SBI Gold Fund - Direct (IDCW)
FoFs DomesticNAV
23.74(0.47%)Fund Size (CR)
₹2,516.45Expense Ratio
0.1Scheme Type
Active FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹500Minimum Withdrawal
₹0Exit Load
1%Return Since Launch
6.77%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Raviprakash Sharma
Bench Mark
Price of Physical Gold
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 23 December 2024 | 10005.94 | 0.06% | - | -0.07% | 169/331 |
| 1 Month | 30 November 2024 | 9951.00 | -0.49% | - | -0.55% | 188/331 |
| 3 Month | 30 September 2024 | 10058.90 | 0.59% | - | -2.18% | 88/318 |
| 6 Month | 30 June 2024 | 10545.46 | 5.45% | - | 3.26% | 30/306 |
| 1 Year | 29 December 2023 | 11975.26 | 19.75% | 19.75% | 15.94% | 31/286 |
| 3 Year | 30 December 2021 | 15582.70 | 55.83% | 15.93% | 12.39% | 38/218 |
| 5 Year | 30 December 2019 | 18824.88 | 88.25% | 13.49% | 12.89% | 56/137 |
| Since Inception | 2 January 2013 | 21955.94 | 119.56% | 6.77% | 10.79% | 249/331 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 January 2024 | 1,30,000 | 140588.15 | 8.14% | 8.14% |
| 3 Year | 3 January 2022 | 3,70,000 | 472836.26 | 27.79% | 8.52% |
| 5 Year | 1 January 2020 | 6,10,000 | 849954.78 | 39.34% | 6.86% |
| 10 Year | 1 January 2015 | 12,10,000 | 2309184.76 | 90.84% | 6.68% |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
3.26%
Standard Deviation
-0.16%
Beta
0.77%
Sharpe Ratio
0.95%
Treynor's Ratio
9.47%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| TREPS | 0.25% | - | 6.20 | Reverse Repo | Debt Others |
| Net CA & Others | -0.23% | - | -5.76 | Net CA & Others | Debt Others |
| SBI Gold ETF | 99.98% | 379546520 | 2516.01 | Indian Mutual Funds | Mutual Fund Units |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| SBI Gold Fund - Direct (IDCW) | 2516.45 | -0.49% | 0.59% | 5.45% | 19.75% | 15.93% | |
| Mirae Asset NYSE FANG+ ETF Fund of Fund - Dir (G) | 1694.37 | 22.69% | 44.09% | 44.80% | 87.18% | 34.69% | |
| Mirae Asset S&P 500 Top 50 ETF Fund of Fund-Dir(G) | 643.39 | 3.04% | 24.96% | 26.63% | 55.43% | 20.78% | |
| Mirae Asset Hang Seng TECH ETF Fund of Fund - Dir (G) | 82.17 | 1.48% | 3.86% | 35.20% | 34.89% | 2.65% | |
| Tata Nifty India Digital ETF Fund of Fund-Dir (G) | 97.91 | 2.18% | 2.43% | 16.26% | 32.28% | - | |
| Tata Nifty India Digital ETF Fund of Fund-Dir (IDCW) | 97.91 | 2.18% | 2.43% | 16.26% | 32.28% | - |
News
SBI Mutual Fund announces change in Exit Load Structure
SBI Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from 19 December 2024Change in Exit Load:
Name of the Scheme Existing Exit Load Structure Revised Exit Load Structure SBI Long Duration Fund For exit on or before 90 days from the date of allotment-0.25%
For exit after 90 days from the date of allotment - NILNIL Powered by Capital Market - Live News
SBI Mutual Fund launches quant fund
SBI Mutual Fund (MF) has introduced the SBI Quant Fund, a new equity investment scheme that employs a rule-based, multi-factor approach to portfolio management. The fund leverages momentum, value, quality, and growth factors to build a diversified investment strategy, guided by the fund house's proprietary quantitative model.This open-ended equity scheme, benchmarked against the BSE 200 Total Return Index (TRI), is open for subscription until December 18, 2024. Post this period, it will reopen for continuous sale and redemption within five business days after the allotment date.
The SBI Quant Fund requires a minimum initial investment of Rs 5,000, with additional investments allowed in multiples of Re 1. For subsequent purchases, the minimum amount is set at Rs 1,000, also in multiples of Re 1. Investors can redeem or switch out units with a minimum value of Rs 500, or one unit, whichever is lower.
An exit load of 0.5% applies if units are redeemed within six months of allotment, while no charge applies after six months. The fund house emphasized the advantages of a multi-factor strategy over single-factor funds, highlighting its ability to provide diversification, reduce downside risks, and deliver higher risk-adjusted returns.
The scheme's investment allocation includes 80-100% in equity and equity-related instruments selected through its quantitative model. It may also invest up to 20% in other equity instruments, debt securities, or money market instruments, and up to 10% in units issued by REITs and InvITs.
The SBI Quant Fund employs a dynamic allocation model that adjusts weights across the four factors'momentum, value, quality, and growth'based on their relative performance. Overperforming factors receive higher weightage, capped at 35%, while underperforming factors trigger rebalancing if their weight falls below -8%.
The fund's strategy incorporates four key factors: Momentum, which focuses on short- and long-term price performance; Value, identified through low valuation metrics; Quality, characterized by stocks with high return on equity (ROE), consistent earnings growth, and low leverage; and Growth, targeting companies with robust earnings growth and upgrades.
The fund's algorithm aims to reduce volatility, smooth out cyclical returns, and mitigate behavioural biases through its systematic approach.
SBI MF described the fund as an ideal choice for investors seeking exposure to India's growth story through a disciplined, data-driven investment framework. Multi-factor investing combines various factors to smooth out the cyclicality of returns and minimize biases. This fund aims to integrate established equity factors for optimal risk-adjusted returns, making it a compelling choice for long-term investors.
Powered by Capital Market - Live News
SBI Mutual Fund announces change in Key Personnel
SBI Mutual Fund has announced that Mr. Nand Kishore has been appointed as a Managing Director & CEO on the Board of SBI Management Company Ltd. effective November 23, 2024.Details of Mr. Nand Kishore
Age: 58 years
Designation: (Managing Director & CEO)
Qualification: B.A, CAIIB
Powered by Capital Market - Live News
Fund House Details & Investment Objective
Date of Incorporation
1 January 2013
Total AUM (Cr)
₹2516.45
SBI Gold Fund - Direct (IDCW) is an FoFs Domestic-oriented fund from the renowned AMC, SBI Mutual Fund. Launched in 1 January 2013, this fund is managed by Raviprakash Sharma. With assets under management (AUM) worth ₹2,516.45 (Cr), as of 1 January 2025, SBI Gold Fund - Direct (IDCW) is categorized as a FoFs Domestic within its segment. The fund has generated a return of 6.77% since its launch.
The current NAV of SBI Gold Fund - Direct (IDCW) is ₹23.74, as on 1 January 2025. The fund's benchmark index is Price of Physical Gold. You can invest in SBI Gold Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
1.00% - For exit within 15 days from the date of allotment. Nil - For exit after 15 days from the date of allotment. The fund has generated 15.93% and 13.49% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 0.25% in Debt and 99.75% in cash and cash equivalents.
FAQs
How to Invest in SBI Gold Fund - Direct (IDCW) Direct Growth?
SBI Gold Fund - Direct (IDCW) is a popular fund in the FoFs Domestic segment. The fund has generated a return of 6.77% since inception. Looking to invest in SBI Gold Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in SBI Gold Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, SBI Gold Fund - Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in SBI Gold Fund - Direct (IDCW) today and reap the benefits of this FoFs Domestic fund!
How much returns has SBI Gold Fund - Direct (IDCW) Direct Growth generated?
What is the expense ratio of SBI Gold Fund - Direct (IDCW) Direct Growth?
What is the AUM of SBI Gold Fund - Direct (IDCW) Fund Direct Growth?
How to redeem or withdraw money from SBI Gold Fund - Direct (IDCW) Direct Growth?
Redeeming or selling units of SBI Gold Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from SBI Gold Fund - Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case SBI Gold Fund - Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).