SBI Gold Direct Plan Growth - Latest NAV ₹14.7906, Returns, Performance & Portfolio

SBI Gold Direct Plan Growth

  • highlight
    8.9%
  • highlight
    (--0.07)14.7906

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.64 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years8.9%
3 Years13.89%
1 Year7.73%
6 Months-10.04%
Fund Details
ISININF200K01RP8
RiskModerately High risk
Fund TypeSector - Precious Metals
NAV14.7906
Exit Load1% for 15 Days

More about this fundstar

Top HoldingsWeightage
SBI ETF Gold100.04%

##About SBI Gold Fund - Direct Plan - Growth

The main objective of the SBI Gold Fund is to provide investors with returns corresponding to that of the SBI Gold ETF scheme. This mutual fund scheme is apt for risk-averse investors as gold is considered the safest investment haven in the world of investing.

##Pros and Cons of SBI Gold Fund - Direct Plan - Growth

The main benefit of investing in the SBI Gold Fund is that you get much-needed safety as the asset allocation is made only towards SBI Gold EFT and cash equivalents. This mutual fund is ideal for risk-averse investors. On the downside, this fund does not have the potential to offer high returns like equity funds.

##Fund Information and Statistics

i) Inception/Launch Date SBI Gold Fund was launched on 11 September 2011.

ii) Risk Level The risk level is very low as the SBI Gold Fund invests in SBI ETF Gold and cash equivalents.

iii) Redemption As the SBI Gold Fund is an open-ended fund, you can place redemption requests any time.

iv) Fund Manager Mr Raviprakash Sharma is the current fund manager of the SBI Gold Fund.

v) Entry/Exit Load The regulations of the Securities and Exchange Board of India (SEBI) has made all mutual fund schemes free of entry load. Redemption requests placed within one year are processed with an exit load of 1%. After that, no exit load applies.

##About SBI Funds Management Private Limited

SBI Funds Management Private Limited registered with Securities and Exchange Board of India (SEBI) in February 1992. The State Bank of India (SBI) is the sponsor while SBI Mutual Fund Trustee Company Private Limited is the trustee of the SBI Funds Management Private Limited. The fund house had assets of worth 3.82 lakh crore as of January 2020.

Customer Reviewsstar

  • " Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "

    IT Developer, Bangalore
  • " I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "

    Software Engineer, Indore
  • " Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "

    Campus Manager, Bangalore

Invest Now in 3 Easy Stepsstar

  • 1
  • 2
  • 3

Why ClearTax Invest?

  • checkOur experts do all the research and offer only the BEST mutual funds
  • checkTrusted by Over 25 Lakh Indians
  • checkInvest in just 5 minutes
  • checkNo paperwork required
  • checkSimple and easy to use

Frequently Asked Questions

  • Read More

Min amount: ₹1,000

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 6.64 Lakhs in a period of 20 years
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