November 7, 2022
mayank
SBI Gold ETF
NAV Growth: Rs 44.5481
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 seeks to generate returns that corresponds to the returns provided by price of gold through investment in physical Gold. The performance of the scheme may differ from the of the underlying asset due to tracking error.
Fund Manager:
1) Raviprakash Sharma
Education: Mr. Sharma is a B.Com (H), Chartered Accountant and CFA (USA).
Experience: Prior to joining SBI AMC he has worked with HDFC AMC, Citigroup Wealth Advisors India Pvt. Ltd, Kotak Securities, Times Investors Services Pvt. Ltd. and Birla Sun Life Securities.
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 | SBI Mutual Fund |
| Launch Date | 28-Apr-09 |
| Return Since Launch | 8.50% |
| Benchmark | Domestic Price of Gold |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 2,589 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 0.55% |
| (As on 31-Mar-2022) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
SBI Gold ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Gold ETF | 3.86 | 1.08 | -1.48 | -3.72 | -1.48 | 5.43 | 8.44 | 10.62 | 8.71 | 4.04 |
| Domestic Price of Gold Index* | 3.9 | -1.36 | -0.55 | -2.91 | -3.86 | 5.58 | 8.8 | 11.32 | 9.4 | 4.88 |
| Commodities: Gold* | 3.94 | 0.85 | -1.59 | -3.26 | -1.55 | 5.3 | 8.16 | 10.42 | 8.62 | 3.73 |
| Rank within category* | 16 | 7 | 9 | 19 | 10 | 11 | 4 | 7 | 8 | 4 |
| Number of funds in category* | 21 | 24 | 22 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
SBI Gold ETF Peer Comparison
| Fund name | 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 (%) |
| SBI Gold ETF | Unrated | 5.43 | 8.44 | 10.62 | 0.55 | 2,589 | 8.50 | — | 13yrs 6mo | — |
| HDFC Gold Reg | 4 star | 4.77 | 8.09 | 10.19 | 0.61 | 1,332 | 4.19 | 2.00 (180) | 11yrs 0mo | — |
| Kotak Gold Reg | 4 star | 3.91 | 7.82 | 10.53 | 0.54 | 1,296 | 6.28 | 1.00 (365) | 11yrs 7mo | — |
| SBI Gold Reg | 4 star | 5.28 | 8.04 | 10.25 | 0.42 | 1,138 | 3.90 | 1.00 (15) | 11yrs 1mo | — |
| Nippon Ind ETF Gold BeES | Unrated | 5.45 | 8.19 | 10.45 | 0.79 | 6,532 | 10.20 | — | 15yrs 8mo | 7.00 |
Chanakya’s Mutual Fund Guidance For SBI Gold ETF
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