• Mutual Funds
  • Nippon Mutual Fund
  • Nippon India Gold Savings Fund (Growth)

Formerly Reliance Gold Savings Gr

Nippon Mutual Fund

Nippon India Gold Savings Fund (Growth)

Precious MetalsGold

Top Ranked

23.2918

NAV (Mar 22)

12.7%
5 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within gold mutual funds.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Category Leader

The fund has been a Category Leader on the Fund Size metric

Long Term Performance

Neutral

The performance of the fund on a Long Term Performance metric has been Neutral

Scripbox Recommended Gold Funds
Want the gold funds that are right for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

23.2918

NAV (Mar 22)

Fund Returns

Last 1Y

14%

Last 3Y

11.4%

Last 5Y

12.7%

Last 10Y

5.6%

Since Inception

7.4%

6 Month CAGR

18%

Scheme Information

Investment Objective

The Scheme employs an investment approach designed to track the performance of Nippon India ETF Gold BeES. The Scheme seeks to achieve this goal by investing in Nippon India ETF Gold BeES.

Expense Ratio

1.19

Launched (12y ago)

Mar 07, 2011

AUM in Crores

1447.085

ISIN

INF204K01KN0

Lock-in

No Lock-in

Benchmark

Domestic Price of Gold

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

14.2

Standard Deviation (5yr)

13.4

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.303

Sharpe Ratio (5yr)

0.489

YTM

0

Fund Managers

Mehul Dama

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Gold Savings Fund (Growth)70%1,002,516 269,90412.7%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2023-03-22

Top Stock Holdings

nippon india etf gold bees

100%
100%

triparty repo

0.4%
0.4%

net current assets

0.3%
0.3%

cash margin - ccil

0%
0%
See all holdings

Compare Nippon India Gold Savings Fund (Growth)

Fund NameFund SizeLong Term Performance
Kotak Gold Fund (G)
Kotak Gold Fund (G)

₹ 1,406 cr

₹ 1,402 cr

₹ 1,406 cr

₹ 1,406 cr

₹ 1,447 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 241,523 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,377 debt and 32 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    29.5%

    15%

    4.1%

    6.8%

    4.1%

    6.6%

    30.6%

    17.2%

    4.1%

    5.5%

    Nippon India Gold Savings Fund (G) Review

    Nippon India Gold Savings Fund (G) is a Gold Precious Metals fund and has delivered an annualised return of 7.4% over a period of 12 years. The fund was previously known as Reliance Gold Savings Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund manager’s name is Mehul Dama.

    Nav of Nippon India Gold Savings Fund (G) as of 3/22/2023 is ₹23.29 with the total AUM as of 3/23/2023 is ₹1447.085. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Gold Savings Fund (G) was launched on Mar 07, 2011. The category risk of the fund is High Risk.

    The minimum SIP amount for Nippon India Gold Savings Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.

    Frequently Asked Questions

    What is Nippon India Gold Savings Fund (G)?

    Nippon India Gold Savings Fund (G) is a Gold Precious Metals scheme predominantly investing across Precious Metals instruments with an investment objective to generate wealth over the long term.

    How to invest in Nippon India Gold Savings Fund (G)?

    You can invest in Nippon India Gold Savings Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of Nippon India Gold Savings Fund (G)?

    The minimum sip amount for Nippon India Gold Savings Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is Nippon India Gold Savings Fund (G) good to invest in?

    As per Scripbox experts, Nippon India Gold Savings Fund (G) is a Top Ranked fund. You can investNippon India Gold Savings Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the Nippon India Gold Savings Fund (G)?

    The expense ratio of the Nippon India Gold Savings Fund (G) is 1.19% for regular plan.