Aditya Birla Sun Life Gold Fund Direct Growth

Others
Direct
Sector - Precious Metals
Aditya Birla Sun Life Gold Fund Direct Growth

About the Fund

Aditya Birla Sun Life Gold Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. Aditya Birla Sun Life Gold Fund Direct Growth has ₹349 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Aditya Birla Sun Life Gold Fund Direct Growth has given a CAGR return of 6.77% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.31%, 14.24% and 14.84% respectively.

Holdings

Aditya Birla Sun Life Gold Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are Aditya BSL Gold ETF

Taxation

As it is a sector - precious metals mutual fund the taxation is as follows:
Unknown asset type.

Investment objective of Aditya Birla Sun Life Gold Fund Direct Growth

An Open ended Fund of Funds Scheme with the investment objective to provide returns that tracks returns provided by Aditya Birla Sun Life Gold ETF (ABSL Gold ETF).

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Aditya Birla Sun Life Gold Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2298 people have invested ₹ 84.9L in Aditya Birla Sun Life Gold Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.69%
Benchmark
Domestic Price of Gold
AUM₹349 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
71.52%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 2.1%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
100%

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Aditya BSL Gold ETF
Aditya BSL Gold ETF
99.7%
0.2%

Mutual Fund Insights

Insights icon
In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 15.41% return, outperforming this fund by 0.57% per annum.
Insights icon
In the last 3 years, Axis Gold Fund Direct Plan Growth option has given 14.85% return, outperforming this fund by 0.6% per annum.
Insights icon
In the last 1 year, ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth has given 23.35% return, outperforming this fund by 1.04%.

Aditya Birla Sun Life Gold Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.77% since inception which is less than its category average return of 18.07%
AUM size ₹349 Cr

AUM size ₹349 Cr

This fund has AUM of ₹349 Cr which is less than its category average of ₹ 665 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is more than its category average expense ratio of 0.51%

Frequently Asked Questions

The current NAV of Aditya Birla Sun Life Gold Fund Direct Growth is ₹22.66 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Aditya Birla Sun Life Gold Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.92%
2.92%
6 Month Returns
17.38%
17.38%
1 Year Returns
22.31%
22.31%
3 Years Returns
49.11%
14.24%
5 Years Returns
99.73%
14.84%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.69% as on June 2024
₹349 Cr as on June 2024
The Exit load of Aditya Birla Sun Life Gold Fund Direct Growth is 1%