ICICI Prudential Regular Gold Savings Fund FOF

ICICI Prudential Regular Gold Savings Fund FOF

Others

Direct

Sector - Precious Metals

NAV as on 06-12-2024

₹ 24.73

Inception Returns

6.8%

/yr

About ICICI Prudential Regular Gold Savings Fund FOF

ICICI Prudential Regular Gold Savings Fund FOF is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Nishit Patel, Manish Banthia. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Regular Gold Savings Fund FOF has ₹1325 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

ICICI Prudential Regular Gold Savings Fund FOF has given a CAGR return of 6.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.32%, 15.96% and 13.68% respectively.

Holdings

ICICI Prudential Regular Gold Savings Fund FOF has allocated its funds majorly in Cash Equivalent. Its top holdings are ICICI Pru Gold ETF

Taxation

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

Investment objective of ICICI Prudential Regular Gold Savings Fund FOF

ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold ETF (IPru Gold ETF). However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Regular Gold Savings Fund FOF has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
9343 people have invested ₹ 4.9Cr in ICICI Prudential Regular Gold Savings Fund FOF in the last three months

ICICI Prudential Regular Gold Savings Fund FOF Overview

Expense ratio0.59%
Benchmark
Domestic Price of Gold
AUM₹1325 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
15.62%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (06-Dec-24)

Period
ICICI Prudential Regular Gold Savings Fund FOF
Gold Price
1M
-3%
-2.9%
3M
5.7%
7.4%
6M
5.6%
4.4%
1Y
21.3%
21%
3Y
16%
16.1%
5Y
13.7%
13.8%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 1.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
100%
  • Equity

Holdings
Weight%
1M Change
ICICI Pru Gold ETF
ICICI Pru Gold ETF
99.92%
8.9%
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Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Regular Gold Savings Fund FOF, since 29 December 2020
Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Regular Gold Savings Fund FOF, since 27 September 2012
Fund House
ICICI Prudential Asset Management Company Limited
Total Schemes
Total AUM
₹8.35L Cr
as on 31-Oct-2024
Address
ICICI Prudential Asset Mgmt.Company Limited,3rd Floor, Hallmark Business Plaza,,Sant Dyaneshwar Marg,,Bandra (East)
Phone
+912226428000
Website
investor.helpdesk@hdfcbank.com

Mutual Fund Insights

Insights icon
In the last 5 years, HDFC Gold ETF Fund of Fund Direct Plan-Growth has given 13.95% return, outperforming this fund by 0.27% per annum.
Insights icon
In the last 3 years, SBI Gold Fund Direct Plan Growth has given 16.13% return, outperforming this fund by 0.16% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 41.0% growth in AUM moving from 939.59 Cr to 1.32K Cr.
Insights icon
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 21.58% return, outperforming this fund by 0.26%.

ICICI Prudential Regular Gold Savings Fund FOF 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 6.79% since inception which is less than its category average return of 16.14%
AUM size ₹1325 Cr

AUM size ₹1325 Cr

This fund has AUM of ₹1325 Cr which is more than its category average of ₹ 830 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is more than its category average expense ratio of 0.49%

Frequently Asked Questions for ICICI Prudential Regular Gold Savings Fund FOF

The current NAV of ICICI Prudential Regular Gold Savings Fund FOF is ₹24.73 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
ICICI Prudential Regular Gold Savings Fund FOF
Absolute Returns
CAGR Returns
1 Month Returns
-3.02%
-3.02%
6 Month Returns
5.6%
5.6%
1 Year Returns
21.32%
21.32%
3 Years Returns
55.94%
15.96%
5 Years Returns
89.87%
13.68%
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.
0.59% as on November 2024
₹1325 Cr as on November 2024
Nishit Patel, Manish Banthia are the fund managers of ICICI Prudential Regular Gold Savings Fund FOF
The Exit load of ICICI Prudential Regular Gold Savings Fund FOF is 1%