1M
6M
1Y
3Y
5Y
All
| NAV: 28 Jul 2021 | ₹4,312.45 |
|---|---|
| Min. SIP Amount | NA |
| Rating | 3star |
|---|---|
| Fund Size | ₹76.96 Cr |
Holdings (2)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOLD - BULLION | Miscellaneous | Gold | 99.7% |
Triparty Repo | Current Assets | Money Market | 0.6% |
Pros and cons
Category: Other Index
Pros
- Exit load is zero
- Age is more than 10 years
- 3Y Returns are higher than the category average returns
- 5Y Returns are higher than the category average returns
- 10Y Returns are higher than the category average returns
Cons
- Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
- 1Y Returns are lower than the category average returns
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Expense ratio, exit load and tax
Expense ratio: 0.55%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
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.
Understand termsinfo
Fund management
Nitish Sikand
Mar 2010 - Present
View Details
Education
Mr. Sikand holds a Commerce degree and is an MBA with a specialization in Finance.
Experience
Prior to joining Invesco Mutual Fund, he has worked with ICICI Bank as Product Manager, JM Financial Asset Management & Citicorp Maruti Finance Limited.
Also manages these schemes
Krishna Venkat Cheemalapati
Jan 2020 - Present
View Details
Education
Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience
Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #16 in India |
|---|---|
| Total AUM | 36,839.43 Cr |
| Date of Incorporation | 24 Jul 2006 |
|---|
Invesco India Gold Exchange Traded Fund is a Other Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on
Invesco India Gold Exchange Traded Fund is a Other Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 24 Jul 2006. Nitish Sikand is the Current Fund Manager of Invesco India Gold Exchange Traded Fund fund.The fund currently has an Asset Under Management(AUM) of ₹36,839 Cr and the Latest NAV as of 28 Jul 2021 is ₹4312.45.
The Invesco India Gold Exchange Traded Fund is rated Moderately High risk. Minimum SIP Investment is set to 5000.
...Read more
Investment Objective
The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold.
The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold.
| Fund benchmark | Domestic Price of Gold |
|---|
Fund house contact details
Address
3rd Floor, GYS Infinity, Paranjpe 'B' Scheme, Subhash Road, Vile Parle (East), Mumbai 400 057
Phone
022 - 67310000
Launch Date
24 Jul 2006
E-mail
[email protected]Website
NA
Invesco Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Invesco India Gold Exchange Traded Fund
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