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4 star

SBI Gold Fund - Direct Plan


Commodities: Gold

1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.20 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.

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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 -6.28 -0.27 -0.68 -0.94 0.25 -3.38 -3.63 15.44 10.06 7.85 --
Domestic Price of Gold -5.09 -1.02 0.01 -0.19 0.93 -3.66 -0.85 16.28 10.60 8.84 --
Commodities: Gold -5.95 -0.41 -0.75 -1.23 0.22 -3.58 -3.61 15.01 9.51 7.64 --
Rank within category 7 2 5 2 4 2 6 2 2 3 --
Number of funds in category 9 9 9 9 9 9 9 9 9 9 1

As on 02-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
SBI Gold Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.63 15.44 10.06 0.10% 1,198
HDFC Gold Fund - Direct Plan  | Invest Online
4 star
Jan-13 -3.68 15.06 9.79 0.15% 1,261
Kotak Gold Fund - Direct Plan  | Invest Online
5 star
Jan-13 -2.97 15.69 10.35 0.18% 1,098
Nippon India Gold Savings Fund - Direct Plan  | Invest Online
3 star
Jan-13 -4.38 14.87 9.50 0.10% 1,437
ICICI Prudential Regular Gold Savings Fund (FOF) - Direct Plan  | Invest Now
3 star
Jan-13 -2.17 15.03 9.55 0.09% 587

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.54 17-Mar-2020 - 24-Mar-2020 -11.36 10-Apr-2013 - 18-Apr-2013
Month 33.31 17-Mar-2020 - 16-Apr-2020 -11.92 19-Mar-2013 - 18-Apr-2013
Quarter 32.06 17-Jan-2020 - 17-Apr-2020 -15.11 17-Jan-2013 - 18-Apr-2013
Year 67.14 18-Apr-2019 - 17-Apr-2020 -18.16 14-Nov-2013 - 14-Nov-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 15.90 14.85 0.82 1.69 0.93 0.07
Domestic Price of Gold 16.67 15.31 0.84 1.54 -- --
Commodities: Gold 15.64 15.41 0.77 1.64 0.95 -0.34
Rank within category 2 2 2 5 3 2
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-Nov-2021

Top Holdings

The underlying data is unavailable.

As on 31-Oct-2021

Fund Manager

— Raviprakash Sharma since 01-Jan-2013

Education: Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).

Experience: Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.

Funds Managed:


-0.27%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 15.1096

IDCW: ₹ 15.0880


Investment Strategy

The Scheme seeks to provide returns that closely correspond to returns provided by SBI Gold Exchange Traded Scheme (SBI GETS).

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 (₹) 1,000
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: SBI Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 3.89%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,198 Cr (As on 31-Oct-2021)
Expense: 0.10% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: --

Contact Information

AMC: SBI Funds Management Ltd

Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051

Phone: 022-61793000 / 1800-425-5425

Fax: 022-22189663

Email: [email protected]

Website: http://www.sbimf.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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