ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund (IPru Gold ETF). However,there can be no assurance that the investment objectives of the Scheme will be realized.
Low
Moderately Low
Moderate
Moderately High
High
Moderately High risk
0.0%
Expense Ratio
11th Oct, 2011
Launched (9y ago)
₹
305
AUM in Crores
INF109K01TK8
ISIN
No Lock-in
Lock-in
Domestic Gold Prices INR
Benchmark
₹
1000
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Manish Banthia
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments
are subject to market risk, read all scheme related documents carefully before investing. Past performance is
not an indicator of future returns.
ICICI Prudential Asset Management Company Limited manages assets worth ₹ 359,318 crores. It's current offering of mutual fund schemes includes 104 equity, 526 debt and 66 hybrid funds.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment
asset class such as large cap, diversified, liquid etc. When you invest
for an objective, the algorithm suggests the appropriate asset class and
funds.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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About ICICI Prudential Gold Savings Fund FOF (Growth)
About ICICI Prudential Gold Savings Fund FOF (Growth)
ICICI Prudential Gold Savings Fund FOF (Growth) is a Fofs Domestic Other fund and has delivered an annualised return of 5.91% over a period of 9 years.
The fund was previously known as ICICI Pru Regular Gold Savings Gr.
The fund is managed by ICICI Prudential Asset Management Company Limited.
The fund manager’s name is Manish Banthia.
ICICI Prudential Gold Savings Fund FOF (Growth) Investment Objective
ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund (IPru Gold ETF). However,there can be no assurance that the investment objectives of the Scheme will be realized.
However, there is no assurance that the objective of the scheme will be realized.
ICICI Prudential Gold Savings Fund FOF (Growth) NAV, AUM and Risk
The fund was launched on 2011-10-11. The NAV of the fund as of 2020-10-20 is ₹ 16.79. The total AUM of the fund as of 2020-10-20 is ₹ 305 Cr. The category risk of the fund is Moderately High risk
The fund charges 0.0 % as expense ratio.
ICICI Prudential Gold Savings Fund FOF (Growth) Holdings
The fund’s highest allocation is towards others and has invested 2.2% in this asset class.
The top three holdings of the fund are icici prudential gold etf, treps and net current assets.
ICICI Prudential Gold Savings Fund FOF (Growth) SIP
The minimum SIP(Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
ICICI Prudential Gold Savings Fund FOF (Growth) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Domestic Gold Prices INR.
