UTI Gold ETF Fund of Fund Direct Growth

Others
Direct
Sector - Precious Metals
UTI Gold ETF Fund of Fund Direct Growth

About the Fund

UTI Gold ETF Fund of Fund Direct Growth is a hybrid fund. This fund was started on 28 October, 2022. The fund is managed by Sharwan Kumar Goyal. This fund gives you the benefit of diversification.

Key Parameters

  1. UTI Gold ETF Fund of Fund Direct Growth has ₹100 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

UTI Gold ETF Fund of Fund Direct Growth has given a CAGR return of 23.83% since inception. Over the last 1 year the fund has given a CAGR return of 23.25%.

Holdings

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

Taxation

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

Investment objective of UTI Gold ETF Fund of Fund Direct Growth

The investment objective of the fund is to endeavour to provide returns that, before expenses, closely track the performance and yield of Gold. However, the performance of the scheme may differ from that of the underlying asset due to tracking error. There can be no assurance or guarantee that the investment objective of the UTI Gold ETF will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. UTI Gold ETF Fund of Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
256 people have invested ₹ 26.3L in UTI Gold ETF Fund of Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.1%
Benchmark
Price of Gold TR INR
AUM₹100 Cr
Inception Date28 October, 2022
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
36.92%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 0.9%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
100%

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
UTI Gold ETF
UTI Gold ETF
99.5%
1.1%

Sharwan Kumar Goyal
Sharwan Kumar Goyal
Fund Manager of UTI Gold ETF Fund of Fund Direct Growth, since 1 November 2022

UTI Gold ETF Fund of 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 23.83% since inception which is more than its category average return of 18.07%
AUM size ₹100 Cr

AUM size ₹100 Cr

This fund has AUM of ₹100 Cr which is less 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 UTI Gold ETF Fund of Fund Direct Growth is ₹14.44 as on 22-Jul-2024.
Existing (Absolute + CAGR) as on 22-Jul-2024.
UTI Gold ETF Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.08%
3.08%
6 Month Returns
18.8%
18.8%
1 Year Returns
23.25%
23.25%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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
₹100 Cr as on June 2024
Sharwan Kumar Goyal is the fund manager of UTI Gold ETF Fund of Fund Direct Growth
The Exit load of UTI Gold ETF Fund of Fund Direct Growth is 1%