ICICI Prudential Gold ETF - Latest NAV, Returns, Performance & Portfolio

ICICI Prudential Gold ETF

  • highlight1.56%
  • highlight(+0.2)30.4986

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years1.56%
3 Years2.87%
1 Year7.92%
6 Months13.57%
Fund Details
ISININF109KB1WF4
RiskModerately High risk
Fund TypeSector - Precious Metals
NAV30.4986
Exit Load--

More about this fundstar

Top HoldingsWeightage
Gold (995 Purity) ^99.27%

About ICICI Gold ETF

The ICICI Gold ETF is an open-ended exchange traded fund that invests in physical gold as well as gold as underlying. The scheme does not change investment to profit or limit losses based on gold prices. The Gold ETF will track the gold prices obtained from London Bullion Market Association AM prices. The performance of the scheme could differ from the underlying gold due to tracking error.

Pros & Cons of ICICI Gold ETF

ICICI Gold ETF offers the following benefits:

  1. The plan is aimed at investors who are looking to invest in gold in a cost-efficient manner.
  2. Investment in the ICICI Gold ETF enables you to turn your investment into cash quickly.
  3. However, the annual return on the investment could be only slightly higher than interest received from some of the saving accounts. It holds 99.07% in Gold and 0.93 in cash.

Fund Information and Statistics of ICICI Gold ETF

i) Inception / Launch date

The ICICI Gold ETF was launched on 07 July 2010 by ICICI Prudential Mutual Fund.

ii) Risk level

ICICI Gold ETF is a moderately high-risk investment and suitable for investors who wish to invest in gold while keeping the option of a quick exit open. It is not ideal for capital appreciation or wealth creation.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from the date of receipt of the request.

iv) Fund Manager

ICICI Gold ETF fund is managed by Manish Banthia since September 2012. He comes with an overall experience of 13 years.

v) Entry / Exit load

The fund house does not charge any entry load and exit load.

Tax benefits of investing in ICICI Gold ETF

The Short-term capital gain tax will be levied as per the income tax slab rate if units are held for less than 36 months. A Long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. However, holding Gold ETF is better than holding Gold as there are no additional taxes such as GST.

About ICICI Prudential Mutual Fund

ICICI Mutual Fund was amalgamated under the Companies Act of 1956, on December 10, 1999. Later, it was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI. The registered office of the HDFC AMC is located at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai - 400 020.

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Frequently Asked Questions

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
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Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns