March 15, 2024
mayank
DSP Gold ETF FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.6769
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 is seek to generate returns by investing in units of DSP Gold ETF.
Fund Manager:
1) Anil Ghelani
Education: Mr. Ghelani has done B. Com., CFA & CA
Experience: Prior to joining DSP Mutual Fund he has worked with IL&FS, S. R. Batliboi, V. C. Shah & Co.
2) Diipesh Shah
Education: Mr. Shah is a B Com, ACA, Candidate of the CFA Program, CFA Institute USA, Level I Cleared
Experience: Prior to joining DSP Mutual Fund, he has worked with JM Financial, Centrum Broking, IDFC Securities, ICICI Securities and IIFL Capital Pte Ltd Singapore.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | DSP Mutual Fund |
| Launch Date | 17-Nov-23 |
| Return Since Launch | 6.77% |
| Benchmark | Domestic Price of Gold |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 16 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.65% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of DSP Gold ETF FoF
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| DSP Gold ETF FoF Dir | 3.57 | 0.03 | 6.53 | 4.78 | — | — | — | — | — | — |
| Domestic Price of Gold Index | 3.56 | -0.53 | 4.87 | 6.96 | — | — | — | — | — | — |
| Commodities: Gold | 3.56 | 0.44 | 6.79 | 4.99 | — | — | — | — | — | — |
| Rank within category | 10 | 15 | 14 | 12 | — | — | — | — | — | — |
| Number of funds in category | 14 | 16 | 15 | 14 | 13 | 13 | 10 | 10 | 10 | 10 |
Peer Comparison of DSP Gold ETF FoF
| 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 FoF Dir | Unrated | — | — | — | 0.65 | 16 | 6.77 | — | 3M | — |
| HDFC Gold Dir | 4 star | 13.19 | 12.82 | 14.43 | 0.18 | 1,682 | 5.89 | 1.00 (15) | 11Y 2M | — |
| Nippon India Gold Savings Dir | 1 star | 13.53 | 12.89 | 14.42 | 0.13 | 1,589 | 5.79 | 1.00 (15) | 11Y 2M | 93.00 |
| Kotak Gold Dir | 3 star | 11.63 | 12.66 | 14.50 | 0.15 | 1,576 | 5.91 | 1.00 (15) | 11Y 2M | 3.41 |
| SBI Gold Dir | 3 star | 13.44 | 12.93 | 14.61 | 0.10 | 1,507 | 5.95 | 1.00 (15) | 11Y 2M | — |
How to Invest in DSP Gold ETF FoF?
Chanakya’s Mutual Fund Guidance For DSP Gold ETF FoF
Apply Online: https://www.dspim.com/ifaxpress/ifalogin
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