1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
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 | 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
| 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 |  |
Jan-13 | 46.92 | 19.05 | 12.71 | 0.24 | 145 |
| HDFC Gold Fund - Direct Plan | Invest Online |  |
Jan-13 | 43.79 | 19.62 | 12.48 | 0.25 | 663 |
| Kotak Gold Fund - Direct Plan | Invest Online | |
Jan-13 | 45.60 | 19.86 | 13.00 | 0.15 | 509 |
| Nippon India Gold Savings Fund - Direct Plan | Invest Online |  |
Jan-13 | 44.38 | 19.38 | 12.24 | 0.89 | 952 |
| SBI Gold Fund - Direct Plan | Invest Online | |
Jan-13 | 45.15 | 19.82 | 12.40 | 0.12 | 555 |
| 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) |
| 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
| The underlying data is unavailable. |
As on 31-May-2020
— 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:
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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 |
| Exit Load | 1% for redemption within 365 days |
| 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: | -- |
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
Saturday, 11-Jul-2020
04:00 PM - 04:30 PM