Others
Direct
Sector - Precious Metals
NAV as on 06-09-2024
₹ 29.32
▲0.2%
1D
Inception Returns
6.3%
/yr
Nippon India Gold Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Mehul Dama. This fund gives you the benefit of diversification.
Nippon India Gold Savings Fund Direct Growth has given a CAGR return of 6.28% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.41%, 13.60% and 12.50% respectively.
Nippon India Gold Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are Nippon India ETF Gold BeES
As it is a sector - precious metals mutual fund the taxation is as follows:Unknown asset type.
The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Nippon India ETF Gold BeES.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Nippon India Gold Savings Fund Direct Growth has no lock in period.
Expense ratio | 0.14% |
Benchmark | Domestic Price of Gold |
AUM | ₹1907 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 5.02% |
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 |
as on (06-Sep-24)
as on (31-Dec-69)
Nippon India Gold Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.46% | 3.46% |
6 Month Returns | 10.77% | 10.77% |
1 Year Returns | 20.41% | 20.41% |
3 Years Returns | 46.61% | 13.6% |
5 Years Returns | 80.22% | 12.5% |