SBI Gold Fund Direct Growth

Others
Direct
Sector - Precious Metals
SBI Gold Fund Direct Growth

About the Fund

SBI Gold Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Raviprakash Sharma. This fund gives you the benefit of diversification.

Key Parameters

  1. SBI Gold Fund Direct Growth has ₹1885 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 6.90% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 24.38%, 14.74% and 15.67% 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.

Fund Performance
zero opening, trading, fund transfer fee
10659 people have invested ₹ 8.6Cr in SBI Gold Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.1%
Benchmark
Price of Gold TR INR
AUM₹1885 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
17.77%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 1.5%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
100%

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
SBI Gold ETF
SBI Gold ETF
99.96%
1.6%

Raviprakash Sharma
Raviprakash Sharma
Fund Manager of SBI Gold Fund Direct Growth, since 12 September 2011

Mutual Fund Insights

Insights icon
In the last 3 years, Axis Gold Fund Direct Plan Growth option has given 14.87% return, outperforming this fund by 0.13% per annum.
Insights icon
In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 15.75% return, outperforming this fund by 0.08% per annum.
Insights icon
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 25.01% return, outperforming this fund by 0.63%.
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%.
Insights icon
Over the last 6 months, this fund has experienced a 24.6% growth in AUM moving from 1.51K Cr to 1.88K Cr.

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 6.9% since inception which is less than its category average return of 19.43%
AUM size ₹1885 Cr

AUM size ₹1885 Cr

This fund has AUM of ₹1885 Cr which is more than its category average of ₹ 665 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 0.51%

Frequently Asked Questions

The current NAV of SBI Gold Fund Direct Growth is ₹23.09 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
SBI Gold Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.05%
4.05%
6 Month Returns
19.72%
19.72%
1 Year Returns
24.38%
24.38%
3 Years Returns
51.04%
14.74%
5 Years Returns
107.06%
15.67%
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 June 2024
₹1885 Cr as on June 2024
Raviprakash Sharma is the fund manager of SBI Gold Fund Direct Growth
The Exit load of SBI Gold Fund Direct Growth is 1%