May 31, 2024
mayank
Zerodha Gold ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.5093
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 corresponding to the Domestic Price of Gold before expenses, subject to tracking errors, fees and expenses by investing in Physical Gold.
Fund Manager:
1) Shyam Agarwal
Education: Mr. Agarwal has done B.Com
Experience: Prior to joining Zerodha Mutual Fund, he has worked with Smallcase, True Beacon, Xavierian Debating Society, The Economic Transcript
Investment Details
| Min. Investment (Rs) | 500 |
| 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 | Zerodha Mutual Fund |
| Launch Date | 26-Feb-24 |
| Return Since Launch | 15.09% |
| Benchmark | Domestic Price of Gold |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 52 Cr |
| (As on 30-Apr-2024) | |
| Expense | 0.31% |
| (As on 30-Apr-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Zerodha Gold Exchange Traded Fund (ETF)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Zerodha Gold ETF | — | -0.58 | 0.27 | 15.14 | — | — | — | — | — | — |
| Domestic Price of Gold Index | — | -0.59 | 0.31 | 15.71 | — | — | — | — | — | — |
| Commodities: Gold | — | -0.46 | 0.82 | 16.33 | — | — | — | — | — | — |
| Rank within category | — | 12 | 6 | 13 | — | — | — | — | — | — |
| Number of funds in category | 14 | 16 | 16 | 16 | 14 | 13 | 10 | 10 | 10 | 10 |
Peer Comparison of Zerodha Gold Exchange Traded Fund (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 (%) | |
| Zerodha Gold ETF | Unrated | — | — | — | 0.31 | 52 | 15.09 | — | 3M | — |
| Nippon India ETF Gold BeES | Unrated | 18.07 | 12.72 | 16.62 | 0.79 | 10,655 | 11.39 | — | 17Y 2M | 6.00 |
| HDFC Gold ETF Reg | Unrated | 18.64 | 12.91 | 16.79 | 0.59 | 4,845 | 9.45 | — | 13Y 9M | — |
| ICICI Pru Gold ETF Reg | Unrated | 18.27 | 12.91 | 16.78 | 0.50 | 4,666 | 9.06 | — | 13Y 9M | — |
| SBI Gold ETF | Unrated | 18.76 | 12.78 | 16.87 | 0.65 | 4,583 | 10.03 | — | 15Y 1M | 4.00 |
How to Invest in Zerodha Gold ETF?
Chanakya’s Mutual Fund Guidance For Zerodha Gold ETF
Apply Online: https://www.zerodhafundhouse.com/
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks