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ICICI Prudential Regular Gold Savings Fund (FOF) - Direct Plan download report


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 Lakh

Suitability:

"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

  • 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

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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
ICICI Pru Regular Gold Savings (FOF) Direct-G 4.67 -0.82 -2.21 -4.77 3.07 2.40 5.07 15.22 11.04 8.18 --
Domestic Price of Gold* 4.53 -1.55 -2.18 -5.84 3.03 2.86 5.34 16.37 12.06 9.02 --
Commodities: Gold* 4.37 -0.42 -2.55 -5.32 1.66 1.25 4.37 15.04 10.98 7.91 --

As on 13-May-2022

* As on 16-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
ICICI Prudential Regular Gold Savings Fund (FOF) - Direct Plan  | Invest Now
3 star
Jan-13 5.07 15.22 11.04 0.09% 688
HDFC Gold Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.27 15.07 11.02 0.15% 1,367
Nippon India Gold Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.81 14.94 10.91 0.10% 1,462
Kotak Gold Fund - Direct Plan  | Invest Online
3 star
Jan-13 4.59 15.80 11.88 0.18% 1,296
SBI Gold Fund - Direct Plan  | Invest Online
3 star
Jan-13 4.88 15.67 11.64 0.10% 1,173

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.89 08-Apr-2020 - 15-Apr-2020 -11.38 10-Apr-2013 - 18-Apr-2013
Month 26.03 17-Mar-2020 - 16-Apr-2020 -13.47 02-May-2014 - 03-Jun-2014
Quarter 26.91 15-Jan-2020 - 15-Apr-2020 -15.92 15-Jan-2013 - 16-Apr-2013
Year 56.62 16-Apr-2019 - 15-Apr-2020 -17.77 12-Mar-2014 - 12-Mar-2015

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
ICICI Pru Regular Gold Savings (FOF) Direct-G 16.29 14.58 0.88 1.90 0.93 -0.13
Domestic Price of Gold 17.34 14.94 0.92 1.78 -- --
Commodities: Gold 16.73 15.06 0.88 1.85 0.94 0.19

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Top Holdings

The underlying data is unavailable.

As on 30-Apr-2022

Fund Manager

— Manish Banthia since 01-Jan-2013

Education: Mr. Banthia is B.Com, CA and MBA

Experience: He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.

Funds Managed:

— Nishit Patel since 28-Dec-2020

Education: Mr. Patel is a B.Com & Chartered Accountant

Experience: ICICI Prudential Asset Management Company Limited - ETF Business - November 2018 - January 2020.

Funds Managed:


-0.82%

Change from previous, NAV as on 13-May-2022

Growth: ₹ 16.8157

IDCW: ₹ 16.8172


Investment Strategy

The scheme aims to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund.

Investment Details

Min. Investment (₹) 100
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 100
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: ICICI Prudential Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 4.39%
Benchmark: Domestic Price of Gold
Riskometer: High
Type: Open-ended
Assets: ₹ 688 Cr (As on 30-Apr-2022)
Expense: 0.09% (As on 31-Mar-2022)
Risk Grade: Below Average
Return Grade: Average
Turnover: --

Contact Information

AMC: ICICI Prudential Asset Management Company Ltd

Address: One BKC , A Wing , 13th Floor, Bandra Kurla Complex, Mumbai - 400051

Fax: 022-26528100

Website: http://www.icicipruamc.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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