Nippon India Gold Savings Fund Direct Growth

Nippon India Gold Savings Fund Direct Growth

Others

Direct

Sector - Precious Metals

NAV as on 12-03-2025

₹ 34.93

-0.1%

1D

Inception Returns

7.5%

/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 . This fund gives you the benefit of diversification.

Key Parameters

  1. Nippon India Gold Savings Fund Direct Growth has ₹2623 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 1.

Returns

Nippon India Gold Savings Fund Direct Growth has given a CAGR return of 7.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.49%, 16.62% and 13.43% 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

Absolute

zero opening, trading, fund transfer fee
11415 people have invested ₹ 4.5Cr in Nippon India Gold Savings Fund Direct Growth in the last three months

Nippon India Gold Savings Fund Direct Growth Overview

Expense ratio0.95%
Benchmark
Domestic Price of Gold
AUM₹2623 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
5.02%
STCGIf held for less than 24 months - slab rates.
LTCGIf held for more than 24 months - 12.5% without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (12-Mar-25)

Period
Nippon India Gold Savings Fund Direct Growth
Gold Price
1M
0.1%
1.2%
3M
10.8%
7.9%
6M
18.6%
17.3%
1Y
28.5%
29.6%
3Y
16.6%
14.9%
5Y
13.4%
13.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 3.1%

Sector Allocation

Jan'25

Dec'24

Nov'24

Cash Equivalent
100%
  • Equity

Holdings
Weight%
1M Change
Nippon India ETF Gold BeES
Nippon India ETF Gold BeES
98.36%
2.8%
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Fund House
Nippon Life India Asset Management Ltd
Total Schemes
Total AUM
₹4.25L Cr
as on 31-Jan-2025
Address
Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W)
Phone
022-68087000/18602660111
Website
customercare@nipponindiaim.in

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the higher side within the category (sector - precious metals). Its expense ratio is 0.95% which is higher than the category average expense ratio of 0.59%.
Insights icon
In the last 3 years, SBI Gold Fund Direct Plan Growth has given 17.23% return, outperforming this fund by 0.62% per annum.
Insights icon
In the last 1 year, HDFC Silver ETF Fund of Fund Direct Growth has given 30.58% return, outperforming this fund by 2.08%.
Insights icon
Over the last 3 months, this fund has experienced a 19.6% growth in AUM moving from 2.19K Cr to 2.62K Cr.
Insights icon
In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 13.83% return, outperforming this fund by 0.39% per annum.

Nippon India Gold Savings Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.52% since inception which is less than its category average return of 18.85%
AUM size ₹2623 Cr

AUM size ₹2623 Cr

This fund has AUM of ₹2623 Cr which is more than its category average of ₹ 963 Cr
Expense Ratio 0.95%

Expense Ratio 0.95%

This fund has an expense ratio of 0.95% which is more than its category average expense ratio of 0.5%

Frequently Asked Questions for Nippon India Gold Savings Fund Direct Growth

The current NAV of Nippon India Gold Savings Fund Direct Growth is ₹34.93 as on 12-Mar-2025.
Existing (Absolute + CAGR) as on 12-Mar-2025.
Nippon India Gold Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.13%
0.13%
6 Month Returns
18.63%
18.63%
1 Year Returns
28.49%
28.49%
3 Years Returns
58.59%
16.62%
5 Years Returns
87.81%
13.43%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.95% as on February 2025
₹2623 Cr as on February 2025
The Exit load of Nippon India Gold Savings Fund Direct Growth is 1%