NAV (Dec 6)
6 Month CAGR
The investment objective of the Scheme is to generate returns that are in line with the performance of gold,subject to tracking errors.There is no assurance that the investment objective of the Scheme will be realized.
Low to Moderate
Launched (13y ago)
Aug 13, 2010
AUM in Crores
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
net current assets
treps - tri-party repo
HDFC Gold Exchange Traded Fund (G) is an Exchange Traded Fund which is benchmarked to Domestic Price of Gold. HDFC Gold Exchange Traded Fund (G) is managed by the HDFC Asset Management Co Ltd with the fund managers being Bhagyesh Kagalkar. The HDFC Gold Exchange Traded Fund (G) was launched on Aug 13, 2010 with no lock-in period. Since its inception, the fund has delivered 8.6% as a return on investment. The fund has delivered a 1-year return of 14.4%, a 3-year return of 7.3%, and a 5-year return of 13.8%.
As on 6 Dec, 2023 the NAV of the fund is Rs 54.25 and the AUM is Rs 3999.78 crores. The fund charges an expense ratio of 0.59% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.
Since the scheme is benchmarked to Domestic Price of Gold, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The HDFC Gold Exchange Traded Fund (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.
Scripbox provides a unique feature through which you can compare the performance of HDFC Gold Exchange Traded Fund (G) with another fund in a similar category. This way you can make a well-informed investment decision.