IDBI Gold Exchange Traded Fund-0.29%

4Groww
30.46%
1 Year Return
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Fund Details

IDBI Gold Exchange Traded Fund

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio0.35%
NAV3643.6 (21 Aug 2019)
Fund Started09 Nov 2011
Fund Size64 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Gold Exchange Traded Fund
30.5%
5.7%
6.1%
2.7%
Category Average
NA
NA
NA
-
Rank within category
5
2
1
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 30.5% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    GOLD - BULLIONMiscellaneousGold97.3%
    Triparty RepoCurrent AssetsMoney Market2.8%
    Net Receivables/(Payable)Current AssetsNet Receivables/(Payables)-0.1%
    See All

    Other Details

    IDBI Gold Exchange Traded Fund is a Others Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 09 Nov 2011. Ashish Mishra is the Current Fund Manager of IDBI Gold Exchange Traded Fund.The fund currently has an Asset Under Management(AUM) of ₹64 Cr and the Latest NAV as of 21 Aug 2019 is ₹3643.6.

    The IDBI Gold Exchange Traded Fund is rated Moderately High risk. Minimum SIP Investment is 1. Nil.

    Investment Objective

    To invest in physical Gold with the objective to replicate the performance of Gold in domestic prices. The ETF will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Fund and the underlying asset.

    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.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    IDBI Gold Exchange Traded Fund
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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    28 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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