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SBI Gold ETF Formerly known as (SBI ETF Gold)

Fund Manager

  • Mr. Raviprakash Sharma

    Managing this fund since Feb 2011.

    Total Experience 18 years .

    See all Open-Ended funds managed by Mr. Raviprakash Sharma
    Mr. Raviprakash Sharma
    Description :

    Raviprakash joined SBIFM in 2011. He has over 16 years of experience in Indian capital markets, spanning across Equity & Fixed Income. Raviprakash had joined us from HDFC Asset Management where he was part of the portfolio management team for almost four years. Prior to that, he was a financial advisor at Citigroup Wealth Advisors, India. Raviprakash has also worked with Kotak Securities, a leading securities brokerage house in India, where he was a part of the Equity Dealing platform. He started his career in 1999 with Birla Sun Life Securities. Raviprakash is a Commerce graduate from Mumbai University and a Chartered Accountant from ICAI. He is also a Charter holder of the CFA Institute, USA.

    Total Experience: 18 years
    Open-Ended funds Managed by Mr. Raviprakash Sharma
    • Category
      OTHER SCHEMES
    • AUM ():
      2572.23 Cr as on 31 May 2022
    • Risk
      HIGH
      riskometer
      • Benchmark & Underlying Index: Price of Gold.
      • Creation Unit Size: 1000 units & in multiples of thereof.
    • Benchmark
      Price of Gold
    • Exit Load
      Read more

      NA

    • Type of Scheme
      Read more
      An open-ended Gold Exchange Traded scheme.
    • Launch Date
      September 17, 2010
    Returns

    as on May 31, 2022

    9.08%
    • Fund Overview
    • Performance
    • Historical NAV
    • Documents
    • Unit Creation
    • Direct Redemption

    The scheme invests in gold and gold related instruments. The main endeavor of the scheme is to track price of the gold. Units of the scheme can be bought or sold through the National Stock Exchange, just like a stock.

    Key Benefit

    • The investment objective of the fund is to seek to provide returns that closely corresponds to returns provided by price of gold through investment in physical Gold.

    Who can invest?

    • It is ideal for investors who would like to invest in Gold but doesn’t like the hassles and costs of storing and safeguarding physical gold. As the unit price would closely resemble price of gold in the market – an investor can easily encash his holding by selling his units on the stock exchange.Thus the fund offers an ideal way to invest in Gold and Gold bullion.

    Disclaimer

    Compounded Annualized Growth Rate Performance

    Last 1 Year Last 3 Year Last 5 Year Since Inception(17/09/2010)
    SBI-ETF Gold4.41%16.09%10.87%9.08%
    Scheme Benchmark: - The Morning Fixing of Gold by London Bullion Market Association (LBMA)

    Benchmark

    		5.09%16.8%11.78%10.09%
    Additional Benchmark: - S&P BSE Sensex TRI

    Additional Benchmark

    		8.39%13.22%13.69%12.54%

    Current Value of Standard Investment of Rs 10,000

    Last 1 Year Last 3 Year Last 5 Year Since Inception(17/09/2010)
    SBI-ETF Gold 10441 15650.86 16758.37 31076.4
    Scheme Benchmark: - The Morning Fixing of Gold by London Bullion Market Association (LBMA)

    Benchmark

    		 10509 15941 17453.29 35032.8
    Additional Benchmark: - S&P BSE Sensex TRI

    Additional Benchmark

    		 10839 14518.12 18997.49 46675

    Different plans have a different expense structure

    as on

    The Board of Directors of SBI Mutual Fund Trustee Company Private Limited, Trustees to SBI Mutual Fund, have approved change in face value per unit of SBI – ETF Gold (‘the scheme”), from Rs. 100/- per unit to Re. 1/- per unit with effect from close of business hours on January 7, 2022 (Record Date). Accordingly, the NAV per unit of the Scheme will reflect the change in face value per unit with effect from January 10, 2022.

    For further details, please Click here

    Quantitative Data As on 2022-06-30
    Expense Ratio**: 0.64
    Tracking Error: 0.22%

    *Tracking Error is computed using Total Returns Index for the 3 Year Period ending Jun 30, 2022, based on month-end NAV.

    **Expense ratio exclusive of Service Tax on Management Fees

    Tracking Difference As on 30-May-2022
    1 Yr.: -0.68%
    3 Yr.: -2.90%
    5 Yr.: -6.95%
    10 Yr.: -14.85%
    Inception: -39.56%
    Enter Date * :
     
    Gold ETF Creation Unit
    Creation Unit For :
    NAV as on :
    Gold Value per unit (Incl VAT) :
    Cash Component per unit :
    Cash Component per creation unit :
    Gold ETF Creation Unit
    Creation Unit For :
    No data Available
    Note:
    1. Transaction charges payable by the investor is per creation request and will be as determined by the AMC at the time of transaction.
    2. The STT, Depository & Upload charges will be at actuals.
    3. Cash component is an indicative amount and will be collected/paid as applicable on the date of purchase/redemption.

    Unit holders, other than Authorised Participants and Large Investors, can redeem units in less than Creation Unit Size of the Scheme directly with the Mutual Fund in the following cases:

    • if the traded price of the ETF units is at a discount of more than 3% to the NAV for continuous 30 days; or
    • if discount of bid price to applicable NAV is more than 3% over a period of 7 consecutive trading days; or
    • if no quotes are available on exchange for 3 consecutive trading days; or
    • when the total bid size on the exchange is less than half of Creation Unit size daily, averaged over a period of 7 consecutive trading days.

    In such a scenario valid applications received up to 3 p.m. by the Mutual Fund shall be processed and the Redemption proceeds would be paid in cash and would be as per the NAV of the Scheme declared by the Mutual Fund at the end of the day on which the Redemption request is received. Any redemption as specified above shall be made without any payments of Exit Load.

    Note : Please select the date below to check the availability of this direct redemption option

    For transaction date 2022-06-08 direct redemption option is not available.