LIC MF Gold ETF
NAV as of Nov 08, 2024
7,031.600.65%
- Growth - Regular
(Earn upto 0.16% Extra Returns with Direct Plan)
Fund Category:
Commodities: Gold
Expense Ratio:
0.41%(0.52% Category
average)Fund Size:
Rs. 150.52 Cr(0.71% of Investment in Category)
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LIC MF Gold ETF
NAV as of Nov 08, 2024
7,031.600.65%
Expense Ratio:
0.41%
Fund Size:
Rs. 150.52 Cr
Fund Category:
Commodities: Gold
1. Current NAV: The Current Net Asset Value of the LIC MF Gold ETF as of Nov 08, 2024 is Rs 7,031.60 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 28.61% (1yr), 17.9% (3yr), 14.82% (5yr) and 7.16% (since launch). Whereas, Category returns for the same time duration are: 28.237627870023076% (1yr), 17.12457537534728% (3yr) and 14.328530273376186% (5yr).
3. Fund Size: The LIC MF Gold ETF currently holds Assets under Management worth of Rs 150.5194 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.41% for Regular plan as on Oct 27, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 10000 and minimum additional investment is Rs 0. Minimum SIP investment is Rs 0.
LIC MF Gold ETF Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.26 12.54 7.83 26.87 16.65 14.56 Category Avg 2.29 11.86 7.48 26.42 16.02 14.07 Rank within Category 15 3 5 1 1 1 No. of funds within Category 30 30 30 26 21 21 - Loading...
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Return Comparison
- This Fund
- BenchmarkAxis Gold Reg-G
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
LIC MF Gold ETF Fund Details
Investment Objective - The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold in domestic market. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors.
| Fund House | LIC Mutual Fund |
| Launch Date | Nov 09, 2011 |
| Benchmark | Domestic Price of Gold |
| Return Since Launch | 6.9% |
| Riskometer | High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
LIC MF Gold ETF Investment Details
| Minimum Investment (Rs.) | 10,000.00 |
| Minimum Additional Investment (Rs.) | - |
| Minimum SIP Investment (Rs.) | - |
| Minimum Withdrawal (Rs.) | - |
| Exit Load | 0% |
Portfolio Allocation
| Name | Type of Instrument | Weight (%) |
|---|---|---|
| Repo | Repo | 0.11 |
| Net Payables | Net Payables | -0.06 |
| Gold | Gold | 99.95 |
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y LIC MF Gold ETF 7,031.60 Unrated 150.52 2.26 26.87 16.65 14.56 Axis Gold Fund Regular-Growth 22.96 603.24 2.51 26.30 16.07 14.16 SBI Gold Fund-Growth 22.93 2,244.77 2.29 26.19 15.92 13.82 HDFC Gold Fund-Growth 23.45 2,496.22 2.20 25.65 15.73 13.90 UTI Gold ETF FoF Regular - Growth 14.92 125.31 2.54 26.50 - -
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
11.78VS11.01Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.04VS0.97Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Moderate risk-adjusted returns
0.97VS0.97Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
11.02VS11.07Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-0.80VS-0.70Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
17.28VS16.49Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Fund Manager
- S.B.Sumit BhatnagarSince Jun 202412 schemes
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA). Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y LIC MF Nifty Next 50 Index Fund-Growth Large Cap 51.69 101.48 51.15 LIC MF Gold ETF FoF-Growth Gold 20.39 63.79 26.19 LIC MF Large Cap Fund-Growth Large Cap 54.53 1,588.28 27.62 LIC MF Aggressive Hybrid Fund-Growth Aggressive Hybrid 191.26 560.43 26.62 LIC MF Arbitrage Fund Regular - Growth Arbitrage 13.27 136.44 7.09 LIC MF Equity Savings Fund-Growth Equity Savings 26.09 21.68 13.93 LIC MF Nifty 50 Index Fund-Growth Large Cap 133.22 340.27 24.22 LIC MF BSE Sensex Index Fund-Growth Large Cap 148.61 87.78 22.40 LIC MF Focused Fund Regular - Growth Flexi Cap 21.06 Unrated 154.22 25.17 LIC MF Nifty Midcap 100 ETF - Growth Mid Cap 56.36 Unrated 743.77 - LIC MF Nifty 100 ETF -Growth Large Cap 269.92 Unrated 772.63 29.34 LIC MF BSE Sensex ETF -Growth Large Cap 881.71 Unrated 874.61 23.61
More LIC Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| LIC MF Liquid Fund Regular-Growth | 8,924.06 | 0.59 | 1.76 | 3.55 | 7.42 | 6.12 | |
| LIC MF Large & Mid Cap Fund Regular-Growth | 3,234.88 | -5.11 | 0.29 | 18.02 | 43.96 | 15.77 | |
| LIC MF Nifty 8-13 yr G-Sec Term Exchange Traded Fund-Growth | 2,200.04 | 0.19 | 2.76 | 5.60 | 10.94 | 5.81 | |
| LIC MF Banking & PSU Fund-Growth | 1,591.08 | 0.52 | 2.25 | 4.31 | 8.20 | 5.54 | |
| LIC MF Large Cap Fund-Growth | 1,588.28 | -6.31 | -0.82 | 11.41 | 30.82 | 10.31 | |
| LIC MF Low Duration Fund-Growth | 1,494.13 | 0.61 | 1.76 | 3.51 | 7.11 | 5.58 | |
| LIC MF Multi Cap Fund Regular - Growth | 1,403.94 | -4.99 | 0.81 | 19.74 | 44.46 | - | |
| LIC MF ELSS Tax Saver - Growth | 1,209.44 | -5.19 | 1.37 | 17.04 | 35.27 | 14.33 | |
| LIC MF Flexi Cap Fund-Growth | 1,108.79 | -6.21 | 0.26 | 14.18 | 32.85 | 13.47 | |
| LIC MF BSE Sensex ETF -Growth | 874.61 | -5.70 | -0.28 | 9.46 | 25.33 | 10.85 |
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1. LIC MF Gold ETF is Open-ended Gold Commodities scheme which belongs to LIC Mutual Fund House.
2. The fund was launched on Nov 09, 2011.
Investment objective & Benchmark
1. The investment objective of the fund is that " The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold in domestic market. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors. "
2. It is benchmarked against Domestic Price of Gold.
Tax Implications on LIC MF Gold ETF
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about LIC MF Gold ETF
- Is it safe to invest in LIC MF Gold ETF?As per SEBI’s latest guidelines to calculate risk grades, investment in the LIC MF Gold ETF comes under High risk category.
- What is the category of LIC MF Gold ETF?LIC MF Gold ETF belongs to the Commodities : Gold category of funds.
- How Long should I Invest in LIC MF Gold ETF?The suggested investment horizon of investing into LIC MF Gold ETF is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the LIC MF Gold ETF?The LIC MF Gold ETF is managed by Sumit Bhatnagar (Since Jun 01, 2024).
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