February 19, 2024
mayank
Baroda BNP Paribas Gold ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 61.3420
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. Read this article to know why.
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 seeks to provide investment returns closely corresponding to the Domestic Price of Gold before expenses, subject to tracking errors, fees and expenses by investing in physical gold.
Fund Manager:
1) Vishnu Soni
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Baroda BNP Paribas Mutual Fund |
| Launch Date | 13-Dec-23 |
| Return Since Launch | -0.73% |
| Benchmark | Domestic Price of Gold |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 59 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.48% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 8.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Baroda BNP Paribas Gold ETF | -2.31 | 0.27 | -1.37 | — | — | — | — | — | — | — |
| Domestic Price of Gold Index | -2.61 | 0.08 | -1.87 | — | — | — | — | — | — | — |
| Commodities: Gold | -2.46 | 0.35 | -1.42 | — | — | — | — | — | — | — |
| Rank within category | 8 | 25 | 13 | — | — | — | — | — | — | — |
| Number of funds in category | 29 | 31 | 29 | 27 | 26 | 24 | 21 | 21 | 21 | 21 |
Peer Comparison of Baroda BNP Paribas Gold Exchange Traded Fund
| 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 (%) | |
| Baroda BNP Paribas Gold ETF | Unrated | — | — | — | 0.48 | 59 | -0.73 | — | 2M | 8.00 |
| Nippon India ETF Gold BeES | Unrated | 8.37 | 8.13 | 12.05 | 0.79 | 8,711 | 10.61 | — | 16Y 11M | 8.00 |
| ICICI Pru Gold ETF Reg | Unrated | 8.63 | 8.48 | 12.15 | 0.50 | 4,845 | 8.05 | — | 13Y 5M | — |
| HDFC Gold ETF Reg | Unrated | 9.52 | 8.37 | 12.08 | 0.59 | 4,080 | 8.42 | — | 13Y 6M | — |
| SBI Gold ETF | Unrated | 8.60 | 8.36 | 12.22 | 0.65 | 3,635 | 9.11 | — | 14Y 9M | 4.00 |
How to Invest in Baroda BNP Paribas Gold ETF?
Chanakya’s Mutual Fund Guidance For Baroda BNP Paribas Gold ETF
Apply Online: https://mfs.kfintech.com/barodabnpparibasmf
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