LIC Gold Etf Fund Of Fund - Direct Plan - Growth
Others
Direct
Sector - Precious Metals
NAV: ₹ 16.6 as on 22-09-2023
Fund Performance
432 people have invested ₹ 11.4L in LIC Gold Etf Fund Of Fund - Direct Plan - Growth in the last three months
Fund Insights
In the last 3 years, Axis Gold Fund Direct Plan Growth option has given 4.81% return, outperforming this fund by 0.03% per annum.
In the last 1 year, Aditya Birla Sun Life Silver ETF Fund of Fund Direct Growth has given 25.83% return, outperforming this fund by 7.73%.
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 0.6%.
Over the last 3 months, this fund has experienced a 4.3% drop in AUM moving from 46.06 Cr to 44.06 Cr.
In the last 5 years, Kotak Gold Fund Growth - Direct has given 13.17% return, outperforming this fund by 0.35% per annum.
About the Fund
LIC Gold Etf Fund Of Fund - Direct Plan - 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 Gold Etf Fund Of Fund - Direct Plan - Growth has ₹44 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 Gold Etf Fund Of Fund - Direct Plan - Growth Overview
 | 0.26% |
 Benchmark | Domestic Price of Gold |
 | ₹44 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 19.05% |
Fund Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of LIC Gold Etf Fund Of Fund - Direct Plan - Growth as on (31-Aug-23)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 LIC MF Gold ETF | 99.64% | -1.6% |
Peer Analysis
Fund 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 4.84% since inception which is less than its category average return of 9.43%
AUM size ₹44 Cr
This fund has AUM of ₹44 Cr which is less than its category average of ₹ 596 Cr
Expense Ratio 0.26%
This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.56%
Frequently Asked Questions
The current NAV of LIC Gold Etf Fund Of Fund - Direct Plan - Growth is ₹16.59 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
LIC Gold Etf Fund Of Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.84% | 0.84% |
6 Month Returns | 0.07% | 0.07% |
1 Year Returns | 18.1% | 18.1% |
3 Years Returns | 15.03% | 4.78% |
5 Years Returns | 82.79% | 12.82% |
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 August 2023
₹44 Cr as on August 2023
The Exit load of LIC Gold Etf Fund Of Fund - Direct Plan - Growth is 1%