Compare Funds

Detailed comparison on parameters like NAV | Returns | Risk | Rating | Analysis

SBI Gold Direct Plan Growth

Other
FoF Overseas/Domestic
4.0
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Nippon India Gold Savings Fund Direct Growth

Other
FoF Overseas/Domestic
2.0
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SBI Gold Direct Plan Growth

(22.3%)

Nippon India Gold Savings Fund Direct Growth

(21.6%)
1Y
3Y
5Y
Fund Details
RiskHighHigh-
Min SIP Amount₹500₹100-
Expense Ratio0.10%0.13%-
NAV₹23.0 (19-Apr-2024)₹30.1 (19-Apr-2024)-
Fund Started01-Jan-201331-Dec-2012-
Fund Size₹1,604Cr₹1,709Cr-
Exit LoadExit load of 1% if redeemed within 15 days.Exit load of 1%, if redeemed within 15 days-
Returns
1Y
22.3%
21.6%
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3Y
14.7%
14.3%
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5Y
17.7%
17.3%
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Pros & Cons
Pros
1. Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
2. Lower expense ratio: 0.1%
3. Consistently top ranked fund
1. 1Y and 5Y annualised returns higher than category average
2. Lower expense ratio: 0.13%
3. 1Y category rank: 4
-
Cons
1. Lower alpha: -0.32 The fund has generated returns lower than benchmark - Domestic Price of Gold - in the last 3Y
1. Lower alpha: -0.35 The fund has generated returns lower than benchmark - Domestic Price of Gold Index - in the last 3Y
2. Low rating: 2
3. 3Y and 10Y annualised returns lower than category average
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Holding Analysis

Top 5
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Top 20
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-
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P/E
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-
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P/B
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-
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Turnover
-
-
-
Equity
-
-
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Cash
-
-
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Top Holdings

Top 10 Holdings
Name
Assets
SBI Gold ETF
100.0%
Name
Assets
Nippon India ETF Gold BeES
100.0%
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Fund Manager
Name
Raviprakash Sharma
Himanshu Mange
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Education
Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).
Mr. Mange has done B.Com and CA
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Experience
Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
Prior to joining Nippon India MF, he has worked with Tata AIA Life Insurance, Pipalia Singhal & Associates, Felix Solutions, Lodha Group and N.B.Gandhi & Co.
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About Fund
Description

SBI Mutual Fund started their mutual fund on 29/06/1987 and its managing total assets of ₹1,88,455 Cr. Its ranked at 5 as per total assets at end of 30th Sep 2017.

Reliance Mutual Fund started their mutual fund on 30/06/1995 and its managing total assets of ₹2,32,169 Cr. Its ranked at 3 as per total assets at end of 30th Sep 2017.

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Launch Date

29 Jun 1987

30 Jun 1995

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Custodian

SBI SG Global Securities Services Pvt.Ltd.

Deutsche Bank

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Registrar & Transfer Agent

Cams

KFin Tech

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