SBI ETF Gold - Latest NAV, Returns, Performance & Portfolio

SBI ETF Gold

  • highlight5.58%
  • highlight-17.81(-0.51%)

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Fund Summarystar

PeriodReturns(per year)
10 Years8.82%
5 Years5.58%
3 Years5.24%
1 Year31.19%
6 Months14.68%
Fund Details
ISININF200K01099
RiskModerately High risk
Fund TypeSector - Precious Metals
NAV3524.4268
Exit Load--

More about this fundstar

Top HoldingsWeightage
Gold - Mumbai99.86%

About SBI Gold ETF Scheme

The SBI Gold ETF Scheme is an open-ended scheme which invests in gold and gold instruments and seeks to generate its returns that corresponds to the returns delivered by price of gold. The main aim of the scheme is to track the price of gold. Through National Stock Exchange, just like a stock, the units of the scheme can be bought or sold.

Pros and Cons of SBI Gold ETF Scheme

The investors who seek to invest in this scheme can have benefits;

  1. Ideal investment to invest in gold for the investors who doesn’t like the hassles of safeguarding the physical gold and the costs of storing.
  2. By selling the units on the stock –exchange investors can easily encash his holding.
  3. Ideal investment to take exposure in Gold and Gold bullion.

Fund Information and Statistics of SBI Gold ETF Scheme

i) Inception / Launch date

The SBI Gold ETF Scheme was launched on 17th September 2010, by SBI Mutual Fund.

ii) Risk level

The scheme carries a moderately high level of risk. Fluctuations in the value of gold due to several reasons will result in changes in the NAV of units under the scheme.

iii) Redemption

The redemption is process within five business days from the date of receipt of redemption request. The physical gold of specified quality and quantity is endeavored by the AMC to deliver it only to the Authorized Participants.

iv) Fund Manager

Mr. Ravi Prakash Sharma is the fund manager of SBI Gold ETF since February 2011.

v) Entry / Exit load

The entry and the exit load for investing in this scheme is not applicable.

Tax benefits of investing in SBI Gold ETF Scheme

Long term capital gains are taxed at the rate of 20% after indexation (if held for 36 months or more). Short term gains are added to income and subject to short term capital gain tax as per income tax slab under the Act.

About SBI Mutual Fund

SBI Mutual fund is formed by multiple investors who seek to invest on bonds, stock etc.The capital gains are registered with the Securities and Exchange Board of India (SEBI), professional fund managers operate the funds and invest the fund capitals and attempts to produce capital gains.

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Frequently Asked Questions

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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