Kotak World Gold Fund - Standard Plan - Growth - Latest NAV ₹11.198, Returns, Performance & Portfolio

Kotak World Gold Fund - Standard Plan - Growth

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Fund Summarystar

PeriodReturns(per year)
10 Years0.37%
5 Years6.5%
3 Years2.62%
1 Year29.8%
6 Months4.04%
Fund Details
RiskHigh Risk
Fund TypeGlobal - Other
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Investec GSF Glb Gold I Acc USD99.23%

About Kotak World Gold Fund

Kotak World Gold Fund is an open ended fund scheme aimed at investing primarily in units of Falcon Gold Equity Fund or in other similar overseas mutual fund schemes with a goal to provide long term capital appreciation.

Pros & Cons of Kotak World Gold Fund

Kotak World Gold Fund offers the following benefits: 1. The Fund Manager invests all of its funds in gold, except to meet its liquidity requirements. So gold performance is mirrored broadly. 2. Returns might not beat the indices but guarantee a steady return over a long term keeping the capital secure. 3. Low cost and low fees structure of the fund are another highlight of this scheme. Certain drawbacks of Kotak World Gold Fund 1. Since these funds follow gold prices, if gold prices decline due to macro-economic factors, gold funds will also decline. 2. Gold funds are not instruments to beat or outperform gold prices. 3. Many experts feel rather than choosing gold funds, accumulation of gold for long term is easy.

Fund Information and Statistics of Kotak World Gold Fund

i) Inception / Launch date

Kotak World Gold Fund was launched on June 06, 2008 by Kotak Mutual Fund AMC.

ii) Risk level

Being a gold price linked mutual fund, this fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years. The fund carries risks associated with investing in gold and money market instruments.

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 date of receipt of request.

iv) Fund Manager

Mr. Deepak Gupta is the Fund manager of this scheme. He has been managing the fund since January 31, 2015.

v) Entry / Exit load

The fund house does not charge entry load for investing in the fund. The exit load is 1% if the units are redeemed within 12 months from the date of allotment in respect of purchase made other than through SIP. Also if redeemed within 12 months from the date of allotment of units of each instalment of SIP purchase, the same applies.

Tax benefits of investing in the fund

Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 3 years is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of 3 years or more is defined as Long-term Capital Gains (LTCG). STCG from debt oriented funds are added to the investor’s income. They are then taxed according to his income slab. Long term capital gains tax from debt funds is taxed at the rate of 20% after indexation.

About Kotak Mutual Fund

The fund house is managed by Kotak Mahindra Asset Management Company Limited (the “AMC”). It started operations in December 1998. The fund house offers schemes catering to investors with different risk appetite and was the first fund house in India to launch a dedicated gilt scheme. The AMC manages assets worth more than Rs 1.25 lakh crore.

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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
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