1 Lakh
Investment declined to₹ 10000
Monthly SIP Declined toSuitability:
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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -5.81 | -1.50 | 2.01 | 4.88 | -4.26 | -7.03 | -2.33 | 13.11 | 8.86 | 5.59 | -- |
| Domestic Price of Gold | -5.16 | 1.52 | 3.03 | 6.22 | -2.78 | -6.49 | 0.81 | 14.85 | 9.86 | 7.76 | -- |
| Commodities: Gold | -6.25 | -1.17 | 1.83 | 4.62 | -4.57 | -7.51 | -1.85 | 13.34 | 8.54 | 5.98 | -- |
| Rank within category | 3 | 21 | 9 | 3 | 4 | 3 | 17 | 18 | 3 | 13 | -- |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 11 |
As on 20-Apr-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Aditya Birla Sun Life Gold Fund | Invest Online |  |
Mar-12 | -2.33 | 13.11 | 8.86 | 0.50 | 212 |
| HDFC Gold Fund | Invest Online |  |
Nov-11 | -2.09 | 13.35 | 8.71 | 0.50 | 1,062 |
| Kotak Gold Fund Regular Plan | Invest Online | |
Mar-11 | -3.33 | 13.70 | 9.04 | 0.54 | 814 |
| ICICI Prudential Regular Gold Savings Fund (FOF) | Invest Now | |
Oct-11 | -3.99 | 13.07 | 8.60 | 0.53 | 458 |
| Nippon India ETF Gold BeES | Invest Online | Mar-07 | 0.03 | 13.68 | 8.75 | 0.82 | 5,277 |
| Best Performance | Worst Performance | |||
|---|---|---|---|---|
| Return (%) | Period | Return (%) | Period | |
| Week | 20.17 | 08-Apr-2020 - 15-Apr-2020 | -12.65 | 15-Apr-2020 - 22-Apr-2020 |
| Month | 31.71 | 16-Mar-2020 - 15-Apr-2020 | -13.65 | 15-Apr-2020 - 15-May-2020 |
| Quarter | 36.28 | 15-Jan-2020 - 15-Apr-2020 | -15.92 | 16-Jan-2013 - 17-Apr-2013 |
| Year | 67.82 | 16-Apr-2019 - 15-Apr-2020 | -17.12 | 14-Nov-2013 - 14-Nov-2014 |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 11.89 | 14.43 | 0.51 | 1.26 | 0.90 | -0.26 |
| Domestic Price of Gold | 12.96 | 14.84 | 0.57 | 1.04 | -- | -- |
| Commodities: Gold | 12.15 | 14.88 | 0.52 | 1.01 | 0.97 | -0.57 |
| Rank within category | 19 | 3 | 13 | 1 | 1 | 4 |
| 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-Mar-2021
| Company | Instrument | Credit Rating | 1Y Range | % Assets | |
|---|---|---|---|---|---|
|
Others | CBLO | -- | - | 1.33 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Mar-2021
— Lovelish Solanki since 01-Jul-2018
Education: He has done BMS and MMS in finance.
Experience: Prior to joining Aditya Birla Sun Life AMC Limited, he was Equity /Equity Derivatives - Trader at Union KBC Asset Management Co Limited since February 2011. Before that he worked at Edleweiss Asset Management Co. Ltd since January 2008.
Funds Managed:
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The scheme seeks to provide returns that tracks returns provided by Birla Sun Life Gold ETF.
| Minimum Investment (₹) | 1,000 |
| Minimum Addl Investment (₹) | 1,000 |
| Minimum SIP Investment (₹) | 1,000 |
| Minimum No of Cheques | 6 |
| Minimum Withdrawal (₹) | 1 |
| Minimum Balance (₹) | 500 |
| Lock-in Period | Not Applicable |
| Exit Load | 1% for redemption within 365 days |
| Fund House: | Aditya Birla Sun Life Mutual Fund |
| Launch Date: | 20-Mar-2012 |
| Return Since Launch: | 4.27% |
| Benchmark: | Domestic Price of Gold |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 212 Cr (As on 31-Mar-2021) |
| Expense: | 0.50% (As on 31-Mar-2021) |
| Risk Grade: | Average |
| Return Grade: | Below Average |
| Turnover: | -- |
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]
Website: www.camsonline.com
Friday, 23-Apr-2021
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