Nippon India Gold Savings Fund - Direct Plan - Growth
Nippon India Gold Savings Fund - Direct Plan - Growth

Nippon India Gold Savings Fund - Direct Plan - Growth

Others
Direct
Sector - Precious Metals

NAV: ₹ 23.8 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
7382 people have invested ₹ 2.5Cr in mutual fund in the last three months

Fund Insights

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In the last 1 year, Axis Gold Fund Direct Plan Growth option has given 18.34% return, outperforming this fund by 0.66%

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In the last 3 years, Axis Gold Fund Direct Plan Growth option has given 11.65% return, outperforming this fund by 0.53% per annum

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In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 13.28% return, outperforming this fund by 0.76% per annum

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
3.3%
12.1%
9.7%
17.7%
11.1%
12.5%
Benchmark
1.3%
11.7%
11.2%
16.1%
11.3%
12.7%
About the Fund

Nippon India Gold Savings Fund - Direct Plan - Growth is a hybrid fund. This fund was started on  1 January, 2013. The fund is managed by Mehul Dama. This fund gives you the benefit of diversification.

Key parameters

1) Nippon India Gold Savings Fund - Direct Plan - Growth has a NAV of 23.8285 as on 08-02-2023.

2) Nippon India Gold Savings Fund - Direct Plan - Growth has 1493 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.99 %.

Fund Overview

Expense ratio
Expense ratio
0.99%
Benchmark
Benchmark
Domestic Price of Gold
AUM
AUM
₹1493 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
3.59%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 1.3%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

100%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings1
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
Nippon India ETF Gold BeES
Nippon India ETF Gold BeES
99.91%
-2.7%

Fund Manager

Mehul Dama

Mehul Dama

Fund Manager of Nippon India Gold Savings Fund - Direct Plan - Growth, since 6 November 2018

AMC details

Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹2.28L Cr
as on 31-Dec-2022
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Email
customercare@nipponindiaim.in

Fund Highlights

Risk meter
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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 5.09% since inception which is less than its category average return of 8.69%
AUM size ₹1493 Cr

AUM size ₹1493 Cr

This fund has AUM of ₹1493 Cr which is more than its category average of ₹ 569 Cr
Expense Ratio 0.99%

Expense Ratio 0.99%

This fund has an expense ratio of 0.99% which is more than its category average expense ratio of 0.55%

Frequently Asked Questions

The current NAV of Nippon India Gold Savings Fund - Direct Plan - Growth is 23.77 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Nippon India Gold Savings Fund - Direct Plan - Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.29%
3.29%
6 Month Returns
9.65%
9.65%
1 Year Returns
17.68%
17.68%
3 Years Returns
37.18%
11.11%
5 Years Returns
80.41%
12.53%
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.
0.99 as on January 2023
1493 Cr as on January 2023
Mehul Dama is the fund manager of Nippon India Gold Savings Fund - Direct Plan - Growth
The Exit load of Nippon India Gold Savings Fund - Direct Plan - 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.