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Unrated

Nippon India ETF Gold BeES


1 Lakh

Investment Grown to
₹ 1.02 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 -4.37 0.27 0.53 4.00 1.39 -5.80 1.53 14.05 8.47 7.07 6.89
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 4 12 15 8 2 1 5 9 8 3 6
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)
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 1.53 14.05 8.47 0.82 5,716
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
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 1.40 13.87 8.56 0.62 2,287

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) 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 13.82 14.92 0.63 1.17 0.98 -0.68
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 8 8 5 13 12 11
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
up Others Gold -- - 98.72
equal Others Margin Money -- - 0.00

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

— Mehul Dama since 06-Nov-2018

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

Experience: Prior to joining Nippon India 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:


0.27%

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

IDCW: ₹ 41.8530


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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 08-Mar-2007
Return Since Launch: 11.09%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 5,716 Cr (As on 30-Apr-2021)
Expense: 0.82% (As on 30-Apr-2021)
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

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