IDBI Gold Fund Direct Growth
IDBI Gold Fund Direct Growth

IDBI Gold Fund Direct Growth

Others
Direct
Sector - Precious Metals

NAV: ₹ 16 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
202 people have invested ₹ 7.5L in mutual fund in the last three months

Fund Insights

In the last 1 year, SBI Gold Fund Direct Plan Growth has given 17.09% return, outperforming this fund by 0.22%

In the last 3 years, Axis Gold Fund Direct Plan Growth option has given 11.3% return, outperforming this fund by 0.54%

In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 12.8% return, outperforming this fund by 0.78%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
4.3%
12.3%
12.1%
16.9%
10.8%
12%
Benchmark
2.2%
14.2%
14.7%
16.6%
11%
12.4%
About the Fund

IDBI Gold Fund Direct Growth is a hybrid fund. This fund was started on  1 January, 2013. The fund is managed by Khozem Jabalpurwala. This fund gives you the benefit of diversification.

Key parameters

1) IDBI Gold Fund Direct Growth has a NAV of 16.0298 as on 27-01-2023.

2) IDBI Gold Fund Direct Growth has 42 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.26 %.

Fund Overview

Expense ratio
Expense ratio
0.26%
Benchmark
Benchmark
Domestic Price of Gold
AUM
AUM
₹42 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
30.49%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 0.3%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

100%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings1
Debt Holdings1
Holdings
Weight%
Holdings Trend
1M Change
icon
IDBI Gold ETF
99.85%
-1.5%

Fund Manager

Khozem Jabalpurwala

Khozem Jabalpurwala

Fund Manager of IDBI Gold Fund Direct Growth, since 1 July 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
IDBI Gold Fund Direct Growth
11.39%
11.55%

AMC details

Fund House
IDBI Asset Management Limited
Total Schemes
Total AUM
₹3.78K Cr
as on 31-Dec-2022
Address
IDBI Asset Management Ltd.,5th floor, Mafatlal Centre,,Nariman Point,
Phone
+912266442800
Email
contactus@idbimutual.co.in

Fund Highlights

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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 4.8% since inception which is less than its category average return of 8.98%
AUM size ₹42 Cr

AUM size ₹42 Cr

This fund has AUM of ₹42 Cr which is less than its category average of ₹ 563 Cr
Expense Ratio 0.26%

Expense Ratio 0.26%

This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of IDBI Gold Fund Direct Growth is 16.03 as on 27-Jan-2023.
Existing (Absolute + CAGR)
IDBI Gold Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.28%
4.28%
6 Month Returns
12.11%
12.11%
1 Year Returns
16.87%
16.87%
3 Years Returns
35.85%
10.75%
5 Years Returns
76.4%
12.02%
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.
0.26 as on December 2022
42 Cr as on December 2022
Khozem Jabalpurwala is the fund manager of IDBI Gold Fund Direct Growth
The Exit load of IDBI Gold Fund Direct Growth is 1%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.