NAV (Dec 5)
6 Month CAGR
The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (erstwhile known as SBI Gold Exchange Traded Scheme).
Low to Moderate
Launched (14y ago)
May 18, 2009
AUM in Crores
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
net receivable / payable
SBI Gold ETF (G) is an Exchange Traded Fund which is benchmarked to Price of Gold. SBI Gold ETF (G) is managed by the SBI Funds Management Ltd with the fund managers being Raviprakash Sharma. The SBI Gold ETF (G) was launched on May 18, 2009 with no lock-in period. Since its inception, the fund has delivered 9.4% as a return on investment. The fund has delivered a 1-year return of 14.2%, a 3-year return of 7.3%, and a 5-year return of 14.1%.
As on 5 Dec, 2023 the NAV of the fund is Rs 54.39 and the AUM is Rs 3422.74 crores. The fund charges an expense ratio of 0.66% 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 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 SBI 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 SBI Gold ETF (G) with another fund in a similar category. This way you can make a well-informed investment decision.