SBI Gold Fund Direct Growth

SBI Gold Fund Direct Growth

Others

Direct

Sector - Precious Metals

NAV as on 05-12-2024

₹ 23.67

-0.2%

1D

Inception Returns

6.8%

/yr

About SBI Gold Fund Direct Growth

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.

Key Parameters

  1. SBI Gold Fund Direct Growth has ₹2522 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

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.

Holdings

SBI Gold Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are SBI Gold ETF

Taxation

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

Investment objective of SBI Gold Fund Direct Growth

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

Minimum Investment and lockin period

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.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
15253 people have invested ₹ 17.9Cr in SBI Gold Fund Direct Growth in the last three months

SBI Gold Fund Direct Growth Overview

Expense ratio0.1%
Benchmark
Price of Gold TR INR
AUM₹2522 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
5.21%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (05-Dec-24)

Period
SBI Gold Fund Direct Growth
Gold Price
1M
-3.1%
-3.7%
3M
6.8%
8.2%
6M
4.9%
3.4%
1Y
18.9%
18.1%
3Y
16%
16%
5Y
13.8%
13.7%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 1.4%

Sector Allocation

Oct'24

Sep'24

Aug'24

Cash Equivalent
100%
  • Equity

Holdings
Weight%
1M Change
SBI Gold ETF
SBI Gold ETF
100.11%
6.9%
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Raj gandhi
Raj gandhi
Fund Manager of SBI Gold Fund Direct Growth, since 1 January 2013
Top funds managed
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 19.5% return, outperforming this fund by 0.6%.
Insights icon
In the last 3 years, Axis Gold Fund Direct Plan Growth option has given 16.1% return, outperforming this fund by 0.08% per annum.
Insights icon
In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 13.89% return, outperforming this fund by 0.08% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 39.0% growth in AUM moving from 1.81K Cr to 2.52K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (sector - precious metals). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.58%.

SBI Gold Fund Direct Growth 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 6.81% since inception which is less than its category average return of 15.77%
AUM size ₹2522 Cr

AUM size ₹2522 Cr

This fund has AUM of ₹2522 Cr which is more than its category average of ₹ 830 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.49%

Frequently Asked Questions for SBI Gold Fund Direct Growth

The current NAV of SBI Gold Fund Direct Growth is ₹23.67 as on 05-Dec-2024.
Existing (Absolute + CAGR) as on 05-Dec-2024.
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%
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.
0.1% as on November 2024
₹2522 Cr as on November 2024
Raj gandhi is the fund manager of SBI Gold Fund Direct Growth
The Exit load of SBI Gold Fund Direct Growth is 1%