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Unrated

UTI Gold Exchange Traded Fund


1 Lakh

Investment Grown to
₹ 1.42 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.41 Lakh

Analyst's Choice?

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

  • 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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 14.86 2.34 3.24 0.72 11.32 16.60 41.60 14.73 9.99 5.37 9.50
Domestic Price of Gold 12.56 1.47 0.71 4.53 10.37 14.21 41.01 15.00 10.77 5.97 10.25
Commodities: Gold 15.27 2.20 3.44 1.47 11.63 17.28 41.57 14.51 9.62 5.06 9.44
Rank within category 11 4 7 13 11 12 10 5 4 4 1
Number of funds in category 19 19 19 19 19 19 19 19 19 19 6

As on 07-Apr-2020

Best & Worst Performance

Best (Period) Worst (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 13.72 11.64 0.70 1.18 1.00 -0.81
Domestic Price of Gold 14.57 11.68 0.77 1.32 -- --
Commodities: Gold 13.45 11.28 0.70 1.22 0.94 -0.58
Rank within category 6 15 9 12 17 13
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 31-Mar-2020

Top Holdings

The underlying data is unavailable.

As on 29-Feb-2020

Fund Manager

— Kamal Gada since 02-Jul-2018

Education: Mr. Gada is B.com, CA, CS, & CFA

Experience: Prior to joining UTI Mutual Fund he has worked with BPCL as Senior Accounts Officer.

Funds Managed:


2.34%

Change from previous, NAV as on 07-Apr-2020

Dividend: ₹ 4,011.3601


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 (₹) --
Exit Load 0

Basic Details

Fund House: UTI Mutual Fund
Launch Date: 12-Mar-2007
Return Since Launch: 11.73%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 501 Cr (As on 29-Feb-2020)
Expense: 1.12% (As on 30-Sep-2019)
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: 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

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

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