SBI ETF Gold is a Others Mutual Fund Scheme launched by SBI Mutual Fund. This scheme was introduced to investors on 18 May 2009. Arun Agrawal is the Current Fund Manager of SBI ETF Gold.The fund currently has an Asset Under Management(AUM) of ₹963 Cr and the Latest NAV as of 30 Mar 2020 is ₹3987.92.
The SBI ETF Gold is rated Moderately High risk. Minimum SIP Investment is 1. Nil.
The investment objective of the fund is to seek to provide returns that closely correspond to returns provided by price of gold through investment in physical Gold However, the performance of the scheme may differ from that of the underlying asset due to tracking error.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment