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Fincash » Mutual Funds » Reliance Gold Savings Fund

Nippon India Gold Savings Fund - G

NAV  ₹25.7502 ↓ -0.11  (-0.41 %) as on 18 Mar 24

Scheme Objective

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 launched on 7 Mar 11. It is a fund with Moderately High risk and has given a CAGR return of 7.5% since its launch.  Return for 2023 was 14.3% , 2022 was 12.3% and 2021 was -5.5% .

Below is the key information for Nippon India Gold Savings Fund

NAV as on 18 Mar 24₹25.7502 ↓ -0.11  (-0.41 %)
Net Assets (AUM) as on 31 Jan 2024 ₹1,603 Cr.
Launch Date7 Mar 2011
CategoryGold - Gold
Rating
TypeOpen Ended Fund
RiskModerately High
AMCNippon Life Asset Management Ltd.
Alpha Ratio0.0
Expense Ratio0.38 %
Sharpe Ratio0.234
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹5,000
Min SIP Investment ₹100
Exit Load 0-1 Years (2%),1 Years and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Mar 24

DurationReturns
1 Month 6%
3 Month 5.6%
6 Month 9.8%
1 Year 11.2%
3 Year 11.9%
5 Year 14.2%
10 Year
15 Year
Since launch 7.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 14.3%
2022 12.3%
2021 -5.5%
2020 26.6%
2019 22.5%
2018 6%
2017 1.7%
2016 11.6%
2015 -8.1%

Growth of 10k Over Years

DateValue
28 Feb 19₹10,000
29 Feb 20₹12,623
28 Feb 21₹13,560
28 Feb 22₹14,621
28 Feb 23₹15,845
29 Feb 24₹17,582
Nippon India Gold Savings Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.24%
Other98.76%
Nippon India Gold Savings Fund Asset Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Nippon India ETF Gold BeES
- | -
100%₹1,589 Cr301,090,489
↑ 725,000
Triparty Repo
CBLO/Reverse Repo | -
0%₹4 Cr
Net Current Assets
Net Current Assets | -
0%-₹4 Cr
Cash Margin - Ccil
CBLO | -
0%₹0 Cr
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Fund Managers

NameSinceTenure
Himanshu Mange23 Dec 230.19 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Nippon India Mutual Fund9th Floor, Crescenzo, C-38 & 39,,G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051

Auditors

CompanyAddress
Haribhakti & Co. Chartered Accountants42, Free Press House,4th Floor,,215, Nariman Point,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Nippon India Gold Savings Fund
Normal Dividend, Payout
₹25.7502
↓ -0.11
9.85 %11.2 %11.89 %14.17 %
Nippon India Gold Savings Fund
Normal Dividend, Reinvestment
₹25.7502
↓ -0.11
9.85 %11.2 %11.89 %14.17 %
Nippon India Gold Savings Fund
Growth
₹25.7502
↓ -0.11
9.85 %11.2 %11.89 %14.17 %
Data as on 18 Mar 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.