Nippon India Gold Savings Fund Direct Growth
Others
Direct
Sector - Precious Metals
NAV as on 19-11-2024
₹ 30.79
▲1.3%
1D
Inception Returns
6.6%
/yr
About Nippon India Gold Savings Fund Direct Growth
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.
Key Parameters
- Nippon India Gold Savings Fund Direct Growth has ₹2237 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 1.
Returns
Nippon India Gold Savings Fund Direct Growth has given a CAGR return of 6.61% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 22.70%, 14.20% and 13.48% respectively.
Holdings
Nippon India Gold Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are Nippon India ETF Gold BeES
Taxation
As it is a sector - precious metals mutual fund the taxation is as follows:Unknown asset type.
Investment objective of Nippon India Gold Savings Fund Direct Growth
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 and lockin period
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.
Historical NAV & Returns
Nippon India Gold Savings Fund Direct Growth Overview
| Expense ratio | 0.95% |
Benchmark | Domestic Price of Gold |
| AUM | ₹2237 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 slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Nippon India ETF Gold BeES | 100.47% | 4.7% |
Mutual Fund Insights
Nippon India Gold Savings Fund Direct Growth Highlights
Very High Risk
About the fund
AUM size ₹2237 Cr
Expense Ratio 0.95%
Frequently Asked Questions for Nippon India Gold Savings Fund Direct Growth
Nippon India Gold Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.25% | -2.25% |
6 Month Returns | 2.77% | 2.77% |
1 Year Returns | 22.7% | 22.7% |
3 Years Returns | 48.93% | 14.2% |
5 Years Returns | 88.22% | 13.48% |
- 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.