• ETF
  • LIC MF Gold ETF (G)
LIC MF Gold ETF (G)

LIC MF Gold ETF (G)

IDBI Gold ETF
Precious MetalsGold 
  • 6593.21670

    NAV

  • 0.3%

    Change

LIC MF Gold ETF NAV

6593.21670

NAV (May 29)

LIC MF Gold ETF returns

Last 1Y
19.8%
Last 3Y
13.5%
Last 5Y
17.1%
Last 10Y
9.7%
Since Inception
6.7%
6 Month CAGR
16.3%
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LIC MF Gold ETF Information

Investment Objective

To invest in physical gold and gold related instruments with the objective to replicate the performance of gold in domestic prices. The ETF will adopt a passive investment strategy and will seek to achieve the investment objective by minimizing the tracking error between the Fund and the underlying asset.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

High Risk

Expense Ratio
0.41
Launched (13y ago)
Nov 16, 2011
AUM in Crores
128.618
ISIN
INF397L01554
Beta (5yr)
0
Sharpe Ratio (3yr)
0.786
Sharpe Ratio (5yr)
0.861
YTM
0
Fund Managers
user-avatar

Yash Dhoot

Fund Manager

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Fund Name
Till Date CAGR
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4.7%

7.7%

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6.6%

4.7%

6.6%

13.4%

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34.9%

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Compare similar ETF's

Fund Name
Till Date CAGR
LIC MF Gold ETF (G)
LIC MF Gold ETF (G)

13.5%

6.7%

13.2%

9.9%

13%

8.5%

12.9%

10.2%

13.1%

9%

Asset allocation and Holdings

Last updated on 2024-05-29

Top 10 Stock Holdings

gold
99.8 %
net receivables / (payables)
0.2 %
treps
0 %

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LIC MF Gold ETF (G) Review

LIC MF Gold ETF (G) is an Exchange Traded Fund which is benchmarked to Domestic Price of Gold. LIC MF Gold ETF (G) is managed by the LIC Mutual Fund Asset Management Limited with the fund managers being Yash Dhoot. The LIC MF Gold ETF (G) was launched on Nov 16, 2011 with no lock-in period. Since its inception, the fund has delivered 6.7% as a return on investment. The fund has delivered a 1-year return of 19.8%, a 3-year return of 13.5%, and a 5-year return of 17.1%.

As on 29 May, 2024 the NAV of the fund is Rs 6593.22 and the AUM is Rs 128.62 crores. The fund charges an expense ratio of 0.41% 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 LIC MF Gold ETF (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 LIC MF Gold ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.