|Min SIP Amount||Not Supported|
|NAV||₹41.55 (23 Jul 2021)|
|Fund Started||08 Mar 2007|
|Fund Size||₹5,873 Cr|
|GOLD - BULLION||Miscellaneous||Gold||99.8%|
|Triparty Repo||Current Assets||Money Market||0.2%|
Nippon India ETF Gold BeES is a Other Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 08 Mar 2007. Mehul Dama is the Current Fund Manager of Nippon India ETF Gold BeES fund.The fund currently has an Asset Under Management(AUM) of ₹5,873 Cr and the Latest NAV as of 23 Jul 2021 is ₹41.55.
The Nippon India ETF Gold BeES is rated Moderately High risk.
The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors.
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.