Fund Performance
Lumpsum
SIP
11.41
as on 24 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,828 today.
NAV Performance
Fund Information
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₹ 23.692
as on 24 Mar 2023 -
Regular - Growth
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₹ 100
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₹ 1,444 Cr.
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0.47%
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02 Jan 2013
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Nifty 50
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Nippon India Mutual Fund
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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 ₹ 23.692 as on 24 Mar 2023.
This fund has 10 years of track record. Since 30 Nov 2021 expense ratio of this fund is 0.47%. 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
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About Mehul Dama
Mehul 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 Moderately 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 | 6.58% | 10.64% | 19.71% | 14.81% | 14.31% | 11.54% | 13.32% | 5.89% | 27.09% | 17.54% | 11.67% | 13.30% | 9.75% |
| Category Average | 6.32% | 9.24% | 18.81% | 14.20% | 13.91% | 10.81% | 12.83% | 5.62% | 25.61% | 16.77% | 11.23% | 13.08% | 9.57% |
| Nippon India Gold Savings Fund | 6.50%₹ 10,650 | 8.92%₹ 10,891 | 18.66%₹ 11,866 | 13.77%₹ 11,377 | 25.58%₹ 13,591 | 13.96%₹ 12,986 | 16.62%₹ 28,262 | 11.41%₹ 13,828 | 11.12%₹ 42,514 | 12.61%₹ 18,117 | 12.97%₹ 83,048 | 5.61%₹ 17,275 | 9.48%₹ 1,95,981 |
| ICICI Prudential Regular Gold Savings Fund (FoF) | 6.22%₹ 10,621 | 8.94%₹ 10,894 | 18.29%₹ 11,829 | 13.79%₹ 11,379 | 24.97%₹ 13,554 | 13.64%₹ 12,914 | 16.48%₹ 28,224 | 11.54%₹ 13,875 | 11.08%₹ 42,485 | 12.71%₹ 18,201 | 12.90%₹ 82,909 | 5.89%₹ 17,740 | 9.59%₹ 1,97,078 |
| Axis Gold Fund | 6.33%₹ 10,633 | 9.45%₹ 10,945 | 17.99%₹ 11,799 | 14.35%₹ 11,435 | 25.30%₹ 13,574 | 13.82%₹ 12,954 | 16.65%₹ 28,269 | 11.50%₹ 13,861 | 11.33%₹ 42,641 | 13.32%₹ 18,697 | 13.30%₹ 83,727 | 5.08%₹ 16,427 | 9.44%₹ 1,95,607 |
| Aditya Birla Sun Life Gold Fund | 6.58%₹ 10,658 | 10.64%₹ 11,064 | 19.71%₹ 11,970 | 14.34%₹ 11,433 | 27.09%₹ 13,682 | 14.25%₹ 13,052 | 17.39%₹ 28,466 | 11.46%₹ 13,846 | 11.67%₹ 42,856 | 13.01%₹ 18,442 | 13.22%₹ 83,557 | 5.89%₹ 17,736 | 9.69%₹ 1,98,151 |
| Invesco India Gold Fund | 6.16%₹ 10,616 | 9.09%₹ 10,908 | 19.23%₹ 11,923 | 14.58%₹ 11,458 | 25.17%₹ 13,566 | 14.09%₹ 13,016 | 16.84%₹ 28,320 | 11.32%₹ 13,795 | 11.34%₹ 42,649 | 12.76%₹ 18,245 | 13.11%₹ 83,324 | 5.70%₹ 17,417 | 9.74%₹ 1,98,697 |
| Quantum Gold Savings Fund | 6.34%₹ 10,634 | 9.00%₹ 10,900 | 18.85%₹ 11,884 | 14.12%₹ 11,412 | 25.54%₹ 13,589 | 13.93%₹ 12,980 | 16.80%₹ 28,308 | 11.10%₹ 13,712 | 11.26%₹ 42,597 | 12.79%₹ 18,262 | 13.09%₹ 83,284 | - | - |