ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl

Others
Direct
Sector - Precious Metals
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl

About the Fund

ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Manish Banthia, Nishit Patel. This fund gives you the benefit of diversification.

Key Parameters

  1. ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl has ₹966 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) Direct Plan Reinvestment of Income Dist cum Cap Wdrl has given a CAGR return of 6.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.07%, 13.04% and 15.63% respectively.

Holdings

ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl 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) Direct Plan Reinvestment of Income Dist cum Cap Wdrl

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) Direct Plan Reinvestment of Income Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
23 people have invested ₹ 75.3K in ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl in the last three months

Fund Overview

Expense ratio0.59%
Benchmark
Domestic Price of Gold
AUM₹966 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
15.62%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 1.8%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
100%

as on (31-May-24)

  • Equity

Holdings
Weight%
1M Change
ICICI Pru Gold ETF
ICICI Pru Gold ETF
99.94%
2.1%

Manish Banthia
Manish Banthia
Fund Manager of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl, since 27 September 2012
Nishit Patel
Nishit Patel
Fund Manager of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl, since 29 December 2020

ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl 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 6.57% since inception which is less than its category average return of 13.39%
AUM size ₹966 Cr

AUM size ₹966 Cr

This fund has AUM of ₹966 Cr which is more than its category average of ₹ 697 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 0.55%

Frequently Asked Questions

The current NAV of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl is ₹23.42 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
-0.85%
-0.85%
6 Month Returns
14.59%
14.59%
1 Year Returns
20.07%
20.07%
3 Years Returns
44.43%
13.04%
5 Years Returns
106.71%
15.63%
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 May 2024
₹966 Cr as on May 2024
Manish Banthia, Nishit Patel are the fund managers of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl
The Exit load of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Reinvestment of Income Dist cum Cap Wdrl is 1%