IDBI Gold Direct Growth

Other
FoF Overseas/Domestic
High Risk
12.03%
3Y annualised
+0.35% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Mar 2023₹16.63
Min. SIP amount₹500
Rating3
Fund size₹42.34Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other FoF Overseas/Domestic
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns15.7%12.0%12.6%5.1%
Category average13.1%12.0%12.8%NA
Rank with in category139NA
Understand terms

Holdings (1)

NameSectorInstrumentAssets
IDBI Gold ETFFinancialMutual Fund99.9%

Pros and cons

Category: Other FoF Overseas/Domestic

Pros

Cons

1Y category rank: 1, 3Y category rank: 3
Lower alpha: -0.54 The fund has generated returns lower than benchmark - Domestic Price of Gold - in the last 3Y
Consistently higher annualised returns than category average for the past 1Y and 3Y
5Y and 10Y annualised returns lower than category average
Lower expense ratio: 0.26%

Expense ratio, exit load and tax

Expense ratio: 0.26%

Inclusive of GST

Exit load

Exit load of 1% if redeemed within 1 year.

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₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Nitin Dattaram Dalvi
Feb 2023 - Present
View details

Education
Mr. Dalvi has done B.Com and MBA
Experience
He has 18 years of exp. in Financial Markets including AMC, Institutional Securities
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
022-66442800 / 1800-419-4324
Launch Date
29 Mar 2010
Website
NA
IDBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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