|Min SIP Amount||Not Supported|
|NAV||₹43.14 (09 Jul 2020)|
|Fund Started||08 Mar 2007|
|Fund Size||₹3,996 Cr|
|GOLD - BULLION||Miscellaneous||Gold||99.8%|
|Triparty Repo||Current Assets||Money Market||0.2%|
|Current Assets||Current Assets||Current Assets||0.0%|
|Term Deposit||Financial Services||FD||0.0%|
Nippon India ETF Gold BeES is a Others Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 08 Mar 2007. Payal Kaipunjal is the Current Fund Manager of Nippon India ETF Gold BeES fund.The fund currently has an Asset Under Management(AUM) of ₹3,996 Cr and the Latest NAV as of 09 Jul 2020 is ₹43.14.
The Nippon India ETF Gold BeES is rated Moderately High risk.
The investment objective of Gold Benchmark Exchange Traded Scheme (Gold BeES) is to provide returns that, before expenses, closely correspond to the returns provided by domestic price of gold through physical Gold.However, the performance of Scheme may differ from that of the domesticprices of Gold due to expenses and certain other factors. There can be noassurance or guarantee that the investment objective of Gold BeES will beachieved.
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.