Fund Details
Aditya Birla Sun Life Gold Exchange Traded Fund
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.47% |
| NAV | ₹4378.54 (23 Jul 2021) |
|---|---|
| Fund Started | 13 May 2011 |
| Fund Size | ₹292 Cr |
Returns
Comparison
1. Exit load is zero
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. 10Y Returns are higher than the category average returns
5. Lower expense ratio - 0.47%
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOLD - BULLION | Miscellaneous | Gold | 99.7% |
| Net Receivables/(Payable) | Current Assets | Net Receivables/(Payables) | 0.1% |
| CBLO(CCIL) | Current Assets | Money Market | 0.1% |
Fund Managers
Aditya Birla Sun Life Gold Exchange Traded Fund Details
Aditya Birla Sun Life Gold Exchange Traded Fund is a Other Mutual Fund Scheme launched by Aditya Birla Sun Life Mutual Fund. This scheme was made available to investors on 13 May 2011. Pranay Sinha is the Current Fund Manager of Aditya Birla Sun Life Gold Exchange Traded Fund fund.The fund currently has an Asset Under Management(AUM) of ₹292 Cr and the Latest NAV as of 23 Jul 2021 is ₹4378.54.
The Aditya Birla Sun Life Gold Exchange Traded Fund is rated Moderately High risk. Minimum SIP Investment is set to 6000.
Investment Objective
The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold. The performance of the scheme may differ from that of domestic price of gold due to expense and other related factors.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
