LIC MF Gold ETF FOF Fund Direct Growth

LIC MF Gold ETF FOF Fund Direct Growth

NAV as on 29-04-2025

₹ 26.57

-1.1%

1D

Inception Returns

8.2%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
4878 people have invested ₹ 5.1Cr in LIC MF Gold ETF FOF Fund Direct Growth in the last three months

About LIC MF Gold ETF FOF Fund Direct Growth

LIC MF Gold ETF FOF Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sumit Bhatnagar. This fund gives you the benefit of diversification.

Key Parameters

  1. LIC MF Gold ETF FOF Fund Direct Growth has ₹104 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

LIC MF Gold ETF FOF Fund Direct Growth has given a CAGR return of 8.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 30.22%, 21.84% and 14.04% respectively.

Holdings

LIC MF Gold ETF FOF Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are LIC MF Gold ETF

Taxation

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

Investment objective of LIC MF Gold ETF FOF Fund Direct Growth

The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by LIC MF Gold Exchange Traded Fund.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 200.00. LIC MF Gold ETF FOF Fund Direct Growth has no lock in period.

LIC MF Gold ETF FOF Fund Direct Growth Overview

Expense ratio0.2%
Benchmark
Domestic Price of Gold
AUM₹104 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹200
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
19.05%
STCGIf held for less than 24 months - slab rates.
LTCGIf held for more than 24 months - 12.5% without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (29-Apr-25)

Period
LIC MF Gold ETF FOF Fund Direct Growth
Gold Price
1M
6.2%
5.5%
3M
17.7%
13.7%
6M
20.7%
14.2%
1Y
30.2%
26.7%
3Y
21.8%
19.3%
5Y
14%
13.6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 2.4%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Cash Equivalent
100%
  • Equity

Holdings
Weight%
1M Change
LIC MF Gold ETF
LIC MF Gold ETF
99.1%
6%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
LIC MF Gold ETF FOF Fund Direct Growth
LIC MF Gold ETF FOF Fund Direct Growth
30.22%
21.84%
14.04%
8.16%
Aditya Birla Sun Life Gold Fund Direct Plan Growth
Aditya Birla Sun Life Gold Fund Direct Plan Growth
34.14%
21.19%
13.69%
8.6%
Kotak Gold Fund Growth - Direct
Kotak Gold Fund Growth - Direct
33.41%
20.8%
13.69%
8.58%
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth
33.32%
21.03%
13.03%
8.56%
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Sumit Bhatnagar
Sumit Bhatnagar
Fund Manager of LIC MF Gold ETF FOF Fund Direct Growth, since 1 June 2024
Fund House
LIC Mutual Fund Asset Management Limited
Total Schemes
Total AUM
₹29.68K Cr
as on 31-Mar-2025
Address
LIC Mutual Fund Asset Management Limited,4th Floor, Industrial Assurance Building,,Opp. Churchgate Station,
Phone
+91022-66016000
Website
licmfamc@licmutual.com

Mutual Fund Insights

Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, this fund has outperformed all funds in its category.
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Over the last 3 months, this fund has experienced a 44.7% growth in AUM moving from 71.63 Cr to 103.66 Cr.
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This fund has one of the lowest expense ratio in the category (sector - precious metals). Its expense ratio is 0.2% which is lower than the category average expense ratio of 0.58%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.

LIC MF Gold ETF FOF Fund Direct Growth 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 8.16% since inception which is less than its category average return of 20.68%
AUM size ₹104 Cr

AUM size ₹104 Cr

This fund has AUM of ₹104 Cr which is less than its category average of ₹ 1021 Cr
Expense Ratio 0.2%

Expense Ratio 0.2%

This fund has an expense ratio of 0.2% which is less than its category average expense ratio of 0.5%

Frequently Asked Questions for LIC MF Gold ETF FOF Fund Direct Growth

The current NAV of LIC MF Gold ETF FOF Fund Direct Growth is ₹26.57 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
LIC MF Gold ETF FOF Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.17%
6.17%
6 Month Returns
20.65%
20.65%
1 Year Returns
30.22%
30.22%
3 Years Returns
80.86%
21.84%
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.
0.2% as on March 2025
₹104 Cr as on March 2025
Sumit Bhatnagar is the fund manager of LIC MF Gold ETF FOF Fund Direct Growth
The Exit load of LIC MF Gold ETF FOF Fund Direct Growth is 1%