Nippon India Gold Savings Fund - IDCW Option
(Erstwhile Reliance Gold Savings Fund-Dividend Plan)
Fund House: Nippon India Mutual Fund| Category: Fund of Funds-Domestic-Gold |
| Launch Date: 07-03-2011 |
| Asset Class: Commodity/Energy |
| Benchmark: Domestic Price of Gold Index |
| TER: 0.35% As on (31-10-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 2,237.03 Cr As on 31-10-2024(Source:AMFI) |
| Turn over: - | Exit Load: 1% if redeemed/Switched out on or before completion of 15 days from the date of allotment of units. And Nil thereafter. Redemption of units would be done on First in First out Basis (FIFO). For subscriptions prior to April 27th, 2020, levied on the Units redeemed will be the rate prevailing at the time of the allotment of the Units. "For Income tax purposes, the Scheme (i.e. Nippon India Gold Saving Fund) is classified as other than Equity Oriented Mutual Fund Scheme (Specified Mutual Fund Scheme). Please refer Scheme information document for further details." |
29.4923
0.38 (1.2837%)
8.21%
Benchmark: 13.14%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
Domestic Price of Gold Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
9 Years 1 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to provide returns that closely correspond to returns provided by Reliance Gold Exchange Traded Fund.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 11.11 |
| Sharpe Ratio | 0.64 |
| Alpha | -0.77 |
| Beta | 0.95 |
| Yield to Maturity | - |
| Average Maturity | 0.07 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Gold Savings Fund - IDCW Option | 07-03-2011 | 22.24 | 18.2 | 13.91 | 13.18 | 9.51 |
| LIC MF Gold ETF Fund of Fund-Regular Plan-Growth | 14-08-2012 | 23.04 | 18.63 | 14.41 | 13.38 | 9.18 |
| ICICI Prudential Regular Gold Savings Fund (FOF) - Growth | 01-10-2011 | 22.96 | 18.57 | 14.11 | 13.31 | 9.7 |
| Aditya Birla Sun Life Gold Fund-Growth | 20-03-2012 | 22.88 | 18.18 | 13.58 | 13.09 | 9.62 |
| SBI Gold Fund Regular Plan - Growth | 30-09-2011 | 22.63 | 18.52 | 14.12 | 13.43 | 9.71 |
| Quantum Gold Savings Fund - Regular Plan Growth Option | 01-04-2017 | 22.59 | 18.4 | 14.12 | 13.31 | - |
| Invesco India Gold ETF Fund of Fund - Growth | 29-11-2011 | 22.53 | 18.28 | 14.45 | 13.42 | 9.56 |
| Axis Gold Fund - Regular Plan - Growth Option | 14-10-2011 | 22.5 | 18.71 | 14.4 | 13.5 | 9.3 |
| UTI Gold ETF Fund of Fund - Regular Plan - Growth Opton | 28-10-2022 | 22.45 | 18.17 | - | - | - |
| HDFC Gold Fund - Growth Option | 05-11-2011 | 22.41 | 18.17 | 14.02 | 13.33 | 9.61 |
Scheme Characteristics
Minimum investment in the underlying fund - 95% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
