1 LakhInvestment Grown to
₹ 10000Monthly SIP Declined to
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:
|Domestic Price of Gold||-4.73||-0.19||1.97||3.50||1.21||-5.28||1.96||14.84||9.52||8.07||8.09|
|Rank within category||14||7||8||1||11||14||14||13||10||6||5|
|Number of funds in category||21||21||21||21||21||21||21||21||21||21||11|
As on 14-May-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|UTI Gold Exchange Traded Fund | Read More||Mar-07||0.86||13.88||8.45||1.14||596|
|HDFC Gold Fund | Invest Online||Nov-11||0.07||13.64||8.37||0.50||1,150|
|Kotak Gold Fund Regular Plan | Invest Online||Mar-11||0.36||14.13||8.71||0.56||897|
|ICICI Prudential Regular Gold Savings Fund (FOF) | Invest Now||Oct-11||-0.55||13.37||8.22||0.53||507|
|Nippon India ETF Gold BeES | Invest Online||Mar-07||1.53||14.05||8.47||0.82||5,716|
|Best Performance||Worst Performance|
|Return (%)||Period||Return (%)||Period|
|Week||19.41||11-Sep-2008 - 18-Sep-2008||-13.18||10-Apr-2013 - 17-Apr-2013|
|Month||27.69||10-Sep-2008 - 10-Oct-2008||-20.98||10-Oct-2008 - 11-Nov-2008|
|Quarter||33.99||17-Dec-2007 - 17-Mar-2008||-19.38||04-Sep-2013 - 04-Dec-2013|
|Year||55.09||16-Jul-2007 - 15-Jul-2008||-19.98||28-Aug-2013 - 28-Aug-2014|
|Domestic Price of Gold||14.67||15.09||0.68||1.27||--||--|
|Rank within category||14||15||14||20||20||20|
|Number of funds in category||21||21||21||21||21||21|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Apr-2021
|Company||Instrument||Credit Rating||1Y Range||% Assets|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Apr-2021
Education: Mr. Gupta is a MBA, M.Com, CAIIB-I, Certificate Examination of IIB for the Employees of UTI
Experience: He joined UTI AMC in 1989 and is presently heading Dealing Section (Department of Funds Management) of UTI Mutual Fund since 2005. He is responsible for execution of investment decisions, investment monitoring and corporate actions. Prior to this assignment, he was actively involved in SUUTI’s funds management, resource mobilization and product development for 4 years (2001-2005). He headed one of the UTI Branches for 7 years (1995- 2001) and managed marketing of MF products' and handled branch operations for 4 years (1991 to 1995).
Education: Mr.Goyal is B.Com, CFA and MMS.
Experience: He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The investment objective of the fund is to endeavour to provide returns that before expenses closely track the performance and yield of gold. The performance of the scheme may differ from that of the underlying asset due to tracking error.
|Minimum Investment (₹)||20,000|
|Minimum Addl Investment (₹)||--|
|Minimum SIP Investment (₹)||--|
|Minimum No of Cheques||--|
|Minimum Withdrawal (₹)||--|
|Minimum Balance (₹)||--|
|Lock-in Period||Not Applicable|
|Fund House:||UTI Mutual Fund|
|Return Since Launch:||11.10%|
|Benchmark:||Domestic Price of Gold|
|Assets:||₹ 596 Cr (As on 30-Apr-2021)|
|Expense:||1.14% (As on 30-Sep-2020)|
Fund News - 17-Mar-2021
AMC: UTI Asset Management Company Ltd
Address: UTI Tower, 'GN' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051
Phone: 022- 66786666 / 66786354 / 1800-22-1230
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]