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Value Research Rating
Analyst’s Choice
Riskometer
High
₹64.1129 -0.02%
As on 03-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
UTI Gold Exchange Traded Fund
|
|
High
|
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0.49 |
||
|
|
High
|
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0.79 |
|||
|
|
High
|
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0.59 |
|||
|
|
High
|
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0.65 |
|||
|
|
High
|
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0.50 |
₹1,293 Cr
--
20,000
--
--
--
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.
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."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By Value Research
2 min read•By Kumar Shankar Roy
UTI Gold Exchange Traded Fund is mandated to invest its assets in physical gold and/or other mutual funds/ETFs which in turn invest in gold. Therefore, you can expect it to generate returns closely in line with the returns provided by the price of gold.
Mutual funds can be bought directly from the website of the fund house. For instance, UTI Gold Exchange Traded Fund fund can be purchased from the website of UTI Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of UTI Gold Exchange Traded Fund is ₹64.1129 as of 04-Oct-2024.
The AUM of UTI Gold Exchange Traded Fund Fund is ₹1,293 Cr as of 31-Aug-2024
The riskometer level of UTI Gold Exchange Traded Fund is High. See More
| Company | Percentage of Portfolio |
|---|---|
|
Others Gold |
99.12
|
|
Clearing Corporation of India ST Dep. |
0.00
|
As of 31-Aug-2024, UTI Gold Exchange Traded Fund had invested 99.12% in Commodities, 0.88% in Cash & Cash Eq. and 0% in Debt See More
UTI Gold Exchange Traded Fund is 17 years 7 months old. It has delivered 11.54% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
33.08%
|
16.69%
|
13.17%
|
13.33%
|
9.93%
|
11.54%
|
No, There is no lock in period in UTI Gold Exchange Traded Fund.
The expense ratio of UTI Gold Exchange Traded Fund is 0.49.
