July 26, 2022
mayank
Invesco India Gold Exchange Traded Fund Guidance
NAV Growth : Rs 4,577.3140
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 fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold.
Fund Manager :
— Krishna Venkat Cheemalapati
Education : Mr. Cheemalapati is a B.E., PGDBA and CFA from ICFAI Hyderabad.
Experience : Prior to joining Invesco Mutual Fund, he has worked with Reliance General Insurance Company Ltd. as CIO and with ICAP India Pvt. Ltd as fixed income dealer.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. No of Cheques | — |
| Min. Withdrawal (Rs) | — |
| Min. Balance (Rs) | — |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | Invesco Mutual Fund |
| Launch Date: | 12-Mar-10 |
| Return Since Launch: | 8.42% |
| Benchmark: | Domestic Price of Gold |
| Riskometer: | High |
| Type: | Open-ended |
| % Assets: | Rs 87 Cr |
| (As on 30-Jun-2022) | |
| Expense: | 0.55% |
| (As on 30-Jun-2022) | |
| Risk Grade: | — |
| Return Grade: | — |
| Turnover: | — |
Invesco India Gold Exchange Traded Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Invesco India Gold ETF | 5.5 | 0.27 | 0.52 | 0.27 | -2.92 | 4.25 | 5.92 | 12.05 | 11.53 | 9.94 | 4.49 |
| Domestic Price of Gold Index | 5.62 | 1.9 | 0.46 | 0.13 | -3.7 | 4.6 | 6.71 | 12.6 | 12.32 | 10.56 | 5.58 |
| Commodities: Gold | 5.27 | 0.13 | 0.38 | 0.1 | -2.84 | 4.04 | 5.55 | 11.87 | 11.17 | 9.39 | 4.23 |
| Rank within category | 5 | 5 | 3 | 7 | 12 | 6 | 6 | 6 | 3 | 3 | 2 |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 20 |
Invesco India Gold Exchange Traded Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Invesco India Gold Exchange Traded Fund | Unrated | Mar-10 | 5.92 | 12.05 | 11.53 | 0.55 | 87 |
| HDFC Gold Fund | 4 star | Nov-11 | 5.15 | 11.76 | 10.83 | 0.57 | 1,359 |
| Kotak Gold Fund Regular Plan | 5 star | Mar-11 | 4.34 | 12.49 | 11.36 | 0.54 | 1,308 |
| Nippon India ETF Gold BeES | Unrated | Mar-07 | 5.66 | 11.67 | 11.25 | 0.83 | 6,683 |
| ICICI Prudential Gold Exchange Traded Fund | Unrated | Aug-10 | 5.92 | 11.72 | 11.2 | 0.5 | 3,351 |
Invesco India Gold Exchange Traded Fund Guidance by Chanakya :
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