- ETF
- LIC MF Gold ETF (G)
LIC MF Gold ETF (G)
IDBI Gold ETF₹ 6172.89600
NAV
-7.6%
Change
LIC MF Gold ETF NAV
₹ 6172.89600
NAV (Jul 25)
LIC MF Gold ETF returns
Last 1Y | 14.9% |
Last 3Y | 12.4% |
Last 5Y | 13.4% |
Last 10Y | 8.7% |
Since Inception | 6.2% |
6 Month CAGR | 9.6% |
LIC MF Gold ETF Information
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 | 129.690 |
ISIN | INF397L01554 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.785 |
Sharpe Ratio (5yr) | 0.748 |
YTM | 0 |
Fund Managers
Explore lic Mutual Funds
| Fund Name | Till Date CAGR | |
|---|---|---|
5.1% | 7.7% | |
5.1% | 6.6% | |
5.1% | 6.6% | |
13.2% | 5.5% | |
37.4% | 10.4% |
Compare similar ETF's
| Fund Name | Till Date CAGR | |
|---|---|---|
12.4% | 6.2% | |
12.2% | 9.4% | |
12.1% | 8% | |
12.1% | 8.6% | |
12% | 9.7% |
Asset allocation and Holdings
Top 10 Stock Holdings
gold | 99.4 % |
treps | 0.4 % |
net receivables / (payables) | 0.2 % |
Compare ETFs
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 Sumit Bhatnagar. The LIC MF Gold ETF (G) was launched on Nov 16, 2011 with no lock-in period. Since its inception, the fund has delivered 6.2% as a return on investment. The fund has delivered a 1-year return of 14.9%, a 3-year return of 12.4%, and a 5-year return of 13.4%.
As on 25 Jul, 2024 the NAV of the fund is Rs 6172.90 and the AUM is Rs 129.69 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.