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
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 | 2.23 | -0.47 | 0.43 | 4.95 | 4.27 | 14.53 | 22.96 | 9.99 | 6.37 | 2.63 | -- |
| Domestic Price of Gold | 2.01 | -0.01 | 1.13 | 5.35 | 4.36 | 12.09 | 23.94 | 10.95 | 7.04 | 3.88 | -- |
| Commodities: Gold | 2.43 | 0.12 | 0.53 | 5.07 | 4.72 | 14.05 | 22.72 | 9.82 | 6.20 | 2.56 | -- |
| Rank within category | 5 | 9 | 7 | 5 | 7 | 3 | 3 | 4 | 3 | 4 | -- |
| Number of funds in category | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 0 |
As on 22-Jan-2020
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 8.51 (08-Aug-2013 - 16-Aug-2013) | -11.36 (10-Apr-2013 - 18-Apr-2013) |
| Month | 15.70 (26-Jul-2013 - 27-Aug-2013) | -11.92 (19-Mar-2013 - 18-Apr-2013) |
| Quarter | 22.67 (30-May-2019 - 29-Aug-2019) | -15.11 (17-Jan-2013 - 18-Apr-2013) |
| Year | 29.02 (24-Aug-2018 - 26-Aug-2019) | -18.16 (14-Nov-2013 - 14-Nov-2014) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 11.08 | 10.77 | 0.50 | 0.91 | 0.89 | 0.03 |
| Domestic Price of Gold | 11.72 | 11.80 | 0.86 | -- | -- | -- |
| Commodities: Gold | 10.53 | 11.00 | 0.44 | 0.79 | 0.88 | -0.48 |
| Rank within category | 2 | 6 | 1 | 1 | 7 | 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 31-Dec-2019
| The underlying data is unavailable. |
As on 31-Dec-2019
— 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:
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The Scheme seeks to provide returns that closely correspond to returns provided by SBI Gold Exchange Traded Scheme (SBI GETS).
| 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 |
| Exit Load | 1% for redemption within 365 days |
| Fund House: | SBI Mutual Fund |
| Launch Date: | 01-Jan-2013 |
| Return Since Launch: | 2.60% |
| Benchmark: | Domestic Price of Gold |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 397 Cr (As on 31-Dec-2019) |
| Expense: | 0.12% (As on 31-Dec-2019) |
| Risk Grade: | Below Average |
| Return Grade: | Above Average |
| Turnover: | -- |
Fundwire - 12-Jul-2016
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: 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
Saturday, 25-Jan-2020
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