LIC MF Gold ETF Fund of Fund -Regular Plan-Growth

LIC MF Gold ETF Fund of Fund -Regular Plan-Growth is a scheme launched by IDBI Mutual Fund on August 14, 2012, and falls under the Gold fund category. It currently manages an AUM of Rs 253.72 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.66% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund.

• Performance:

  LIC MF Gold ETF Fund of Fund -Regular Plan-Growth trailing returns over different times are 49.76% (1 year), 27.43% (3 year) and 15.12% (5 year). The average annual return of this fund stands at 44.09%.