ICICI Prudential Regular Gold Savings Fund FOF
Others
Direct
Sector - Precious Metals
NAV as on 05-09-2024
₹ 23.41
1D
Inception Returns
6.4%
/yr
About the Fund
ICICI Prudential Regular Gold Savings Fund FOF is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Nishit Patel, Manish Banthia. This fund gives you the benefit of diversification.
Key Parameters
- ICICI Prudential Regular Gold Savings Fund FOF has ₹999 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
ICICI Prudential Regular Gold Savings Fund FOF has given a CAGR return of 6.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.04%, 13.67% and 11.58% respectively.
Holdings
ICICI Prudential Regular Gold Savings Fund FOF has allocated its funds majorly in Cash Equivalent. Its top holdings are ICICI Pru Gold ETF
Taxation
As it is a sector - precious metals mutual fund the taxation is as follows:Unknown asset type.
Investment objective of ICICI Prudential Regular Gold Savings Fund FOF
ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold ETF (IPru Gold ETF). However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. ICICI Prudential Regular Gold Savings Fund FOF has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.59% |
Benchmark | Domestic Price of Gold |
| AUM | ₹999 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 15.62% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (05-Sep-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Pru Gold ETF | 99.94% | 6.9% |
Mutual Fund Insights
ICICI Prudential Regular Gold Savings Fund FOF Highlights
High Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.59%
Frequently Asked Questions
ICICI Prudential Regular Gold Savings Fund FOF | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 11.36% | 11.36% |
1 Year Returns | 19.04% | 19.04% |
3 Years Returns | 46.86% | 13.67% |
5 Years Returns | 72.92% | 11.58% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.