+91-22-48913909How Should NRIs in Singapore Opt for Mutual Funds in India?
As, India is one of the fastest growing economies in the world with over 5 percent GDP growth for many years, it attracts thousands of NRI investors from abroad. World Bank and IMF have projected India’s GDP to grow at 7.4 percent and 7.8 percent in 2018 and 2019 respectively. Currently, India is world’s fifth largest Economy at $2.7 trillion GDP.
Non-Resident Indians (NRIs) living in Singapore can plan their investment in Mutual Funds India in order to earn optimal returns in the long-run. Singapore-based NRIs can invest in stocks in India via mutual funds by Investing in Equity Funds. Equities are ideal for long-term investments, if you have goals like retirement, purchase of a house, or if you just want to build wealth these funds can be an ideal option. And in case, if you want to earn returns higher than bank savings accounts than investing in debt funds for short-term is advisable. Before investing, one should always access their risk ability.
The size of the Indian economy is expected to double to $5 trillion by 2025. Also, a report by the US Department of Agriculture projects India to become the third largest economy at $6.6 trillion by 2030.
Singapore-based NRIs who want to invest in Mutual Funds in India there are some of the important guidelines & rules that need to be followed in order to begin their investment.
Accounts for NRIs Living in Singapore
To invest in Mutual Funds in India one is supposed to open any of the following accounts with an Indian bank:
NRE Account
This is Non-Resident External (NRE) account which can be in the form of savings, current, fixed or Recurring deposit. You need to deposit the foreign currency in this account. To be able to deposit Indian currency, you must open NRO account. There is no upper limit on the transaction amount in an NRE account.
NRO Account
The NRO or Non-Resident Ordinary account is in the form of savings or current account that is meant for NRIs to manage their Income earned in India. In NRO account, foreign currency gets converted into Indian rupees after it gets deposited. An NRO account can be held jointly with another NRI as well as resident Indian (close relatives).
FCNR Account
This stands for Foreign Currency Non-Repatriable account deposits. In this account, NRIs can remit their Earnings in one of the six currencies such as Canadian $, US$, Euro, AU$, Yen, and Pound. Funds can be transferred from other FCNR or NRE accounts. In FCNR, the principal and interest don’t accrue any tax.
Once you open any of these accounts, you need successfully complete your KYC (Know Your Customer), under KYC norms, which is set by SEBI (Securities Exchange Board of India). One can complete their KYC with any of the SEBI-registered intermediates.
KYC Procedure for Singapore NRIs to Invest in Mutual Funds
To successfully complete your KYC procedure, Singapore NRIs need to complete certain important steps and furnish documents like:
a. KYC Form
An NRI needs to submit the KYC Form with all the necessary details filled to the SEBI registered intermediate. The documents can be sent by courier/post to the intermediate.
b. Documents
Following are the necessary documents that need to be submitted:
- Overseas address proof
- Indian resident address proof
- A recent photograph
- Passport copy
In case of NRIs in the Merchant Navy, a mariner’s declaration or certified copy of Continuous Discharge Certificate must be submitted.
c. Attestation
NRIs or PIOs (Person of India Origin) can get the above documents attested by the authorised officials of overseas branches of scheduled commercial banks registered in India, judge, court magistrate, public notaries, or the Indian embassy/consulate general in the country that they are located.
d. In Personal Verification (IPV)
As per SEBI rules, IPV is mandatory for KYC process. The intermediate should conduct the IPV of NRIs/PIOs.
Please note that all the above documents/proofs while submitting should be in the English language.
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Mutual Fund Taxation for Non-Resident Indian(NRI)
Capital Gains Tax Rates on NRI Mutual Fund Investments for the Financial Year 2017-18 (Assessment Year 2018-19) are as below:
NRI taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Types of Mutual Fund Scheme | Short Term Capital Gains (STCG) | Long Term Capital Gains (LTCG) |
|---|---|---|
| Equity Funds- STCG- Units held less than or equal to a year, LTCG- Units held more than a year | 15% | Nil |
| Non-Equity Funds- STCG- Units held for 3 years or less, LTCG- Units held for more than 3 years | As per Individual’s income tax bracket | On listed funds-20% (with indexation), Unlisted funds- 10% (without indexation) |
Mutual Fund Taxation on Dividends
Dividends on Equity Funds: The dividend received in the hands of unit holder for equity funds is completely tax-free. The dividend is also tax-free to the AMC.
Dividends on Debt Funds: The AMC has to pay a dividend distribution tax (DDT) of 28.84% before distributing this dividend income to its unit-holders. The dividend income received by a Debt fund unit holder is also tax-free.
Below is the TDS rate applicable on MF redemptions by NRIs for AY 2018-19.
NRI Taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Mutual Fund Redemptions by NRIs & TDS Rate | STCG & TDS Rate | LTCG & TDS Rate |
|---|---|---|
| Type of MF Scheme | ||
| Equity Oriented Funds | 15% | Nil |
| Debt Funds | 30% | On listed funds- 20% (with indexation), unlisted funds- 10% (without indexation) |
Best Mutual Funds for Singapore-Based NRIs
Fund 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) Sub Cat. Franklin India Short Term Income Plan - Retail Plan Growth 192.1 192.1 192.1 47.3 32.5 Short term Bond DSP World Gold Fund Growth 19.4 78.1 161.9 46.8 22.1 167.1 Global IDBI Gold Fund Growth 13.2 37.4 73.8 33.3 20.5 79 Gold SBI Gold Fund Growth 10.4 38.7 72.1 33.1 20.4 71.5 Gold ICICI Prudential Regular Gold Savings Fund Growth 10.3 38.9 71.8 33 20.3 72 Gold Nippon India Gold Savings Fund Growth 10.3 38.7 71.8 32.7 20.3 71.2 Gold HDFC Gold Fund Growth 10.4 38.7 71.8 32.7 20.2 71.3 Gold Aditya Birla Sun Life Gold Fund Growth 10 38.7 72 32.7 20.4 72 Gold Axis Gold Fund Growth 9.9 38.2 70.8 32.7 20.3 69.8 Gold Kotak Gold Fund Growth 10.5 38.4 71.3 32.5 20.1 70.4 Gold Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 May 25 Research Highlights & Commentary of 10 Funds showcased
Commentary Franklin India Short Term Income Plan - Retail Plan DSP World Gold Fund IDBI Gold Fund SBI Gold Fund ICICI Prudential Regular Gold Savings Fund Nippon India Gold Savings Fund HDFC Gold Fund Aditya Birla Sun Life Gold Fund Axis Gold Fund Kotak Gold Fund Point 1 Bottom quartile AUM (₹13 Cr). Lower mid AUM (₹1,689 Cr). Bottom quartile AUM (₹524 Cr). Highest AUM (₹9,324 Cr). Upper mid AUM (₹3,987 Cr). Upper mid AUM (₹4,849 Cr). Top quartile AUM (₹7,633 Cr). Bottom quartile AUM (₹1,136 Cr). Lower mid AUM (₹1,954 Cr). Upper mid AUM (₹4,811 Cr). Point 2 Oldest track record among peers (23 yrs). Established history (18+ yrs). Established history (13+ yrs). Established history (14+ yrs). Established history (14+ yrs). Established history (14+ yrs). Established history (14+ yrs). Established history (13+ yrs). Established history (14+ yrs). Established history (14+ yrs). Point 3 Rating: 2★ (upper mid). Top rated. Not Rated. Rating: 2★ (upper mid). Rating: 1★ (lower mid). Rating: 2★ (upper mid). Rating: 1★ (lower mid). Rating: 3★ (top quartile). Rating: 1★ (bottom quartile). Rating: 1★ (bottom quartile). Point 4 Risk profile: Moderate. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 1Y return: 192.10% (top quartile). 5Y return: 22.12% (top quartile). 5Y return: 20.48% (upper mid). 5Y return: 20.44% (upper mid). 5Y return: 20.34% (lower mid). 5Y return: 20.26% (bottom quartile). 5Y return: 20.24% (bottom quartile). 5Y return: 20.41% (upper mid). 5Y return: 20.33% (lower mid). 5Y return: 20.13% (bottom quartile). Point 6 1M return: 192.10% (top quartile). 3Y return: 46.82% (top quartile). 3Y return: 33.30% (upper mid). 3Y return: 33.10% (upper mid). 3Y return: 33.03% (upper mid). 3Y return: 32.74% (lower mid). 3Y return: 32.73% (lower mid). 3Y return: 32.73% (bottom quartile). 3Y return: 32.68% (bottom quartile). 3Y return: 32.51% (bottom quartile). Point 7 Sharpe: -90.89 (bottom quartile). 1Y return: 161.87% (top quartile). 1Y return: 73.84% (upper mid). 1Y return: 72.07% (upper mid). 1Y return: 71.81% (lower mid). 1Y return: 71.79% (bottom quartile). 1Y return: 71.81% (lower mid). 1Y return: 71.97% (upper mid). 1Y return: 70.83% (bottom quartile). 1Y return: 71.27% (bottom quartile). Point 8 Information ratio: -2.42 (bottom quartile). Alpha: -4.29 (bottom quartile). 1M return: 5.53% (upper mid). 1M return: 5.09% (lower mid). 1M return: 4.91% (bottom quartile). 1M return: 5.06% (bottom quartile). 1M return: 5.12% (lower mid). 1M return: 5.27% (upper mid). 1M return: 4.81% (bottom quartile). 1M return: 5.13% (upper mid). Point 9 Yield to maturity (debt): 0.00% (top quartile). Sharpe: 2.51 (bottom quartile). Alpha: 0.00 (top quartile). Alpha: 0.00 (top quartile). Alpha: 0.00 (upper mid). Alpha: 0.00 (upper mid). Alpha: 0.00 (upper mid). Alpha: 0.00 (lower mid). Alpha: 0.00 (lower mid). Alpha: 0.00 (bottom quartile). Point 10 Modified duration: 0.00 yrs (top quartile). Information ratio: -1.02 (bottom quartile). Sharpe: 3.44 (bottom quartile). Sharpe: 3.54 (upper mid). Sharpe: 3.47 (lower mid). Sharpe: 3.61 (top quartile). Sharpe: 3.54 (lower mid). Sharpe: 3.57 (upper mid). Sharpe: 3.58 (upper mid). Sharpe: 3.76 (top quartile). Franklin India Short Term Income Plan - Retail Plan
DSP World Gold Fund
IDBI Gold Fund
SBI Gold Fund
ICICI Prudential Regular Gold Savings Fund
Nippon India Gold Savings Fund
HDFC Gold Fund
Aditya Birla Sun Life Gold Fund
Axis Gold Fund
Kotak Gold Fund
*List of funds is based on past 3 Year Returns in decending order.
The objective of the Scheme is to provide investors stable returns by investing in fixed income securities. Below is the key information for Franklin India Short Term Income Plan - Retail Plan Returns up to 1 year are on "The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized." Research Highlights for DSP World Gold Fund Below is the key information for DSP World Gold Fund Returns up to 1 year are on The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund (IDBI GOLD ETF). Research Highlights for IDBI Gold Fund Below is the key information for IDBI Gold Fund Returns up to 1 year are on The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS). Research Highlights for SBI Gold Fund Below is the key information for SBI Gold Fund Returns up to 1 year are on 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. Research Highlights for ICICI Prudential Regular Gold Savings Fund Below is the key information for ICICI Prudential Regular Gold Savings Fund Returns up to 1 year are on The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Gold BeES. Research Highlights for Nippon India Gold Savings Fund Below is the key information for Nippon India Gold Savings Fund Returns up to 1 year are on To seek capital appreciation by investing in units of HDFC Gold Exchange Traded Fund (HGETF). Research Highlights for HDFC Gold Fund Below is the key information for HDFC Gold Fund Returns up to 1 year are on 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). Research Highlights for Aditya Birla Sun Life Gold Fund Below is the key information for Aditya Birla Sun Life Gold Fund Returns up to 1 year are on To generate returns that closely correspond to returns generated by Axis Gold ETF. Research Highlights for Axis Gold Fund Below is the key information for Axis Gold Fund Returns up to 1 year are on The investment objective of the scheme is to generate returns by investing in units of Kotak Gold Exchange Traded Fund. Research Highlights for Kotak Gold Fund Below is the key information for Kotak Gold Fund Returns up to 1 year are on 1. Franklin India Short Term Income Plan - Retail Plan
Franklin India Short Term Income Plan - Retail Plan
Growth Launch Date 31 Jan 02 NAV (02 May 25) ₹15,041.3 ↑ 0.11 (0.00 %) Net Assets (Cr) ₹13 on 31 Mar 25 Category Debt - Short term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderate Expense Ratio 0 Sharpe Ratio -90.89 Information Ratio -2.42 Alpha Ratio -6.74 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (0.5%),1 Years and above(NIL) Yield to Maturity 0% Effective Maturity Modified Duration Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹11,501 31 Dec 22 ₹12,490 31 Dec 23 ₹13,354 31 Dec 24 ₹13,354
Purchase not allowed Returns for Franklin India Short Term Income Plan - Retail Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 192.1% 3 Month 192.1% 6 Month 192.1% 1 Year 192.1% 3 Year 47.3% 5 Year 32.5% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 Fund Manager information for Franklin India Short Term Income Plan - Retail Plan
Name Since Tenure Data below for Franklin India Short Term Income Plan - Retail Plan as on 31 Mar 25
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. DSP World Gold Fund
DSP World Gold Fund
Growth Launch Date 14 Sep 07 NAV (07 Jan 26) ₹54.5633 ↓ -0.82 (-1.48 %) Net Assets (Cr) ₹1,689 on 30 Nov 25 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.41 Sharpe Ratio 2.51 Information Ratio -1.02 Alpha Ratio -4.29 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,101 31 Dec 22 ₹8,405 31 Dec 23 ₹8,991 31 Dec 24 ₹10,424 31 Dec 25 ₹27,842 Returns for DSP World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 9.9% 3 Month 19.4% 6 Month 78.1% 1 Year 161.9% 3 Year 46.8% 5 Year 22.1% 10 Year 15 Year Since launch 9.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 167.1% 2023 15.9% 2022 7% 2021 -7.7% 2020 -9% 2019 31.4% 2018 35.1% 2017 -10.7% 2016 -4% 2015 52.7% Fund Manager information for DSP World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 12.76 Yr. Data below for DSP World Gold Fund as on 30 Nov 25
Equity Sector Allocation
Sector Value Basic Materials 93.58% Asset Allocation
Asset Class Value Cash 3.5% Equity 93.84% Debt 0.01% Other 2.64% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -74% ₹1,246 Cr 1,278,985
↓ -68,948 VanEck Gold Miners ETF
- | GDX25% ₹427 Cr 573,719 Treps / Reverse Repo Investments
CBLO/Reverse Repo | -1% ₹24 Cr Net Receivables/Payables
Net Current Assets | -0% -₹8 Cr 3. IDBI Gold Fund
IDBI Gold Fund
Growth Launch Date 14 Aug 12 NAV (07 Jan 26) ₹35.3796 ↑ 0.06 (0.17 %) Net Assets (Cr) ₹524 on 30 Nov 25 Category Gold - Gold AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 0.64 Sharpe Ratio 3.44 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,603 31 Dec 22 ₹10,753 31 Dec 23 ₹12,340 31 Dec 24 ₹14,642 31 Dec 25 ₹26,206 Returns for IDBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 5.5% 3 Month 13.2% 6 Month 37.4% 1 Year 73.8% 3 Year 33.3% 5 Year 20.5% 10 Year 15 Year Since launch 9.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 79% 2023 18.7% 2022 14.8% 2021 12% 2020 -4% 2019 24.2% 2018 21.6% 2017 5.8% 2016 1.4% 2015 8.3% Fund Manager information for IDBI Gold Fund
Name Since Tenure Sumit Bhatnagar 1 Jun 24 1.5 Yr. Data below for IDBI Gold Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 2.64% Other 97.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC MF Gold ETF
- | -99% ₹522 Cr 458,752
↑ 27,800 Treps
CBLO/Reverse Repo | -1% ₹4 Cr Net Receivables / (Payables)
CBLO | -0% -₹1 Cr 4. SBI Gold Fund
SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (08 Jan 26) ₹39.5419 ↓ -0.24 (-0.59 %) Net Assets (Cr) ₹9,324 on 30 Nov 25 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.3 Sharpe Ratio 3.54 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.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,431 31 Dec 22 ₹10,624 31 Dec 23 ₹12,126 31 Dec 24 ₹14,507 31 Dec 25 ₹24,880 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 5.1% 3 Month 10.4% 6 Month 38.7% 1 Year 72.1% 3 Year 33.1% 5 Year 20.4% 10 Year 15 Year Since launch 10.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 71.5% 2023 19.6% 2022 14.1% 2021 12.6% 2020 -5.7% 2019 27.4% 2018 22.8% 2017 6.4% 2016 3.5% 2015 10% Fund Manager information for SBI Gold Fund
Name Since Tenure Raviprakash Sharma 12 Sep 11 14.23 Yr. Data below for SBI Gold Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 1.55% Other 98.45% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹9,323 Cr 864,580,590
↑ 43,695,502 Treps
CBLO/Reverse Repo | -0% ₹42 Cr Net Receivable / Payable
CBLO | -0% -₹42 Cr 5. ICICI Prudential Regular Gold Savings Fund
ICICI Prudential Regular Gold Savings Fund
Growth Launch Date 11 Oct 11 NAV (08 Jan 26) ₹41.8755 ↓ -0.29 (-0.68 %) Net Assets (Cr) ₹3,987 on 30 Nov 25 Category Gold - Gold AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.38 Sharpe Ratio 3.47 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.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,461 31 Dec 22 ₹10,666 31 Dec 23 ₹12,108 31 Dec 24 ₹14,470 31 Dec 25 ₹24,881 Returns for ICICI Prudential Regular Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 4.9% 3 Month 10.3% 6 Month 38.9% 1 Year 71.8% 3 Year 33% 5 Year 20.3% 10 Year 15 Year Since launch 10.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 72% 2023 19.5% 2022 13.5% 2021 12.7% 2020 -5.4% 2019 26.6% 2018 22.7% 2017 7.4% 2016 0.8% 2015 8.9% Fund Manager information for ICICI Prudential Regular Gold Savings Fund
Name Since Tenure Manish Banthia 27 Sep 12 13.19 Yr. Nishit Patel 29 Dec 20 4.93 Yr. Ashwini Bharucha 1 Nov 25 0.08 Yr. Venus Ahuja 1 Nov 25 0.08 Yr. Data below for ICICI Prudential Regular Gold Savings Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 1.46% Other 98.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Gold ETF
- | -100% ₹3,983 Cr 368,492,474
↑ 3,839,372 Treps
CBLO/Reverse Repo | -0% ₹16 Cr Net Current Assets
Net Current Assets | -0% -₹12 Cr 6. Nippon India Gold Savings Fund
Nippon India Gold Savings Fund
Growth Launch Date 7 Mar 11 NAV (08 Jan 26) ₹51.7514 ↓ -0.29 (-0.55 %) Net Assets (Cr) ₹4,849 on 30 Nov 25 Category Gold - Gold AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.35 Sharpe Ratio 3.61 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.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,446 31 Dec 22 ₹10,611 31 Dec 23 ₹12,129 31 Dec 24 ₹14,434 31 Dec 25 ₹24,706 Returns for Nippon India Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 5.1% 3 Month 10.3% 6 Month 38.7% 1 Year 71.8% 3 Year 32.7% 5 Year 20.3% 10 Year 15 Year Since launch 11.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 71.2% 2023 19% 2022 14.3% 2021 12.3% 2020 -5.5% 2019 26.6% 2018 22.5% 2017 6% 2016 1.7% 2015 11.6% Fund Manager information for Nippon India Gold Savings Fund
Name Since Tenure Himanshu Mange 23 Dec 23 1.94 Yr. Data below for Nippon India Gold Savings Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 1.48% Other 98.52% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon India ETF Gold BeES
- | -100% ₹4,848 Cr 463,431,511
↑ 9,277,000 Triparty Repo
CBLO/Reverse Repo | -1% ₹27 Cr Net Current Assets
Net Current Assets | -1% -₹26 Cr Cash Margin - Ccil
CBLO/Reverse Repo | -0% ₹0 Cr Cash
Net Current Assets | -0% ₹0 Cr 00 7. HDFC Gold Fund
HDFC Gold Fund
Growth Launch Date 24 Oct 11 NAV (08 Jan 26) ₹40.4113 ↓ -0.23 (-0.57 %) Net Assets (Cr) ₹7,633 on 30 Nov 25 Category Gold - Gold AMC HDFC Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.49 Sharpe Ratio 3.54 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,454 31 Dec 22 ₹10,654 31 Dec 23 ₹12,158 31 Dec 24 ₹14,461 31 Dec 25 ₹24,770 Returns for HDFC Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 5.1% 3 Month 10.4% 6 Month 38.7% 1 Year 71.8% 3 Year 32.7% 5 Year 20.2% 10 Year 15 Year Since launch 10.3% Historical performance (Yearly) on absolute basis
Year Returns 2024 71.3% 2023 18.9% 2022 14.1% 2021 12.7% 2020 -5.5% 2019 27.5% 2018 21.7% 2017 6.6% 2016 2.8% 2015 10.1% Fund Manager information for HDFC Gold Fund
Name Since Tenure Arun Agarwal 15 Feb 23 2.79 Yr. Nandita Menezes 29 Mar 25 0.68 Yr. Data below for HDFC Gold Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 1.53% Other 98.47% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | -100% ₹7,632 Cr 707,335,417
↑ 19,433,622 Treps - Tri-Party Repo
CBLO/Reverse Repo | -0% ₹22 Cr Net Current Assets
Net Current Assets | -0% -₹21 Cr 8. Aditya Birla Sun Life Gold Fund
Aditya Birla Sun Life Gold Fund
Growth Launch Date 20 Mar 12 NAV (08 Jan 26) ₹39.3181 ↓ -0.28 (-0.72 %) Net Assets (Cr) ₹1,136 on 30 Nov 25 Category Gold - Gold AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.51 Sharpe Ratio 3.57 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,496 31 Dec 22 ₹10,665 31 Dec 23 ₹12,209 31 Dec 24 ₹14,492 31 Dec 25 ₹24,925 Returns for Aditya Birla Sun Life Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 5.3% 3 Month 10% 6 Month 38.7% 1 Year 72% 3 Year 32.7% 5 Year 20.4% 10 Year 15 Year Since launch 10.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 72% 2023 18.7% 2022 14.5% 2021 12.3% 2020 -5% 2019 26% 2018 21.3% 2017 6.8% 2016 1.6% 2015 11.5% Fund Manager information for Aditya Birla Sun Life Gold Fund
Name Since Tenure Priya Sridhar 31 Dec 24 0.92 Yr. Data below for Aditya Birla Sun Life Gold Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 1.32% Other 98.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Gold ETF
- | -100% ₹1,137 Cr 102,475,557
↑ 3,970,835 Net Receivables / (Payables)
Net Current Assets | -0% -₹3 Cr Clearing Corporation Of India Limited
CBLO/Reverse Repo | -0% ₹2 Cr 9. Axis Gold Fund
Axis Gold Fund
Growth Launch Date 20 Oct 11 NAV (08 Jan 26) ₹39.2377 ↓ -0.28 (-0.71 %) Net Assets (Cr) ₹1,954 on 30 Nov 25 Category Gold - Gold AMC Axis Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 3.58 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.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,530 31 Dec 22 ₹10,720 31 Dec 23 ₹12,290 31 Dec 24 ₹14,647 31 Dec 25 ₹24,866 Returns for Axis Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 4.8% 3 Month 9.9% 6 Month 38.2% 1 Year 70.8% 3 Year 32.7% 5 Year 20.3% 10 Year 15 Year Since launch 10.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 69.8% 2023 19.2% 2022 14.7% 2021 12.5% 2020 -4.7% 2019 26.9% 2018 23.1% 2017 8.3% 2016 0.7% 2015 10.7% Fund Manager information for Axis Gold Fund
Name Since Tenure Aditya Pagaria 9 Nov 21 4.06 Yr. Pratik Tibrewal 1 Feb 25 0.83 Yr. Data below for Axis Gold Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 1.79% Other 98.21% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Gold ETF
- | -100% ₹1,952 Cr 185,352,684
↑ 7,180,362 Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -0% ₹6 Cr Net Receivables / (Payables)
CBLO | -0% -₹4 Cr 10. Kotak Gold Fund
Kotak Gold Fund
Growth Launch Date 25 Mar 11 NAV (08 Jan 26) ₹51.8584 ↓ -0.32 (-0.62 %) Net Assets (Cr) ₹4,811 on 30 Nov 25 Category Gold - Gold AMC Kotak Mahindra Asset Management Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 3.76 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.
Date Value 31 Dec 20 ₹10,000 31 Dec 21 ₹9,526 31 Dec 22 ₹10,643 31 Dec 23 ₹12,120 31 Dec 24 ₹14,413 31 Dec 25 ₹24,556 Returns for Kotak Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 5.1% 3 Month 10.5% 6 Month 38.4% 1 Year 71.3% 3 Year 32.5% 5 Year 20.1% 10 Year 15 Year Since launch 11.8% Historical performance (Yearly) on absolute basis
Year Returns 2024 70.4% 2023 18.9% 2022 13.9% 2021 11.7% 2020 -4.7% 2019 26.6% 2018 24.1% 2017 7.3% 2016 2.5% 2015 10.2% Fund Manager information for Kotak Gold Fund
Name Since Tenure Abhishek Bisen 25 Mar 11 14.7 Yr. Jeetu Sonar 1 Oct 22 3.17 Yr. Data below for Kotak Gold Fund as on 30 Nov 25
Asset Allocation
Asset Class Value Cash 1.58% Other 98.42% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kotak Gold ETF
- | -100% ₹4,807 Cr 456,930,011
↑ 6,383,298 Triparty Repo
CBLO/Reverse Repo | -0% ₹10 Cr Net Current Assets/(Liabilities)
Net Current Assets | -0% -₹7 Cr
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