.52% (As on 31-Dec-2019)
Risk Grade: Below 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

Email: [email protected]

Website: 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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