Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout
Others
Direct
Sector - Precious Metals
NAV: ₹ 24.3 as on 25-09-2023
Fund Performance
146 people have invested ₹ 2.9L in Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout in the last three months
About the Fund
Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout 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
- Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout has ₹1524 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.9.
Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout Overview
 | 0.92% |
 Benchmark | Domestic Price of Gold |
 | ₹1524 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 3.68% |
Fund Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout as on (31-Aug-23)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nippon India ETF Gold BeES | 99.7% | 0% |
Peer Analysis
Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout Fund Manager
Mehul Dama
Fund Manager of Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout, since 6 November 2018
Top funds managed
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 5.01% since inception which is less than its category average return of 9.43%
AUM size ₹1524 Cr
This fund has AUM of ₹1524 Cr which is more than its category average of ₹ 596 Cr
Expense Ratio 0.92%
This fund has an expense ratio of 0.92% which is more than its category average expense ratio of 0.56%
Frequently Asked Questions
The current NAV of Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout is ₹24.31 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 0.31% | 0.31% |
1 Year Returns | 16.68% | 16.68% |
3 Years Returns | 13.1% | 4.19% |
5 Years Returns | 82.61% | 12.8% |
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 August 2023
₹1524 Cr as on August 2023
Mehul Dama is the fund manager of Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout
The Exit load of Nippon India Gold Savings Fund Direct Plan Dividend Plan IDCW Payout is 1%