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Unrated

Nippon India ETF Gold BeES


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.39 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.42 Lakh

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 24.15 -0.25 1.59 2.78 6.89 23.05 38.70 19.48 12.20 7.98 9.05
Domestic Price of Gold 25.04 -0.04 2.25 3.02 5.69 23.75 40.34 20.66 13.29 9.03 10.16
Commodities: Gold 24.41 -0.16 1.66 2.73 3.93 23.27 39.42 19.30 12.02 7.69 9.08
Rank within category 15 16 18 10 4 15 14 11 7 5 4
Number of funds in category 21 21 21 21 21 21 21 21 21 21 6

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 38.70 19.48 12.20 0.79 4,206
HDFC Gold Fund  | Invest Online
4 star
Nov-11 40.41 19.02 12.07 0.45 663
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 41.82 19.55 12.55 0.50 509
ICICI Prudential Gold Exchange Traded Fund  | Invest Now
Unrated
Aug-10 38.11 19.21 11.94 0.98 1,468
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 38.14 19.32 12.22 0.64 1,438

Best & Worst Performance

Best (Period) Worst (Period)
Week 19.37 (11-Sep-2008 - 18-Sep-2008) -13.09 (10-Apr-2013 - 17-Apr-2013)
Month 27.62 (10-Sep-2008 - 10-Oct-2008) -20.96 (10-Oct-2008 - 11-Nov-2008)
Quarter 33.92 (17-Dec-2007 - 17-Mar-2008) -19.26 (04-Sep-2013 - 04-Dec-2013)
Year 54.92 (16-Jul-2007 - 15-Jul-2008) -19.81 (28-Aug-2013 - 28-Aug-2014)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 16.78 11.79 0.97 1.61 0.98 -1.07
Domestic Price of Gold 18.09 12.00 1.07 1.77 -- --
Commodities: Gold 17.13 12.05 0.98 1.72 0.96 -0.44
Rank within category 19 4 15 18 12 19
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-Jun-2020

Top Holdings

The underlying data is unavailable.

As on 30-Jun-2020

Fund Manager

— Mehul Dama since 06-Nov-2018

Education: Mr. Dama has done C.A. & B.Com

Experience: Prior to joining Reliance Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.

Funds Managed:


-0.25%

Change from previous, NAV as on 14-Jul-2020

Dividend: ₹ 43.0511


Investment Strategy

The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors.

Investment Details

Minimum Investment (₹) 10,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) 100
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 08-Mar-2007
Return Since Launch: 12.06%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 4,206 Cr (As on 30-Jun-2020)
Expense: 0.79% (As on 30-Jun-2020)
Risk Grade: --
Return Grade: --
Turnover: 14.00%

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.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

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