|Fund Type||Open Ended|
|Benchmark||Price of Physical Gold|
|Asset Size(Cr)||399.27 (As on Nov 30, 2017)|
|Fund Manager||Raviprakash Sharma (6.3)|
|Min SIP Investment||500|
|Min Addl Investment||1000|
|Exit Load||1% for redemption within 365 days|
- Returns for less than one year are Absolute, and those for more than one year are Annualised (CAGR).
|Sector||Value(In Cr)||Allocation (%)|
|Fund Name||Ratings||1 Yr Rtn.||3 Yr Rtn.||5 Yr Rtn.|
|SBI Gold Fund (G)||4.59 %||3.49 %||-1.24 %|
|No. of Investment||Amount Invested||Investment Value As on date||Units Purchased||CAGR|
| No. of Investment
|| Amount Invested
|| Investment Value As on date
|| Units Purchased || CAGR
The graph depicts the wealth generated or the historical returns offered by the SIP investments made in the selected time horizon.
|Total Amount Invested||Investment Value As on Date||Total Units Purchased||Abs. Return|
| Total Amount Invested
|| Investment Value As on Date
|| Total Units Purchased || Abs. Return
The graph depicts the wealth generated or the historical returns offered by the lump sum investments made in the selected time horizon.
|Sector||Value(In Cr)||Allocation (%)|
|Holdings||Instrument||Industry||Rating||Market Value||% to NAV|
|SBIGoldExchangeTradedScheme||Mutual Fund - ETF||-||-||3985.477||99.8179|
Gold investments are considered to be the most efficient sources to create wealth and confirm financial security. The SBI Gold Fund growth is one of the best-performing mutual fund programme that provides returns on the basis of the performance of gold in the market. The value of the investment is derived from the underlying asset which is gold. Being a product from SBI SIP, it is considered to be one of the most preferred and trusted schemes to invest the hard-earned money in order to gain substantial income over a period of time. For those investors who seek to play safe by making gold investments, SBI Gold Mutual Fund is the best alternative for them.
SBI Gold Fund G is a ‘Fund of Funds- Commodity-Oriented Scheme’ which aims to yield considerable income in correspondence with the returns generated by SBI Gold Exchange Traded Fund. It is a growth-oriented investment plan which offers accumulation of wealth to enhance the financial stability of the investors. The scheme was launched in 2011 and holds an asset size of Rs.475 crore as of November 30, 2016. This shows that in a few years sbi gold mutual fund scheme has gained preference in the industry and people have invested their capital in the same to gain income. If you too desire to make an investment in this plan and need to know more about it, then here, we have provided a synopsis of sbi gold fund scheme to help you gain the same.
Being categorised under the FOF(Fund of Funds) class, the scheme has a highly-diversified investment portfolio which has made investments in some other mutual fund programmes. The benchmark against which its performance is measured is ‘Price of Gold’, i.e., as per the gold rates prevailing in the market this fund’s value is determined and evaluated. One has the option to invest in this scheme either by making a lump sum payment of minimum Rs.5000 or initiate an SIP(Systematic Investment Plan). The risk associated with this product is moderately higher and is recommended to those investors only who can bear the same.
SBI Gold Mutual Fund NAV amounted to Rs.9.1523 as on December 09, 2016, which indicates its per-unit market price. You can plan to invest in this programme by taking help from SIP Planner that would assist you in computing the future value of your investment.
The scheme’s performance helps in gaining substantial understanding about the fact that whether or not we would be able to generate the expected returns. This mutual fund investment plan has been offering tremendous growth opportunity to the investors since its inception by yielding substantial returns. As per the prevailing rates of gold in the market, this strategy generates returns and thus helps investors in attaining their financial goals.
Being a Fund of Funds, 99.93% of the investment by sbi gold fund growth scheme is made in other mutual fund programmes and the remaining has been put in the money market and other instruments. The entire holdings of this plan are in the SBI Exchange Traded Fund Gold, and the instrument is named as Gold ETF. The portfolio is well designed and focussed on generating remarkable profits for the investors.
Accordingly, the investors can invest their money in SBI Gold Fund G in order to attain the benefits of gold investments. Instead of putting the funds in the gold jewellery, it would be better to yield profits from the Gold ETFs. We recommend sbi gold fund scheme to everyone due to its performance and effective management that assure promising results. If you need assistance for investing in sbi gold fund plan, you can avail the services of our fund analysts anytime.
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