How to Invest in IDBI Gold Direct Growth?

You can easily invest in IDBI Gold 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 IDBI Gold 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 IDBI Gold Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does IDBI Gold Direct Growth provide?

The IDBI Gold Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 14.96% since its inception.

How much expense ratio is charged by IDBI Gold Direct Growth?

The term Expense Ratio used for IDBI Gold 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 IDBI Gold Direct Growth is 0.32% as of 21 Jan 2026...

What is the AUM of IDBI Gold Direct Growth?

The AUM, short for Assets Under Management of IDBI Gold Direct Growth is ₹623.38Cr as of 21 Jan 2026.

How to Redeem IDBI Gold Direct Growth?

If you want to sell your IDBI Gold 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 IDBI Gold Direct Growth?

You can select either SIP or Lumpsum investment of IDBI Gold Direct Growth based on your investment objective and risk tolerance.

What is the NAV of IDBI Gold Direct Growth?

The NAV of IDBI Gold Direct Growth is ₹16.63 as of 28 Jul 2023.

What is the PE and PB ratio of IDBI Gold Direct Growth?

The PE ratio ratio of IDBI Gold 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).

IDBI Gold Direct Growth

Name: IDBI Gold Direct Growth
Brand: IDBI Mutual Fund

Others

Gold

High Risk

+3.38%

3Y annualised

-0.65% 1D

All

NAV: 28 Jul '23

₹16.63

Min. SIP amount

Not Supported

Fund size

₹623.38 Cr

Expense ratio

0.32%

Holdings (1)

Name	Sector	Instruments	Assets
IDBI Gold ETF	NA	Mutual Fund	100.01%

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+3.4%	+13.6%	+6.5%	+4.9%
Category average (Others Gold)	+34.1%	+21.0%	+17.0%	--
Rank (Others Gold)	6	1	10	--

Exit load, stamp duty and tax

Exit load

Exit load of 1%, if redeemed within 15 days.

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Check past data

Fund management

SB
Sumit Bhatnagar
Jun 2024 - Present
View details

Education

Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).

Experience

Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.

Also manages these schemes

LIC MF Large Cap Fund Direct Growth

LIC MF Value Fund Direct Growth

LIC MF BSE Sensex Index Fund Direct Growth

LIC MF Focused Fund Direct Growth

LIC MF Nifty 50 Index Fund Direct Growth

LIC MF Aggressive Hybrid Fund Direct Growth

LIC MF Consumption Fund Direct Growth

LIC MF Nifty Next 50 Index Fund Direct Growth

LIC MF Arbitrage Fund Direct Growth

LIC MF Gold ETF FoF Direct Growth

LIC MF Multi Asset Allocation Fund Direct Growth

LIC MF Equity Savings Fund Direct Growth

About IDBI Gold Direct Growth

IDBI Gold Direct Growth is a Others Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 29 Mar 2010. Sumit Bhatnagar is the Current Fund Manager of IDBI Gold Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and the Latest NAV as of 28 Jul 2023 is ₹16.63. The IDBI Gold Direct Growth is rated High risk. Minimum SIP Investment is set to ₹500. Exit load of 1%, if redeemed within 15 days. ;