Nippon India Gold Savings Fund Direct Growth

Other
FoF Overseas/Domestic
High Risk
11.10%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 07 Feb 2023₹23.77
Min. SIP amount₹100
Rating2
Fund size₹1,431.38Cr

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 returns17.7%11.1%12.5%5.1%
Category average17.8%11.2%12.6%NA
Rank with in category887NA
Understand terms

Holdings (1)

NameSectorInstrumentAssets
Nippon India ETF Gold BeESFinancialMutual Fund100.0%

Pros and cons

Category: Other FoF Overseas/Domestic

Pros

Cons

10Y annualised returns higher than category average by 0.09%
Lower alpha: -1.32 The fund has generated returns lower than benchmark - Domestic Price of Gold Index - in the last 3Y
Lower expense ratio: 0.19%
Low rating: 2
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y

Expense ratio, exit load and tax

Expense ratio: 0.19%

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 15 days

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₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Mehul Dama
Nov 2018 - Present
View details

Education
Mr. Dama has done C.A. & B.Com
Experience
Prior to joining Nippon India Mutual Fund, he has worked with Goldman Sachs Asset Management(India) Private Ltd. as Vice President, Benchmark Asset Management Company Private Ltd. as Assistant Vice President and Lovelock & Lewes as Assistant Manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
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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