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8 Best Performing Gold Mutual Funds to Invest in 2021

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8 Best Gold Mutual Funds 2021

Updated on April 7, 2021 , 159383 views

Gold has emerged as an important asset class in most portfolios given its ability to grow with Inflation and protect the portfolio from volatility caused due to a financial and economic crisis.

Today, gold as an investment is available in many forms such as- physical gold, E-Gold, etc. But, Gold Funds have emerged as one of the most popular routes for gold investments. So, let’s have a close look at some of the best Gold Mutual Funds to invest in 2021.

Indians are very culturally inclined towards buying gold, whether for ornamental purposes or even for wealth creation. Also India being the country of various festivals all year round, investors always look at buying gold. While earlier physical gold used to be the choice, Gold Mutual Funds are clearly better in every aspect (except for ornamental purpose where once needs to buy physical gold), with benefits like minimum investment amount, diversification, no Demat account required, SIP growth, etc.

Gold Mutual Funds is a variant of Gold ETFs. A gold ETF (Exchange Traded Fund) is an instrument that is based on gold price or invests in gold bullion. A gold ETF specialises in Investing in a Range of gold securities. Gold Mutual Funds do not directly invest in physical gold but take the same position indirectly by Investing in Gold ETFs.

Also, the minimum investment amount one would require to do in Gold Mutual Funds is of INR 1,000 (as monthly SIP). Since this investment is made through a Mutual Fund, investors can opt for systematic investments or withdrawals too. As Gold Mutual Funds units can be bought or sold from the fund house, investors do not face liquidity risks.

How are Gold MFs Taxed?

Gold mutual funds are taxed based on Capital gains made and holding period. If you are holding the fund for less than 3 years, then the capital gains will be taxed as per your income tax slab rate. And, if you've held the fund for at least 3 years, then you have to pay tax at 20%, with indexation benefits, on the Capital Gain made.

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Top Performing Gold Funds to Invest in India

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2020 (%)
Kotak Gold Fund Growth ₹19.2353
↑ 0.07
₹808-7.2-8.3-0.414.49.126.6
SBI Gold Fund Growth ₹14.384
↑ 0.05
₹893-7.8-8.9-5.813.88.827.4
HDFC Gold Fund Growth ₹14.7951
↑ 0.06
₹1,082-8-8.9-0.913.78.827.5
Axis Gold Fund Growth ₹14.3895
↑ 0.07
₹212-7.5-8.40.613.68.326.9
Invesco India Gold Fund Growth ₹13.957
↓ -0.19
₹45-9.8-9.2-0.213.58.727.2
ICICI Prudential Regular Gold Savings Fund Growth ₹15.3083
↑ 0.08
₹454-7.7-9-1.813.58.726.6
Aditya Birla Sun Life Gold Fund Growth ₹14.4376
↑ 0.19
₹215-7.1-7.91.213.48.726
Nippon India Gold Savings Fund Growth ₹18.9753
↑ 0.08
₹1,275-7.8-9-1.213.48.326.6
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 9 Apr 21
*Above is list of top Gold Funds having AUM/Net Assets > 25 Crore ordered based on 3 year Calendar year returns.

1. Kotak Gold Fund

The investment objective of the scheme is to generate returns by investing in units of Kotak Gold Exchange Traded Fund.

Kotak Gold Fund is a Gold - Gold fund was launched on 25 Mar 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 6.7% since its launch.  Return for 2020 was 26.6% , 2019 was 24.1% and 2018 was 7.3% .

Below is the key information for Kotak Gold Fund

Kotak Gold Fund
Growth
Launch Date 25 Mar 11
NAV (09 Apr 21) ₹19.2353 ↑ 0.07   (0.37 %)
Net Assets (Cr) ₹808 on 28 Feb 21
Category Gold - Gold
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.56
Sharpe Ratio 0.26
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹9,826
31 Mar 18₹10,309
31 Mar 19₹10,635
31 Mar 20₹14,621
31 Mar 21₹14,708

Kotak Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for Kotak Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 4.6%
3 Month -7.2%
6 Month -8.3%
1 Year -0.4%
3 Year 14.4%
5 Year 9.1%
10 Year
15 Year
Since launch 6.7%
Historical performance (Yearly) on absolute basis
YearReturns
2020 26.6%
2019 24.1%
2018 7.3%
2017 2.5%
2016 10.2%
2015 -8.4%
2014 -10%
2013 -7.7%
2012 10.9%
2011
Fund Manager information for Kotak Gold Fund
NameSinceTenure
Abhishek Bisen25 Mar 1110.03 Yr.

Data below for Kotak Gold Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash3.8%
Other96.2%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kotak Gold ETF
- | KOTAKGOLDE
98%₹793 Cr19,624,363
↑ 700,000
Triparty Repo
CBLO/Reverse Repo | -
2%₹15 Cr
Net Current Assets/(Liabilities)
Net Current Assets | -
0%₹0 Cr

2. SBI Gold Fund

The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS).

SBI Gold Fund is a Gold - Gold fund was launched on 12 Sep 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 3.9% since its launch.  Return for 2020 was 27.4% , 2019 was 22.8% and 2018 was 6.4% .

Below is the key information for SBI Gold Fund

SBI Gold Fund
Growth
Launch Date 12 Sep 11
NAV (09 Apr 21) ₹14.384 ↑ 0.05   (0.36 %)
Net Assets (Cr) ₹893 on 28 Feb 21
Category Gold - Gold
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 0.47
Sharpe Ratio 0.27
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹9,913
31 Mar 18₹10,512
31 Mar 19₹10,716
31 Mar 20₹15,055
31 Mar 21₹14,637

SBI Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for SBI Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 4%
3 Month -7.8%
6 Month -8.9%
1 Year -5.8%
3 Year 13.8%
5 Year 8.8%
10 Year
15 Year
Since launch 3.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 27.4%
2019 22.8%
2018 6.4%
2017 3.5%
2016 10%
2015 -8.1%
2014 -10.2%
2013 -6.6%
2012 10.9%
2011
Fund Manager information for SBI Gold Fund
NameSinceTenure
Raviprakash Sharma12 Sep 119.56 Yr.

Data below for SBI Gold Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash1.55%
Other98.45%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI ETF Gold
- | SETFGOLD
100%₹892 Cr2,162,237
↑ 81,000
Treps
CBLO/Reverse Repo | -
1%₹5 Cr
Net Receivable / Payable
CBLO | -
0%-₹4 Cr

3. HDFC Gold Fund

To seek capital appreciation by investing in units of HDFC Gold Exchange Traded Fund (HGETF).

HDFC Gold Fund is a Gold - Gold fund was launched on 24 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.2% since its launch.  Return for 2020 was 27.5% , 2019 was 21.7% and 2018 was 6.6% .

Below is the key information for HDFC Gold Fund

HDFC Gold Fund
Growth
Launch Date 24 Oct 11
NAV (09 Apr 21) ₹14.7951 ↑ 0.06   (0.43 %)
Net Assets (Cr) ₹1,082 on 28 Feb 21
Category Gold - Gold
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.5
Sharpe Ratio 0.3
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹10,064
31 Mar 18₹10,598
31 Mar 19₹10,813
31 Mar 20₹14,835
31 Mar 21₹14,804

HDFC Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for HDFC Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 4%
3 Month -8%
6 Month -8.9%
1 Year -0.9%
3 Year 13.7%
5 Year 8.8%
10 Year
15 Year
Since launch 4.2%
Historical performance (Yearly) on absolute basis
YearReturns
2020 27.5%
2019 21.7%
2018 6.6%
2017 2.8%
2016 10.1%
2015 -7.3%
2014 -9.8%
2013 -7.2%
2012 12%
2011
Fund Manager information for HDFC Gold Fund
NameSinceTenure
Anand Laddha21 Oct 200.44 Yr.
Krishan Daga19 Oct 155.45 Yr.

Data below for HDFC Gold Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash0.12%
Other99.88%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Hdfc Gold Exchange Traded Fund
Others | -
100%₹1,081 Cr261,600,000
↑ 261,600,000
Treps - Tri-Party Repo
CBLO/Reverse Repo | -
0%₹1 Cr
Net Current Assets
Net Current Assets | -
0%₹1 Cr
Reverse Repo
CBLO/Reverse Repo | -
0%₹0 Cr
HDFC Gold ETF
- | HDFCMFGETF
₹0 Cr00
↓ -2,545,000

4. Axis Gold Fund

To generate returns that closely correspond to returns generated by Axis Gold ETF.

Axis Gold Fund is a Gold - Gold fund was launched on 20 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 3.9% since its launch.  Return for 2020 was 26.9% , 2019 was 23.1% and 2018 was 8.3% .

Below is the key information for Axis Gold Fund

Axis Gold Fund
Growth
Launch Date 20 Oct 11
NAV (09 Apr 21) ₹14.3895 ↑ 0.07   (0.48 %)
Net Assets (Cr) ₹212 on 28 Feb 21
Category Gold - Gold
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.3
Sharpe Ratio 0.32
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹9,994
31 Mar 18₹10,207
31 Mar 19₹10,527
31 Mar 20₹14,519
31 Mar 21₹14,556

Axis Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Axis Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 4.2%
3 Month -7.5%
6 Month -8.4%
1 Year 0.6%
3 Year 13.6%
5 Year 8.3%
10 Year
15 Year
Since launch 3.9%
Historical performance (Yearly) on absolute basis
YearReturns
2020 26.9%
2019 23.1%
2018 8.3%
2017 0.7%
2016 10.7%
2015 -11.9%
2014 -11.4%
2013 -7.5%
2012 10.9%
2011
Fund Manager information for Axis Gold Fund
NameSinceTenure
Devang Shah7 Jun 164.82 Yr.

Data below for Axis Gold Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash2.87%
Other97.13%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Gold ETF
- | -
97%₹206 Cr51,200,000
↑ 1,000,000
Clearing Corporation Of India Ltd
CBLO | -
3%₹7 Cr
Net Receivables / (Payables)
Net Current Assets | -
0%-₹1 Cr

5. Invesco India Gold Fund

To provide returns that closely corresponds to returns provided by Invesco India Gold Exchange Traded Fund.

Invesco India Gold Fund is a Gold - Gold fund was launched on 5 Dec 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 3.6% since its launch.  Return for 2020 was 27.2% , 2019 was 21.4% and 2018 was 6.6% .

Below is the key information for Invesco India Gold Fund

Invesco India Gold Fund
Growth
Launch Date 5 Dec 11
NAV (09 Apr 21) ₹13.957 ↓ -0.19   (-1.36 %)
Net Assets (Cr) ₹45 on 28 Feb 21
Category Gold - Gold
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 0.48
Sharpe Ratio 0.27
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹10,327
31 Mar 18₹10,917
31 Mar 19₹11,054
31 Mar 20₹14,867
31 Mar 21₹15,193

Invesco India Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Invesco India Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 3.8%
3 Month -9.8%
6 Month -9.2%
1 Year -0.2%
3 Year 13.5%
5 Year 8.7%
10 Year
15 Year
Since launch 3.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 27.2%
2019 21.4%
2018 6.6%
2017 1.3%
2016 21.6%
2015 -15.1%
2014 -9%
2013 -7.6%
2012 11.3%
2011
Fund Manager information for Invesco India Gold Fund
NameSinceTenure
Krishna Cheemalapati4 Jan 201.24 Yr.

Data below for Invesco India Gold Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash3.79%
Other96.21%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco India Gold ETF
- | IVZINGOLD
98%₹44 Cr105,248
↑ 1,334
Triparty Repo
CBLO/Reverse Repo | -
4%₹2 Cr
Net Receivables / (Payables)
Net Current Assets | -
1%-₹1 Cr

6. ICICI Prudential Regular Gold Savings Fund

ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund (IPru Gold ETF). However, there can be no assurance that the investment objectives of the Scheme will be realized.

ICICI Prudential Regular Gold Savings Fund is a Gold - Gold fund was launched on 11 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.6% since its launch.  Return for 2020 was 26.6% , 2019 was 22.7% and 2018 was 7.4% .

Below is the key information for ICICI Prudential Regular Gold Savings Fund

ICICI Prudential Regular Gold Savings Fund
Growth
Launch Date 11 Oct 11
NAV (09 Apr 21) ₹15.3083 ↑ 0.08   (0.55 %)
Net Assets (Cr) ₹454 on 28 Feb 21
Category Gold - Gold
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.35
Sharpe Ratio 0.26
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-15 Months (2%),15 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹10,161
31 Mar 18₹10,569
31 Mar 19₹10,857
31 Mar 20₹14,550
31 Mar 21₹14,622

ICICI Prudential Regular Gold Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for ICICI Prudential Regular Gold Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 4.1%
3 Month -7.7%
6 Month -9%
1 Year -1.8%
3 Year 13.5%
5 Year 8.7%
10 Year
15 Year
Since launch 4.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 26.6%
2019 22.7%
2018 7.4%
2017 0.8%
2016 8.9%
2015 -5.1%
2014 -9.2%
2013 -6.7%
2012 11.2%
2011
Fund Manager information for ICICI Prudential Regular Gold Savings Fund
NameSinceTenure
Manish Banthia27 Sep 128.51 Yr.
Nishit Patel29 Dec 200.25 Yr.

Data below for ICICI Prudential Regular Gold Savings Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash2.27%
Other97.73%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Prudential Gold ETF
- | ICICIGOLD
99%₹451 Cr109,526,783
↑ 5,523,800
Treps
CBLO/Reverse Repo | -
1%₹4 Cr
Net Current Assets
Net Current Assets | -
0%-₹2 Cr

7. Aditya Birla Sun Life Gold Fund

An Open ended Fund of Funds Scheme with the investment objective to provide returns that tracks returns provided by Birla Sun Life Gold ETF (BSL Gold ETF).

Aditya Birla Sun Life Gold Fund is a Gold - Gold fund was launched on 20 Mar 12. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.1% since its launch.  Return for 2020 was 26% , 2019 was 21.3% and 2018 was 6.8% .

Below is the key information for Aditya Birla Sun Life Gold Fund

Aditya Birla Sun Life Gold Fund
Growth
Launch Date 20 Mar 12
NAV (09 Apr 21) ₹14.4376 ↑ 0.19   (1.36 %)
Net Assets (Cr) ₹215 on 28 Feb 21
Category Gold - Gold
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.48
Sharpe Ratio 0.26
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Min SIP Investment 1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹10,161
31 Mar 18₹10,623
31 Mar 19₹10,918
31 Mar 20₹14,798
31 Mar 21₹14,709

Aditya Birla Sun Life Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Aditya Birla Sun Life Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 4.1%
3 Month -7.1%
6 Month -7.9%
1 Year 1.2%
3 Year 13.4%
5 Year 8.7%
10 Year
15 Year
Since launch 4.1%
Historical performance (Yearly) on absolute basis
YearReturns
2020 26%
2019 21.3%
2018 6.8%
2017 1.6%
2016 11.5%
2015 -7.2%
2014 -9.4%
2013 -6.9%
2012
2011
Fund Manager information for Aditya Birla Sun Life Gold Fund
NameSinceTenure
Lovelish Solanki30 Jun 182.75 Yr.

Data below for Aditya Birla Sun Life Gold Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash3.59%
Other96.41%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Aditya BSL Gold ETF
- | 533408
98%₹211 Cr500,200
↑ 14,000
Clearing Corporation Of India Limited
CBLO | -
2%₹4 Cr
Net Receivables / (Payables)
Net Current Assets | -
0%₹0 Cr

8. Nippon India Gold Savings Fund

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

Nippon India Gold Savings Fund is a Gold - Gold fund was launched on 7 Mar 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 6.6% since its launch.  Return for 2020 was 26.6% , 2019 was 22.5% and 2018 was 6% .

Below is the key information for Nippon India Gold Savings Fund

Nippon India Gold Savings Fund
Growth
Launch Date 7 Mar 11
NAV (09 Apr 21) ₹18.9753 ↑ 0.08   (0.42 %)
Net Assets (Cr) ₹1,275 on 28 Feb 21
Category Gold - Gold
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 0.39
Sharpe Ratio 0.25
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (2%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Mar 16₹10,000
31 Mar 17₹10,047
31 Mar 18₹10,491
31 Mar 19₹10,660
31 Mar 20₹14,468
31 Mar 21₹14,404

Nippon India Gold Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹376,357.
Net Profit of ₹76,357
Invest Now

Returns for Nippon India Gold Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 9 Apr 21

DurationReturns
1 Month 4.1%
3 Month -7.8%
6 Month -9%
1 Year -1.2%
3 Year 13.4%
5 Year 8.3%
10 Year
15 Year
Since launch 6.6%
Historical performance (Yearly) on absolute basis
YearReturns
2020 26.6%
2019 22.5%
2018 6%
2017 1.7%
2016 11.6%
2015 -8.1%
2014 -9.8%
2013 -7.6%
2012 11.2%
2011
Fund Manager information for Nippon India Gold Savings Fund
NameSinceTenure
Mehul Dama6 Nov 182.4 Yr.

Data below for Nippon India Gold Savings Fund as on 28 Feb 21

Asset Allocation
Asset ClassValue
Cash1.18%
Other98.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nippon India ETF Gold BeES
- | GOLDBEES
100%₹1,273 Cr316,389,905
↑ 878,836
Triparty Repo
CBLO/Reverse Repo | -
1%₹7 Cr
Net Current Assets
Net Current Assets | -
1%-₹6 Cr
Reverse Repo
CBLO/Reverse Repo | -
0%₹0 Cr
Cash Margin - Ccil
Net Current Assets | -
0%₹0 Cr

Top 4 Benefits of Gold Investments

Hedge Against Inflation

Gold acts as a hedge against inflation. Gold's value rises when inflation rises. During the inflationary time, gold is a more stable investment than cash.

Liquidity

Gold Investment offers investors the chance to trade it during emergencies or when they need cash. As it is fairly liquid in nature, it ensures that it is easy to sell. Different instruments offer differing levels of liquidity, Gold ETFs may be the most liquid of all options.

Offers Diversification

Gold investment can act as a safety net against Market volatility. Gold investment or gold as an asset class has a low correlation with the equity or stock markets. So when the equity markets are down, your gold investment may outperform.

Valuable Asset

Gold has managed to maintain its value over time for many years. It is known as a stable investment with very steady returns. One does not expect to make very high returns in long periods by Investing in Gold but moderate returns can be expected. In certain short periods, superlative returns can also be made.

Who Can Invest Gold Mutual Funds?

Gold Mutual Funds are suited for investors who do not have a Demat Account and are not investors in stocks. Here, the fund collects money from you to invest in ETF units via the stock exchange. Since this investment is made through a Mutual Fund, investors can opt for systematic investments or withdrawals too. As Gold Mutual Fund’s units can be bought or sold from the fund house, investors do not face liquidity risks.

How Invest in Gold Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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FAQs

1. What should I look for while investing in gold mutual funds?

A: Most gold mutual funds are known to produce good returns. However, when you plan on investing in a particular fund, you must compare its valuation. For example, SBI Gold Fund has shown a growth rate of 27.4% compared to the ICICI Prudential Regular Growth Savings Fund that has a growth rate of 26.6%. However, the Net Asset Value or NAV of ICICI is Rs. 16.5363, which is higher than SBI's, at Rs. 15.5627. Thus, while investing in a gold mutual fund, you will have to evaluate the growth rate, the NAV, the ROI over one year, three years, and five years before you select a particular fund.

2. Why should I invest in a gold fund?

A: Given the market volatility, the gold mutual fund offers a certain amount of cushioning and assures investors of regular returns. Although gold prices vary, it will not go below the investment value. Hence, you can be assured that your investment will never be at a loss.

3. Will I have to pay taxes on the gold fund?

A: The gold mutual funds are taxable similar to that of physical gold. However, as you will be earning a return on your investment, you will have to add it to your gross Income. Thus, your income will become taxable. This is as per the new taxation regime. Additionally, if the investment is for three years and more, this falls under long-term investments, making the earning taxable.

4. Why should I invest in SBI Gold?

A: The SBI is a name that draws confidence, and SBI Gold has shown steady growth in the past eight years. Its current value is Rs. 9.09 lakhs and has a growth rate of over 16.62% per annum.

5. Why should I invest in Axis Gold Fund?

A: The Axis Gold Fund has shown robust returns since it started in 2011. The NAV of the Axis Gold Fund is Rs.15.564 and has shown returns of 13.3% for the 5-year investment duration. Even if you invest in the Axis Gold Fund for six months, you can expect returns of 2.5%. Historically Axis Gold Fund has shown a return of 26.9%.

6. Why should I invest in Kotak Gold Fund?

A: Kotak Gold Fund is one of the best performing in this portfolio of investments. The current value of the Kotak Gold is Rs. 9.15 lakh. You can also expect a return of 16.88% per annum from your investment.

7. Is investing in gold funds safe?

A: Yes, investing in a gold fund is safest as it is bound to produce good returns. Although the price of gold fluctuates, it will not go below your investment.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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LAKSHMI, posted on 8 Sep 19 7:34 AM

Which gold investment fund will be good for me pls suggest for 1- 1.3 years

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