Invesco India Gold ETF (G)

Invesco India Gold ETF (G) is an Exchange Traded Fund which is benchmarked to Domestic Price of Gold. Invesco India Gold ETF (G) is managed by the Invesco Asset Management (India) Private Ltd with the fund managers being Krishna Cheemalapati. The Invesco India Gold ETF (G) was launched on Mar 12, 2010 with no lock-in period. Since its inception, the fund has delivered 10% as a return on investment. The fund has delivered a 1-year return of 19.9%, a 3-year return of 14.5%, and a 5-year return of 17.4%.

As on 22 Apr, 2024 the NAV of the fund is Rs 6451.88 and the AUM is Rs 105.02 crores. The fund charges an expense ratio of 0.55% 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 Invesco India 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 Invesco India Gold ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.