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Fund Manager
  • Mr. Raviprakash Sharma

    Managing this fund since Feb 2011.

    Total Experience 18 years .

    • Category
      OTHER SCHEMES
    • AUM ():
      648.56 Cr as on 31 Oct 2018
    • Risk
      MODERATELY 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
    • Type of Scheme
      Read more
    • Launch Date
      September 17, 2010
    Returns

    as on November 13, 2018

    7.52%

    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.

    Compounded Annualized Growth Rate Performance

    Last 1 Year Last 3 Year Last 5 Year Since Inception(17/09/2010)
    SBI-ETF Gold7.64%4.72%0.58%7.52%
    Scheme Benchmark: - The Morning Fixing of Gold by London Bullion Market Association (LBMA)
    8.95%5.89%1.62%8.62%
    Additional Benchmark: - S&P BSE Sensex
    4.91%10.33%11.75%11.4%

    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 10764 11487.43 10291.11 19858
    Scheme Benchmark: - The Morning Fixing of Gold by London Bullion Market Association (LBMA)
    10895 11873.37 10837.36 21863.1
    Additional Benchmark: - S&P BSE Sensex
    10491 13436.32 17429.62 27757.9

    Different plans have a different expense structure

    as on
    Quantitative Data As on 31-Oct-2018
    Expense Ratio**: 1.18
    Tracking Error: 0.06%

    *Tracking Error is computed using Total Returns Index for the 3 Year Period ending Oct 31, 2018, based on month-end NAV.

    **Expense ratio exclusive of Service Tax on Management Fees

    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. Cash Comp is positive investor has to pay while creation and will receive on redemption.
    2. If Cash Comp is negative investor will receive on creation and will pay during redemption.
    3. Transaction charges payable by the investor is per creation request and will be as decided by the AMC at the time of transaction.
    4. he above creation unit is for 1000 units of GOLD ETF.
    5. This is an indicative amount. Cash component as applicable on the date of purchase/redemption will be collected/paid.

    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 2018-04-30 direct redemption option is not available.