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2 star

Aditya Birla Sun Life Gold Fund - Direct Plan


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.47 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.42 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 27.89 3.22 4.23 8.20 10.26 25.22 46.92 19.05 12.71 8.37 --
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 25.56 0.92 2.27 3.89 6.08 22.96 43.23 19.35 12.19 8.09 --
Rank within category 1 1 1 1 1 1 1 8 2 2 --
Number of funds in category 10 10 10 10 10 10 10 10 10 10 0

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)
Aditya Birla Sun Life Gold Fund - Direct Plan  | Invest Online
2 star
Jan-13 46.92 19.05 12.71 0.24 145
HDFC Gold Fund - Direct Plan  | Invest Online
4 star
Jan-13 43.79 19.62 12.48 0.25 663
Kotak Gold Fund - Direct Plan  | Invest Online
4 star
Jan-13 45.60 19.86 13.00 0.15 509
Nippon India Gold Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 44.38 19.38 12.24 0.89 952
SBI Gold Fund - Direct Plan  | Invest Online
3 star
Jan-13 45.15 19.82 12.40 0.12 555

Best & Worst Performance

Best (Period) Worst (Period)
Week 20.21 (08-Apr-2020 - 15-Apr-2020) -12.64 (15-Apr-2020 - 22-Apr-2020)
Month 31.78 (16-Mar-2020 - 15-Apr-2020) -13.63 (15-Apr-2020 - 15-May-2020)
Quarter 36.46 (15-Jan-2020 - 15-Apr-2020) -15.90 (16-Jan-2013 - 17-Apr-2013)
Year 68.44 (16-Apr-2019 - 15-Apr-2020) -16.89 (14-Nov-2013 - 14-Nov-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.03 12.09 0.97 2.00 0.87 0.56
Domestic Price of Gold 18.09 12.00 1.07 1.77 -- --
Commodities: Gold 17.53 12.21 1.01 1.87 0.92 0.40
Rank within category 9 5 9 4 1 3
Number of funds in category 10 10 10 10 10 10

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 31-May-2020

Fund Manager

— Lovelish Solanki since 01-Jul-2018

Education: He has done BMS and MMS in finance.

Experience: He has worked with Edelweiss AMC from Jan 2008 - February 2011. Prior to working wirh Birla Sun Life, he has worked as an equity/ equity derivative trader at Union KBC.

Funds Managed:


3.22%

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

Growth: ₹ 16.0427

Dividend: ₹ 16.0459


Investment Strategy

The scheme seeks to provide returns that tracks returns provided by Birla Sun Life Gold ETF.

Investment Details

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
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 5.62%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 145 Cr (As on 31-May-2020)
Expense: 0.24% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: --

Contact Information

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

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