349.4557
486.3527
1
1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
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
Dividends
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| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -2.16 | -0.04 | 0.64 | -1.62 | -3.84 | -4.33 | 20.77 | 16.13 | 11.81 | 7.25 | 8.35 |
| Domestic Price of Gold | -2.14 | -0.61 | -0.02 | -1.97 | -4.10 | -1.90 | 22.12 | 17.54 | 12.92 | 8.58 | 9.25 |
| Commodities: Gold | -2.08 | -0.20 | 0.45 | -1.79 | -3.85 | -4.34 | 20.80 | 16.00 | 11.90 | 6.54 | 8.34 |
| Rank within category | 11 | 6 | 8 | 5 | 10 | 9 | 13 | 9 | 13 | 6 | 6 |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 9 |
As on 25-Jan-2021
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| Kotak Gold ETF Fund | Invest Online | Jul-07 | 20.77 | 16.13 | 11.81 | 0.55 | 1,591 | |
| HDFC Gold Fund | Invest Online |  |
Nov-11 | 21.58 | 15.87 | 11.91 | 0.59 | 1,055 |
| Kotak Gold Fund Regular Plan | Invest Online | |
Mar-11 | 21.36 | 16.58 | 12.25 | 0.51 | 794 |
| ICICI Prudential Regular Gold Savings Fund (FOF) | Invest Now |  |
Oct-11 | 20.86 | 15.73 | 11.81 | 0.53 | 439 |
| Nippon India ETF Gold BeES | Invest Online | Mar-07 | 21.21 | 16.17 | 11.90 | 0.82 | 5,411 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 19.37 (11-Sep-2008 - 18-Sep-2008) | -13.19 (10-Apr-2013 - 17-Apr-2013) |
| Month | 27.64 (10-Sep-2008 - 10-Oct-2008) | -20.97 (10-Oct-2008 - 11-Nov-2008) |
| Quarter | 33.90 (17-Dec-2007 - 17-Mar-2008) | -19.41 (04-Sep-2013 - 04-Dec-2013) |
| Year | 52.17 (09-Oct-2007 - 08-Oct-2008) | -20.02 (28-Aug-2013 - 28-Aug-2014) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 18.00 | 13.62 | 0.97 | 1.68 | 0.99 | -0.53 |
| Domestic Price of Gold | 18.62 | 13.68 | 1.01 | 1.76 | -- | -- |
| Commodities: Gold | 17.87 | 13.79 | 0.95 | 1.75 | 0.97 | -0.34 |
| Rank within category | 6 | 11 | 8 | 14 | 16 | 14 |
| 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-Dec-2020
| Company | Instrument | Credit Rating | 1Y Range | % Assets | |
|---|---|---|---|---|---|
|
Others | Gold | -- | - | 98.14 |
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2020
— Abhishek Bisen since 15-Apr-2008
Education: Mr. Bisen is a BA and MBA in Finance.
Experience: Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Funds Managed:
— Satish Dondapati since 09-May-2019
Education: Mr. Dondapati has done MBA Finance
Experience: Prior to joining Kotak Mutual fund he has worked with Centurian Bank Of Punjab, Bajaj Capital Ltd.
Funds Managed:
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The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold in domestic market. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | -- |
| Minimum SIP Investment (₹) | -- |
| Minimum No of Cheques | -- |
| Minimum Withdrawal (₹) | -- |
| Minimum Balance (₹) | -- |
| Exit Load | 0 |
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 27-Jul-2007 |
| Return Since Launch: | 12.43% |
| Benchmark: | Domestic Price of Gold |
| Riskometer: | Moderately High |
| Type: | Open-ended |
| Assets: | ₹ 1,591 Cr (As on 31-Dec-2020) |
| Expense: | 0.55% (As on 31-Dec-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Turnover: | -- |
Fund News - 01-Apr-2015
House Voice - 13-Dec-2012
Fundwire - 24-Nov-2008
Fundwire - 21-Nov-2007
AMC: Kotak Mahindra Asset Management Company Ltd
Address: 27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E) Mumbai - 400051
Phone: 022-61152100 / 1800-22-2626
Fax: 022-66384455
Email: [email protected]
Website: http://www.kotakmutual.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com
Friday, 29-Jan-2021
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