August 25, 2023
mayank
UTI Gold ETF FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.5126
Suitable For Which Investors?
“Gold funds provide returns that are closely in line with the returns provided by gold.
We do not think of gold as a good long-term investment avenue and therefore we believe that investors can avoid these funds altogether.
But for those retail investors who’d still prefer to invest in gold, we believe that the Sovereign Gold Bond Scheme offered by the Government of India is a better alternative. This scheme offers a guaranteed return of 2.5 per cent per year over and above the return provided by the price of gold, though the investment cannot be redeemed before a tenure of five years.”
Fund’s Investment Strategy:
The scheme is seek to provide returns that correspond to returns provided by UTI Gold ETF by investing in units of UTI Gold ETF
Fund Manager:
1) Sharwan Kumar Goyal
Education: Mr.Goyal is B.Com, CFA and MMS.
Experience: He began his career with UTI in June 2006 and has 15 years of overall experience in Risk / Fund management. Presently he is working as Equity Fund Manager.
2) Ayush Jain
Education: Mr. Jain is B.Com, C.A and CFA (level 1).
Experience: Prior to joining UTI Mutual Fund, he has worked with PMS and Anand Saklecha & Co.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 15 days |
Basic Details of UTI Gold ETF FoF
| Fund House | UTI Mutual Fund |
| Launch Date | 28-Oct-22 |
| Return Since Launch | 15.13% |
| Benchmark | Domestic Price of Gold |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 79 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.10% |
| (As on 31-Mar-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
UTI Gold ETF FoF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| UTI Gold ETF FoF Dir | 6.56 | 0.30 | -0.99 | -3.30 | 4.76 | — | — | — | — | — |
| Domestic Price of Gold Index | 5.36 | -0.22 | -1.55 | -3.56 | 4.51 | — | — | — | — | — |
| Commodities: Gold | 6.84 | 0.36 | -1.14 | -2.94 | 5.00 | — | — | — | — | — |
| Rank within category | 11 | 10 | 3 | 7 | 4 | — | — | — | — | — |
| Number of funds in category | 13 | 13 | 13 | 13 | 13 | 10 | 10 | 10 | 10 | 10 |
UTI Gold ETF FoF Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| UTI Gold ETF FoF Dir | Unrated | — | — | — | 0.10 | 79 | 15.13 | 1.00 (15) | 9M | — |
| HDFC Gold Dir | 4 star | 13.30 | 3.23 | 13.66 | 0.18 | 1,563 | 5.16 | 1.00 (15) | 10Y 7M | — |
| SBI Gold Dir | 4 star | 13.38 | 3.32 | 13.84 | 0.10 | 1,385 | 5.20 | 1.00 (15) | 10Y 7M | — |
| Nippon Ind Gold Svngs Dir | 2 star | 12.72 | 3.11 | 13.53 | 0.13 | 1,529 | 5.02 | 1.00 (15) | 10Y 7M | 93.00 |
| Kotak Gold Dir | 3 star | 12.91 | 3.15 | 13.91 | 0.15 | 1,521 | 5.17 | 1.00 (15) | 10Y 7M | 4.91 |
Chanakya’s Mutual Fund Guidance For UTI Gold ETF FoF
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