- Mutual Funds
- Nippon Mutual Fund
- Nippon India Gold Savings Fund (Growth)
Formerly Reliance Gold Savings Gr
Nippon India Gold Savings Fund (Growth)
₹ 24.6271
NAV (Dec 07)
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 24.6271
NAV (Dec 7)
Fund Returns
Last 1Y | 15.3% |
Last 3Y | 7% |
Last 5Y | 13.6% |
Last 10Y | 5.9% |
Since Inception | 7.3% |
6 Month CAGR | 3.8% |
Scheme Information
The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Nippon India ETF Gold BeES.
Expense Ratio | 1.14 |
Launched (12y ago) | Mar 07, 2011 |
AUM in Crores | 1588.053 |
ISIN | INF204K01KN0 |
Lock-in | No Lock-in |
Benchmark | Domestic Price of Gold |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 11.8 |
Standard Deviation (5yr) | 13.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.219 |
Sharpe Ratio (5yr) | 0.672 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Nippon India Gold Savings Fund (Growth) | 10,26,205 | 2,93,593 | 13.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Stock Holdings
nippon india etf gold bees
100%net current assets
0.2%triparty repo
0.2%cash margin - ccil
0%Comparison with Precious Metals Funds
| Fund Name | Fund Size | Long Term Performance |
|---|---|---|
₹ 1,549 cr | ||
₹ 1,640 cr | ||
₹ 1,549 cr | ||
₹ 1,549 cr | ||
₹ 1,588 cr |
About the AMC
Nippon Life India Asset Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.9% | 6.8% | ||
4.9% | 6.6% | ||
4.9% | 5.7% | ||
4.9% | 6.6% | ||
4.9% | 5.7% |
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 7.3% 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 12/7/2023 is ₹24.63 with the total AUM as of 12/8/2023 is ₹1588.053. 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)?
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 1.14% for regular plan.