SBI Gold Fund Direct Growth
Others
Direct
Sector - Precious Metals
NAV as on 19-11-2024
₹ 23.51
▲1.3%
1D
Inception Returns
6.8%
/yr
About SBI Gold Fund Direct Growth
SBI Gold Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Raviprakash Sharma. This fund gives you the benefit of diversification.
Key Parameters
- SBI Gold Fund Direct Growth has ₹2522 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
SBI Gold Fund Direct Growth has given a CAGR return of 6.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.09%, 14.46% and 13.80% respectively.
Holdings
SBI Gold Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are SBI Gold ETF
Taxation
As it is a sector - precious metals mutual fund the taxation is as follows:Unknown asset type.
Investment objective of SBI Gold Fund Direct Growth
The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by SBI Gold ETF.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Gold Fund Direct Growth has no lock in period.
Historical NAV & Returns
SBI Gold Fund Direct Growth Overview
| Expense ratio | 0.1% |
Benchmark | Price of Gold TR INR |
| AUM | ₹2522 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 5.21% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   High Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 SBI Gold ETF | 100.11% | 6.9% |
Mutual Fund Insights
SBI Gold Fund Direct Growth Highlights
High Risk
About the fund
AUM size ₹2522 Cr
Expense Ratio 0.1%
Frequently Asked Questions for SBI Gold Fund Direct Growth
SBI Gold Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.27% | -2.27% |
6 Month Returns | 2.81% | 2.81% |
1 Year Returns | 23.09% | 23.09% |
3 Years Returns | 49.96% | 14.46% |
5 Years Returns | 90.83% | 13.8% |
- 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.