Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option

Others
Direct
Sector - Precious Metals
Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option

About the Fund

Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option 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 Payout Inc Dist cum Cap Wdrl Option has ₹1877 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option has given a CAGR return of 6.41% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.71%, 12.83% and 15.60% respectively.

Holdings

Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option has allocated its funds majorly in Cash Equivalent. Its top holdings are Nippon India ETF Gold BeES

Taxation

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

Investment objective of Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Nippon India ETF Gold BeES.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
142 people have invested ₹ 2.2L in Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option in the last three months

Fund Overview

Expense ratio0.92%
Benchmark
Domestic Price of Gold
AUM₹1877 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
3.68%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 1.2%

Sector Allocation

May'24

Apr'24

Mar'24

Cash Equivalent
100%

as on (31-May-24)

  • Equity

Holdings
Weight%
1M Change
Nippon India ETF Gold BeES
Nippon India ETF Gold BeES
99.92%
1.2%

Mehul Dama
Mehul Dama
Fund Manager of Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option, since 6 November 2018

Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option 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 6.41% since inception which is less than its category average return of 13.39%
AUM size ₹1877 Cr

AUM size ₹1877 Cr

This fund has AUM of ₹1877 Cr which is more than its category average of ₹ 697 Cr
Expense Ratio 0.92%

Expense Ratio 0.92%

This fund has an expense ratio of 0.92% 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 Payout Inc Dist cum Cap Wdrl Option is ₹29.17 as on 18-Jun-2024.
Existing (Absolute + CAGR) as on 18-Jun-2024.
Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option
Absolute Returns
CAGR Returns
1 Month Returns
-0.97%
-0.97%
6 Month Returns
14.69%
14.69%
1 Year Returns
19.71%
19.71%
3 Years Returns
43.63%
12.83%
5 Years Returns
106.46%
15.6%
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.
0.92% as on May 2024
₹1877 Cr as on May 2024
Mehul Dama is the fund manager of Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option
The Exit load of Nippon India Gold Savings Fund Direct Plan Payout Inc Dist cum Cap Wdrl Option is 1%