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Nippon India Gold Savings Fund

Nippon India Gold Savings Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3.91

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,219 today.

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NAV Performance

Nippon India Gold Savings Fund performance graph for last 3 years
Performance of Nippon India Gold Savings Fund for last 3 Years

Fund Information

  • ₹ 23.339

    as on 22 Sep 2023
  • Regular - Growth

  • -

  • ₹ 100

  • ₹ 1,550 Cr.

  • 0.35%

  • 02 Jan 2013

  • Gold - Gold Savings

  • Nifty 50

  • Nippon India Mutual Fund

    Show All Funds

Highlights of this fund

Nippon India Gold Savings Fund is an Open-ended Gold Fund. The fund belongs to Gold Savings category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 02 Jan 2013. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Gold funds offered by Nippon India Mutual Fund.

Latest NAV of the fund is ₹ 23.339 as on 22 Sep 2023.

This fund has 10 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.35%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 100. Lumpsum invest is offered with minimum investment of ₹ 100.

Fund Objective

To seek to provide returns that closely correspond to returns provided by Reliance Gold ExchangeTraded Fund (RGETF).

List of Fund Managers of Nippon India Gold Savings Fund

  • About Mehul Dama

    Picture of Mehul DamaMehul Dama is an Exchange Traded Fund Manager at Reliance Mutual Fund and is also responsible for ETF dealing desk. He is a commerce graduate from Mumbai University and a qualified Chartered Accountant. He has over 14 years of experience across financial services industry and Big Four Accounting Firms with Asset Management industry experience of over 8 years. His previous stint includes Goldman Sachs Asset Management (India) Private Limited as Vice President – Controller, and Benchmark Asset Management Company Private Limited as Assistant Vice President – Operations and Lovelock & Lewes (member firm of PricewaterhouseCoopers) as Assistant Manager in assurance division.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 1.35% 0.96% 0.63% 17.61% 11.42% 4.58% 12.85% 5.76% 9.22% 10.44% 8.68% 10.48% 8.93%
Category Average 0.74% 0.70% 0.12% 16.33% 11.02% 4.04% 12.58% 5.46% 8.30% 9.83% 8.19% 9.99% 8.81%
Nippon India Gold Savings Fund 0.61%₹ 10,061 0.64%₹ 10,064 0.20%₹ 10,020 16.43%₹ 11,643 8.20%₹ 12,526 10.79%₹ 12,275 9.70%₹ 26,466 3.91%₹ 11,219 8.04%₹ 40,647 12.44%₹ 17,984 9.88%₹ 76,942 5.39%₹ 16,907 8.71%₹ 1,88,208
Axis Gold Fund 0.95%₹ 10,094 0.83%₹ 10,083 0.63%₹ 10,062 17.25%₹ 11,724 9.22%₹ 12,591 11.24%₹ 12,373 10.44%₹ 26,659 4.58%₹ 11,436 8.68%₹ 41,037 12.85%₹ 18,311 10.48%₹ 78,108 5.12%₹ 16,487 8.89%₹ 1,90,030
IDBI Gold Fund 0.80%₹ 10,080 0.73%₹ 10,073 -0.14%₹ 9,986 17.61%₹ 11,761 8.37%₹ 12,537 11.38%₹ 12,405 9.86%₹ 26,508 4.36%₹ 11,365 8.41%₹ 40,872 12.33%₹ 17,894 9.90%₹ 76,982 5.08%₹ 16,424 8.46%₹ 1,85,815
SBI Gold Fund 0.86%₹ 10,086 0.72%₹ 10,071 -0.28%₹ 9,972 16.41%₹ 11,641 8.29%₹ 12,531 11.08%₹ 12,338 9.93%₹ 26,527 4.18%₹ 11,308 8.29%₹ 40,798 12.74%₹ 18,229 10.12%₹ 77,407 5.62%₹ 17,283 8.93%₹ 1,90,471
HDFC Gold Fund 0.64%₹ 10,064 0.93%₹ 10,093 0.38%₹ 10,037 16.38%₹ 11,637 8.50%₹ 12,545 10.90%₹ 12,299 9.90%₹ 26,518 4.07%₹ 11,271 8.19%₹ 40,739 12.59%₹ 18,106 9.99%₹ 77,166 5.62%₹ 17,286 8.87%₹ 1,89,793
Quantum Gold Savings Fund 0.62%₹ 10,062 0.56%₹ 10,056 0.31%₹ 10,030 16.58%₹ 11,657 8.36%₹ 12,536 10.99%₹ 12,319 9.92%₹ 26,523 3.98%₹ 11,240 8.24%₹ 40,768 12.63%₹ 18,136 10.03%₹ 77,240 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Gold Savings Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    0.00%