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4 star

HDFC Gold Fund


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.43 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.43 Lakh

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 26.04 0.66 2.36 5.21 5.97 23.39 43.25 19.13 11.99 7.79 --
Domestic Price of Gold 24.32 1.38 -0.16 5.18 7.79 18.99 39.65 20.27 13.13 9.24 --
Commodities: Gold 24.84 0.76 1.77 4.47 6.50 22.56 41.64 19.14 11.90 7.93 --
Rank within category 2 5 4 5 19 3 6 13 11 14 --
Number of funds in category 21 21 21 21 21 21 21 21 21 21 6

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Gold Fund  | Invest Online
4 star
Nov-11 43.25 19.13 11.99 0.60 663
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 45.02 19.34 12.48 0.50 509
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 40.64 19.27 12.09 0.79 3,996
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 40.13 19.10 12.11 0.40 1,438
ICICI Prudential Gold Exchange Traded Fund  | Invest Now
Unrated
Aug-10 40.11 18.99 11.84 0.98 1,335

Best & Worst Performance

Best (Period) Worst (Period)
Week 11.88 (08-Apr-2020 - 15-Apr-2020) -11.90 (08-Apr-2013 - 15-Apr-2013)
Month 25.74 (17-Mar-2020 - 16-Apr-2020) -12.05 (02-May-2014 - 03-Jun-2014)
Quarter 27.96 (15-Jan-2020 - 15-Apr-2020) -14.65 (15-Jan-2013 - 16-Apr-2013)
Year 58.71 (16-Apr-2019 - 15-Apr-2020) -16.76 (14-Nov-2013 - 14-Nov-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.39 11.90 1.02 1.74 0.93 0.16
Domestic Price of Gold 18.09 12.00 1.07 1.77 -- --
Commodities: Gold 17.13 12.05 0.98 1.72 0.96 -0.44
Rank within category 4 8 4 8 6 5
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-Jun-2020

Top Holdings

The underlying data is unavailable.

As on 30-Jun-2020

Fund Manager

— Krishan Kumar Daga since 19-Oct-2015

Education: Mr. Daga is a B.Com (H).

Experience: Prior to joining HDFC AMC he has worked with Reliance Mutual Fund, Reliance Capital Ltd., Deutsche Securities, B&K Securities, Brics Securities, JP Morgan Securities and HSBC Securities.

Funds Managed:


0.66%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 15.8167


Investment Strategy

The Scheme seeks to generate capital appreciation by investing in units of HDFC Gold Exchange Traded Fund.

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
Exit Load 2% for redemption within 180 days
1% for redemption between 181 - 365 days

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Nov-2011
Return Since Launch: 5.42%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 663 Cr (As on 30-Jun-2020)
Expense: 0.60% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: --

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 022-22821144

Website: http://www.hdfcfund.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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