March 15, 2024
mayank
DSP Gold ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 64.9534
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 generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error.
Fund Manager:
1) Ravi Gehani
Education: Mr. Gehani has done B.Com and MMS- Finance.
Experience: Prior to joining DSP Mutual Fund, he has worked with Muthoot Exim Pvt Ltd., Bullion Price Risk, Products and Operations, S-Ancial Global Solutions Pvt Ltd. and Latin Manharlal Commodities Pvt Ltd.
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 | DSP Mutual Fund |
| Launch Date | 28-Apr-23 |
| Return Since Launch | 8.10% |
| Benchmark | Domestic Price of Gold |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 278 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.48% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of DSP Gold ETF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Gold ETF | 3.56 | 0.19 | 6.40 | 4.71 | 11.25 | — | — | — | — | — |
| Domestic Price of Gold Index | 3.56 | -0.53 | 4.87 | 6.96 | 11.37 | — | — | — | — | — |
| Commodities: Gold | 3.69 | 0.34 | 6.81 | 4.92 | 11.28 | — | — | — | — | — |
| Rank within category | 19 | 25 | 27 | 22 | 15 | — | — | — | — | — |
| Number of funds in category | 29 | 31 | 31 | 28 | 26 | 25 | 21 | 21 | 21 | 21 |
Peer Comparison of DSP Gold ETF
| 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 (%) | |
| DSP Gold ETF | Unrated | — | — | — | 0.48 | 278 | 8.10 | — | 10M | — |
| Nippon India ETF Gold BeES | Unrated | 12.61 | 12.76 | 14.19 | 0.79 | 8,929 | 10.94 | — | 17Y | 7.00 |
| ICICI Pru Gold ETF Reg | Unrated | 12.84 | 13.13 | 14.28 | 0.50 | 4,946 | 8.48 | — | 13Y 6M | — |
| HDFC Gold ETF Reg | Unrated | 13.96 | 13.39 | 14.45 | 0.59 | 4,118 | 8.93 | — | 13Y 7M | — |
| SBI Gold ETF | Unrated | 12.48 | 13.01 | 14.36 | 0.65 | 3,761 | 9.5 | — | 14Y 10M | 4.00 |
How to Invest in DSP Gold ETF?
Chanakya’s Mutual Fund Guidance For DSP Gold ETF
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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