IDBI Gold Direct Growth+0.46%

2Groww
22.12%
1 Year Return
Others
FoF Domestic
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Gold Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.25%
NAV11.10 (20 Nov 2019)
Fund Started01 Jan 2013
Fund Size33 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Gold Direct Growth
22.1%
7.3%
5.8%
1.5%
Category Average
21.9%
5.4%
5.9%
-
Rank within category
1
5
2
-
*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
    0
    with 22.1% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Lower expense ratio
    3. 1Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    IDBI Gold Exchange Traded FundFinancialMutual Fund99.6%
    See All

    Other Details

    IDBI Gold Direct Growth is a Others Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Ashish Mishra is the Current Fund Manager of IDBI Gold Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹33 Cr and the Latest NAV as of 20 Nov 2019 is ₹11.10.

    The IDBI Gold Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year..

    Investment Objective

    The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund (IDBI GOLD ETF).

    Tax Implications

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

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Exit load of 1% if redeemed within 1 year.
    Exit Load

    Compare Funds

    IDBI Gold Direct Growth
    VS
    search

    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
    Similar Funds
    Data not available
    ⓒ 2019 Billionbrains Garage Ventures Pvt Ltd