SBI Gold Fund Direct Plan Growth
Others
Direct
Sector - Precious Metals
NAV: ₹ 22.95 as on 16-05-2024
About the Fund
SBI Gold Fund Direct Plan 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 Plan Growth has ₹1815 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.
Fund Performance
7652 people have invested ₹ 5.5Cr in SBI Gold Fund Direct Plan Growth in the last three months
Overview
 | 0.1% |
 Benchmark | Price of Gold TR INR |
 | ₹1815 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 17.77% |
SBI Gold Fund Direct Plan Growth Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of SBI Gold Fund Direct Plan Growth as on (30-Apr-24)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 SBI Gold ETF | 100.05% | 5.2% |
Mutual Fund Insights
In the last 3 years, this fund has outperformed all funds in its category.
In the last 1 year, Aditya Birla Sun Life Gold Fund Direct Plan Growth has given 18.2% return, outperforming this fund by 0.09%.
Over the last 6 months, this fund has experienced a 24.2% growth in AUM moving from 1.46K Cr to 1.81K Cr.
This fund has one of the lowest expense ratio in the category (sector - precious metals). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.58%.
In the last 5 years, Axis Gold Fund Direct Plan Growth option has given 16.69% return, outperforming this fund by 0.2% per annum.
Peer Analysis
Fund Manager
Raviprakash Sharma
Fund Manager of SBI Gold Fund Direct Plan Growth, since 12 September 2011
Top funds managed
SBI Gold Fund Direct Plan Growth Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 6.75% since inception which is less than its category average return of 12.79%
AUM size ₹1815 Cr
This fund has AUM of ₹1815 Cr which is more than its category average of ₹ 662 Cr
Expense Ratio 0.1%
This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions
The current NAV of SBI Gold Fund Direct Plan Growth is ₹22.95 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
SBI Gold Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.84% | -0.84% |
6 Month Returns | 19.65% | 19.65% |
1 Year Returns | 18.1% | 18.1% |
3 Years Returns | 48.38% | 14.06% |
5 Years Returns | 114.51% | 16.49% |
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.
0.1% as on April 2024
₹1815 Cr as on April 2024
Raviprakash Sharma is the fund manager of SBI Gold Fund Direct Plan Growth
The Exit load of SBI Gold Fund Direct Plan Growth is 1%