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Unrated

Kotak Gold ETF Fund


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.39 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.40 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 23.75 1.36 -0.17 5.08 7.60 18.48 38.53 19.19 12.04 8.14 9.04
Domestic Price of Gold 22.62 0.27 -0.66 3.00 6.43 18.81 39.67 19.74 12.68 9.10 10.09
Commodities: Gold 23.90 1.25 -0.06 4.66 7.25 18.50 39.31 18.86 11.86 7.89 9.09
Rank within category 13 11 12 13 8 12 13 6 8 8 6
Number of funds in category 21 21 21 21 21 21 21 21 21 21 6

As on 08-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Gold ETF Fund  | Invest Online
Unrated
Jul-07 38.53 19.19 12.04 0.55 1,026
HDFC Gold Fund  | Invest Online
4 star
Nov-11 40.54 18.88 11.88 0.60 663
Kotak Gold Fund Regular Plan  | Invest Online
4 star
Mar-11 42.84 19.10 12.67 0.50 453
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 38.35 19.04 12.07 0.79 3,996
HDFC Gold Exchange Traded Fund  | Invest Online
Unrated
Aug-10 37.86 18.88 12.09 0.40 1,438

Best & Worst Performance

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)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 17.18 11.96 0.99 1.63 1.00 -0.87
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 11 11 11 15 18 15
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 31-May-2020

Fund Manager

— 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:


1.36%

Change from previous, NAV as on 08-Jul-2020

Dividend: ₹ 427.9895


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 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) --
Minimum SIP Investment (₹) --
Minimum No of Cheques --
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 27-Jul-2007
Return Since Launch: 12.99%
Benchmark: Domestic Price of Gold
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,026 Cr (As on 31-May-2020)
Expense: 0.55% (As on 31-May-2020)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

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

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