Nippon India Gold Savings Fund-Growth plan- Growth Option
(Erstwhile Reliance Gold Savings Fund-Growth plan- Growth Option)
Fund House: Nippon India Mutual Fund| Category: Fund of Funds-Domestic-Gold |
| Launch Date: 05-03-2011 |
| Asset Class: Commodity/Energy |
| Benchmark: Domestic Price of Gold |
| TER: 0.35% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 1,709.27 Cr As on (31-03-2024) |
| Turn over: - | Exit Load: Exit load of 1%, if redeemed within 15 days |
28.2255
0.06 (0.2129%)
8.21%
Benchmark: 13.03%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
S&P BSE India Bond Index
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
9 Years 1 Months
There is no value for 4x
There is no value for 5x
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme seeks to provide returns that closely correspond to returns provided by Reliance Gold Exchange Traded Fund.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 11.11 |
| Sharpe Ratio | 0.75 |
| Alpha | -0.6 |
| Beta | 0.95 |
| Yield to Maturity | - |
| Average Maturity | 0.07 |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| Nippon India Gold Savings Fund-Growth plan- Growth Option | 05-03-2011 | 18.2 | 16.03 | 13.17 | 16.23 | 7.53 |
| SBI Gold Fund Regular Plan - Growth | 30-09-2011 | 18.48 | 16.26 | 13.49 | 16.58 | 7.76 |
| UTI Gold ETF Fund of Fund - Regular Plan - Growth Opton | 28-10-2022 | 18.46 | - | - | - | - |
| ICICI Prudential Regular Gold Savings Fund (FOF) - Growth | 01-10-2011 | 18.43 | 16.19 | 13.35 | 16.22 | 7.83 |
| Quantum Gold Savings Fund - Regular Plan Growth Option | 01-04-2017 | 18.36 | 16.24 | 13.41 | 16.34 | - |
| Axis Gold Fund - Regular Plan - Growth Option | 14-10-2011 | 18.28 | 16.25 | 13.48 | 16.56 | 7.25 |
| Aditya Birla Sun Life Gold Fund-Growth | 20-03-2012 | 18.19 | 15.53 | 13.25 | 16.34 | 7.74 |
| HDFC Gold Fund - Growth Option | 05-11-2011 | 18.06 | 16.12 | 13.32 | 16.36 | 7.73 |
| Quantum Gold Fund | 22-02-2008 | 18.02 | 15.96 | 13.75 | 16.71 | 8.66 |
| Kotak Gold Fund Growth | 18-03-2011 | 17.98 | 15.45 | 12.9 | 16.16 | 7.67 |
Scheme Characteristics
Minimum investment in the underlying fund - 95% of total assets.
Riskometer
PORTFOLIO
Market Cap Distribution
Others
100.0%
