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Unrated

UTI Gold Exchange Traded Fund


1 Lakh

Investment Grown to
₹ 1.01 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.17 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
Fund -4.86 0.28 0.54 4.44 1.21 -6.28 0.86 13.88 8.45 6.97 6.90
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
Commodities: Gold -4.79 0.31 0.56 3.42 0.78 -6.24 0.92 13.84 8.33 6.34 6.77
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

Peer Comparison

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
Unrated
Mar-07 0.86 13.88 8.45 1.14 596
HDFC Gold Fund  | Invest Online
4 star
Nov-11 0.07 13.64 8.37 0.50 1,150
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 0.36 14.13 8.71 0.56 897
ICICI Prudential Regular Gold Savings Fund (FOF)  | Invest Now
4 star
Oct-11 -0.55 13.37 8.22 0.53 507
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 1.53 14.05 8.47 0.82 5,716

Best & Worst Performance

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

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 13.61 15.05 0.61 1.11 1.00 -1.03
Domestic Price of Gold 14.67 15.09 0.68 1.27 -- --
Commodities: Gold 13.67 15.11 0.62 1.22 0.97 -0.71
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

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Others Gold -- - 99.92

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2021

Fund Manager

— Rajeev Gupta since 02-Jul-2018

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).

— Sharwan Kumar Goyal since 01-Jan-2021

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.

Funds Managed:


0.28%

Change from previous, NAV as on 14-May-2021

IDCW: ₹ 41.8696


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 20,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 12-Mar-2007
Return Since Launch: 11.10%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 596 Cr (As on 30-Apr-2021)
Expense: 1.14% (As on 30-Sep-2020)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

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

Fax: 022-26523031

Email: [email protected]

Website: http://www.utimf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over