ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth
Others
Direct
Sector - Precious Metals
NAV: ₹ 23.94 as on 17-05-2024
About the Fund
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Nishit Patel, Manish Banthia. This fund gives you the benefit of diversification.
Key Parameters
- ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth has ₹940 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.6.
Fund Performance
7963 people have invested ₹ 4.6Cr in ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth in the last three months
Overview
 | 0.59% |
 Benchmark | Domestic Price of Gold |
 | ₹940 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 15.62% |
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth as on (30-Apr-24)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Pru Gold ETF | 100.02% | 3.4% |
Mutual Fund Insights
Over the last 6 months, this fund has experienced a 27.7% growth in AUM moving from 735.71 Cr to 939.59 Cr.
In the last 5 years, Kotak Gold Fund Growth - Direct has given 17.26% return, outperforming this fund by 0.57% per annum.
In the last 3 years, SBI Gold Fund Direct Plan Growth has given 14.19% return, outperforming this fund by 0.1% per annum.
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 20.23% return, outperforming this fund by 0.22%.
Peer Analysis
Fund Manager
Nishit Patel
Fund Manager of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth, since 29 December 2020
Top funds managed
Manish Banthia
Fund Manager of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth, since 27 September 2012
Top funds managed
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth 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 6.82% since inception which is less than its category average return of 13.79%
AUM size ₹940 Cr
This fund has AUM of ₹940 Cr which is more than its category average of ₹ 662 Cr
Expense Ratio 0.59%
This fund has an expense ratio of 0.59% which is more than its category average expense ratio of 0.55%
Frequently Asked Questions
The current NAV of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth is ₹23.94 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.4% | 0.4% |
6 Month Returns | 19.84% | 19.84% |
1 Year Returns | 20.01% | 20.01% |
3 Years Returns | 48.52% | 14.09% |
5 Years Returns | 116.39% | 16.69% |
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.
0.59% as on April 2024
₹940 Cr as on April 2024
Nishit Patel, Manish Banthia are the fund managers of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth
The Exit load of ICICI Prudential Regular Gold Savings Fund(FOF) Direct Plan Growth is 1%