Fund Details
Invesco India Gold Exchange Traded Fund
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.45% |
| NAV | ₹4096.38 (02 Mar 2021) |
|---|---|
| Fund Started | 12 Mar 2010 |
| Fund Size | ₹75 Cr |
Returns
Comparison
1. Lower expense ratio - 0.45%
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOLD - BULLION | Miscellaneous | Gold | 99.7% |
| Triparty Repo | Current Assets | Money Market | 0.6% |
| Net Receivables/(Payable) | Current Assets | Net Receivables/(Payables) | -0.4% |
Fund Managers
Invesco India Gold Exchange Traded Fund Details
Invesco India Gold Exchange Traded Fund is a Others Mutual Fund Scheme launched by Invesco Mutual Fund. This scheme was made available to investors on 12 Mar 2010. 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 ₹75 Cr and the Latest NAV as of 02 Mar 2021 is ₹4096.38.
The Invesco India Gold Exchange Traded Fund is rated Moderately High risk. Minimum SIP Investment is set to 5000.
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.
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.
