ICICI Prudential Regular Gold Savings Fund (FOF) - Growth
Fund House: ICICI Prudential Mutual Fund| Category: Fund of Funds-Domestic-Gold |
| Launch Date: 01-10-2011 |
| Asset Class: Commodity/Energy |
| Benchmark: Domestic Price of Gold |
| TER: 0.44% As on (31-07-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 714.04 Cr As on (31-08-2023) |
| Turn over: - | Exit Load: Exit load of 1% if redeemed within 15 days |
18.8638
-0.02 (-0.1166%)
5.45%
Benchmark: 12.45%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme aims to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 11.32 |
| Sharpe Ratio | -0.04 |
| Alpha | -0.87 |
| Beta | 0.93 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| ICICI Prudential Regular Gold Savings Fund (FOF) - Growth | 01-10-2011 | 17.56 | 11.43 | 3.74 | 12.39 | 5.78 |
| LIC MF Gold ETF Fund of Fund -Regular Plan-Growth | 14-08-2012 | 18.44 | 11.7 | 4.03 | 12.3 | 5.07 |
| Aditya Birla Sun Life Gold Fund-Growth | 20-03-2012 | 18.25 | 11.64 | 3.48 | 12.56 | 5.69 |
| Axis Gold Fund - Regular Plan - Growth Option | 14-10-2011 | 18.03 | 11.78 | 4.1 | 12.85 | 5.12 |
| Quantum Gold Savings Fund - Regular Plan Growth Option | 01-04-2017 | 18.0 | 11.56 | 3.57 | 12.66 | - |
| Quantum Gold Fund | 22-02-2008 | 17.97 | 11.8 | 3.79 | 12.85 | 5.87 |
| SBI Gold Fund Regular Plan - Growth | 30-09-2011 | 17.69 | 11.61 | 3.71 | 12.78 | 5.63 |
| HDFC Gold Fund - Growth Option | 05-11-2011 | 17.51 | 11.43 | 3.54 | 12.62 | 5.63 |
| Nippon India Gold Savings Fund-Growth plan- Growth Option | 05-03-2011 | 17.34 | 11.36 | 3.37 | 12.48 | 5.4 |
| Kotak Gold Fund Growth | 18-03-2011 | 17.18 | 10.76 | 3.27 | 12.76 | 5.53 |
Scheme Characteristics
Minimum investment in the underlying fund - 95% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
Tax Benefits of investing in this fund
Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.
Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.
** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.
