• 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

20.9611

NAV (Nov 25)

10.7%
5 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in gold mutual funds.

Gold funds provides inflation beating growth over the long term and is suitable for investment objectives with duration specific to the chosen fund.

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

Satisfactory

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

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

20.9611

NAV (Nov 25)

Fund Returns

Last 1Y

8.5%

Last 3Y

10.1%

Last 5Y

10.7%

Last 10Y

3.5%

Since Inception

6.5%

6 Month CAGR

1.8%

Scheme Information

Investment Objective

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

1.15

Launched (11y ago)

Mar 07, 2011

AUM in Crores

1378.544

ISIN

INF204K01KN0

Lock-in

No Lock-in

Benchmark

Domestic Price of Gold

SIP Minimum

1000

Lumpsum Min.

5000

Standard Deviation (3yr)

14.1

Standard Deviation (5yr)

13.1

Beta (3yr)

0

Beta (5yr)

0

Sharpe Ratio (3yr)

0.313

Sharpe Ratio (5yr)

0.407

YTM

0

Fund Managers

Mehul Dama

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
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 2022-11-25

Top Stock Holdings

nippon india etf gold bees

100%
100%

net current assets

0.3%
0.3%

triparty repo

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)

₹ 1,275 cr

₹ 1,289 cr

₹ 1,275 cr

₹ 1,275 cr

₹ 259 cr

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 249,383 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,374 debt and 32 hybrid funds.

amc-img

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

    20.4%

    15.8%

    4%

    6.8%

    3.9%

    5.5%

    3.9%

    6.6%

    20%

    17.8%

    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 6.5% over a period of 11 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 11/25/2022 is ₹20.96 with the total AUM as of 11/26/2022 is ₹1378.544. 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 stocks 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 Neutral 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 1.15% for regular plan.