LIC MF Gold ETF FOF Direct Growth
Others
Direct
Sector - Precious Metals
NAV: ₹ 20.13 as on 24-04-2024
Fund Performance
599 people have invested ₹ 22.4L in LIC MF Gold ETF FOF Direct Growth in the last three months
Mutual Fund Insights
In the last 3 years, this fund has outperformed all funds in its category.
This fund has one of the lowest expense ratio in the category (sector - precious metals). Its expense ratio is 0.26% which is lower than the category average expense ratio of 0.55%.
In the last 5 years, SBI Gold Fund Direct Plan Growth has given 16.95% return, outperforming this fund by 0.07% per annum.
Over the last 6 months, this fund has experienced a 16.6% growth in AUM moving from 41.92 Cr to 48.87 Cr.
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 18.24% return, outperforming this fund by 0.21%.
About the LIC MF Gold ETF FOF Direct Growth
LIC MF Gold ETF FOF 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
- LIC MF Gold ETF FOF Direct Growth has ₹49 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
LIC MF Gold ETF FOF Direct Growth Overview
 | 0.26% |
 Benchmark | Domestic Price of Gold |
 | ₹49 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 19.05% |
LIC MF Gold ETF FOF Direct Growth Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of LIC MF Gold ETF FOF Direct Growth as on (31-Mar-24)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 LIC MF Gold ETF | 99.47% | -0.4% |
Peer Analysis
LIC MF Gold ETF FOF Direct Growth Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 6.38% since inception which is less than its category average return of 11.41%
AUM size ₹49 Cr
This fund has AUM of ₹49 Cr which is less than its category average of ₹ 607 Cr
Expense Ratio 0.26%
This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions
The current NAV of LIC MF Gold ETF FOF Direct Growth is ₹20.13 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
LIC MF Gold ETF FOF Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 9.3% | 9.3% |
6 Month Returns | 18.66% | 18.66% |
1 Year Returns | 18.03% | 18.03% |
3 Years Returns | 49.71% | 14.4% |
5 Years Returns | 118.13% | 16.88% |
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 March 2024
₹49 Cr as on March 2024
The Exit load of LIC MF Gold ETF FOF Direct Growth is 1%