LIC MF Gold ETF FOF Fund Direct Growth

Others

Direct

Sector - Precious Metals

About the Fund

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 . This fund gives you the benefit of diversification.

Key Parameters

LIC MF Gold ETF FOF Fund Direct Growth has ₹55 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.

Returns

LIC MF Gold ETF FOF Fund Direct Growth has given a CAGR return of 6.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.09%, 13.70% and 13.98% 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 1000.00. LIC MF Gold ETF FOF Fund Direct Growth has no lock in period.

Fund Performance

953 people have invested ₹ 60.2L in LIC MF Gold ETF FOF Fund Direct Growth in the last three months

Fund Overview

Expense ratio	0.26%
Benchmark	Domestic Price of Gold
AUM	₹55 Cr
Inception Date	1 January, 2013
Min Lumpsum/SIP	₹5000/₹1000
Exit Load	1%
Lock In	No Lock-in
TurnOver	19.05%
Risk	High Risk

Fund Distribution
as on (31-Dec-69)

Debt & Cash 1.2%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent

100%

as on (30-Jun-24)

Equity

Holdings	Weight%		1M Change
LIC MF Gold ETF	99.54%		1.2%

Returns %
Fund Ratios
Overview

Funds	1Y Returns	3Y Returns	5Y Returns	Since Inception
LIC MF Gold ETF FOF Fund Direct Growth	19.1%	13.7%	14%	6.2%
HDFC Gold Fund-Direct Plan-Growth	18.9%	13.3%	14.2%	6.4%
Invesco India GoldETF fund of Fund Direct Plan Growth	18.4%	13.3%	14.3%	6.3%
SBI Gold Fund Direct Plan Growth	18.3%	13.3%	14.5%	6.4%

See all

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 0.58%.

In the last 1 year, this fund has outperformed all funds in its category.

In the last 5 years, SBI Gold Fund Direct Plan Growth has given 14.52% return, outperforming this fund by 0.54% per annum.