Others
Direct
Sector - Precious Metals
NAV as on 05-12-2024
₹ 23.67
1D
Inception Returns
6.8%
/yr
SBI Gold Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Raj gandhi. This fund gives you the benefit of diversification.
SBI Gold Fund Direct Growth has given a CAGR return of 6.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.90%, 16.03% and 13.81% respectively.
SBI Gold Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are SBI Gold ETF
As it is a sector - precious metals mutual fund the taxation is as follows:Unknown asset type.
The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by SBI Gold ETF.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Gold Fund Direct Growth has no lock in period.
Expense ratio | 0.1% |
Benchmark | Price of Gold TR INR |
AUM | ₹2522 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 5.21% |
STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | High Risk |
as on (05-Dec-24)
as on (31-Dec-69)
SBI Gold Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.14% | -3.14% |
6 Month Returns | 4.92% | 4.92% |
1 Year Returns | 18.9% | 18.9% |
3 Years Returns | 56.2% | 16.03% |
5 Years Returns | 90.96% | 13.81% |