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Home>Mutual Funds>ICICI Prudential Mutual Fund>ICICI Prudential Regular Gold Savings (FOF) Direct Growth

ICICI Prudential Regular Gold Savings (FOF) Direct Growth

Other
FoF Overseas/Domestic
High Risk
15.61%
3Y annualised
+0.40% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 May 2022₹17.02
Min. SIP amount₹100
Rating3
Fund size₹687.85Cr

Returns and rankings

Category: Other FoF Overseas/Domestic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns4.0%15.6%10.6%4.5%
Category average-1.6%14.9%7.0%NA
Rank with in category499NA
Understand terms

Holdings (1)

NameSectorInstrumentAssets
ICICI Prudential Gold Exchange Traded Fund-IDCWFinancialMutual Fund100.0%

Pros and cons

Category: Other FoF Overseas/Domestic

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Lower expense ratio: 0.09%

Cons

Lower alpha: -1.14 The fund has generated returns lower than benchmark - Domestic Price of Gold - in the last 3Y

Expense ratio, exit load and tax

Expense ratio: 0.09%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 15 days

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Manish Banthia
Jan 2013 - Present
View details

Education
Mr. Banthia is B.Com, CA and MBA
Experience
He is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
Also manages these schemes

Nishit Patel
Dec 2020 - Present
View details

Education
Mr. Patel is a B.Com & Chartered Accountant
Experience
ICICI Prudential Asset Management Company Limited - ETF Business - November 2018 - January 2020.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
One BKC , A Wing ,13th Floor, Bandra Kurla Complex, Mumbai 400051
Phone
022-26525000 / 1800-222-999 / 1800-200-6666
Launch Date
12 Oct 1993
Website
NA
Amc Image
ICICI Prudential Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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FAQs

How to Invest in ICICI Prudential Regular Gold Savings (FOF) Direct Growth?

You can easily invest in ICICI Prudential Regular Gold Savings (FOF) Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for ICICI Prudential Regular Gold Savings (FOF) Direct Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in ICICI Prudential Regular Gold Savings (FOF) Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does ICICI Prudential Regular Gold Savings (FOF) Direct Growth provide?

The ICICI Prudential Regular Gold Savings (FOF) Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.99% since its inception.

How much expense ratio is charged by ICICI Prudential Regular Gold Savings (FOF) Direct Growth?

The term Expense Ratio used for ICICI Prudential Regular Gold Savings (FOF) Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of ICICI Prudential Regular Gold Savings (FOF) Direct Growth is 0.09% as of 28 May 2022...

What is the AUM of ICICI Prudential Regular Gold Savings (FOF) Direct Growth?

The AUM, short for Assets Under Management of ICICI Prudential Regular Gold Savings (FOF) Direct Growth is ₹687.85Cr as of 28 May 2022.

How to Redeem ICICI Prudential Regular Gold Savings (FOF) Direct Growth?

If you want to sell your ICICI Prudential Regular Gold Savings (FOF) Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of ICICI Prudential Regular Gold Savings (FOF) Direct Growth?

You can select either SIP or Lumpsum investment of ICICI Prudential Regular Gold Savings (FOF) Direct Growth based on your investment objective and risk tolerance.

What is the NAV of ICICI Prudential Regular Gold Savings (FOF) Direct Growth?

The NAV of ICICI Prudential Regular Gold Savings (FOF) Direct Growth is ₹17.02 as of 27 May 2022.

What is the PE and PB ratio of ICICI Prudential Regular Gold Savings (FOF) Direct Growth?

The PE ratio ratio of ICICI Prudential Regular Gold Savings (FOF) Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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