Overview
Nippon India Gold Savings Fund Direct Growth
Nippon India Mutual Fund
The scheme seeks to provide returns that closely correspond to returns provided by R*Shares Gold BeES.
Investments in Nippon India Gold Savings Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 39.1484
Fund Size (AUM)
₹2744.47 Cr
Risk
High (Risk rating: 5/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
31-Dec-2012
Expense Ratio
0.13%
Exit Load
Exit load of 1%, if redeemed within 15 days
Benchmark
Domestic Price of Gold Index
Standard Deviation
11.6
History
Performance & Ratios
1-Year SIP Return
50.62%
3-Year SIP Return
29.03%
5-Year SIP Return
20.41%
Mean Return
10.16%
Alpha
-0.02
Beta
0.96
Sharpe Ratio
1.02
Sortino Ratio
2.35
Information Ratio
-0.26
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 29.87% | 21.31% | 13.9% | 10.34% |
| Category Average | 29.51% | 21.0% | 13.98% | N/A |
| Rank Within Category | 10 | 8 | 5 | N/A |
Holdings (1)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Nippon India ETF Gold BeES | None | Mutual Fund | 99.94% |
Holdings Analysis
Peer Comparison
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 1000
Min Installments: 2
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 8, 15, 22
Min Amount: ₹ 500
Min Installments: 1
AMC Details
Asset Management Company
Nippon India Mutual Fund
Reliance Mutual Fund started their mutual fund on 30/06/1995 and its managing total assets of ₹2,32,169 Cr. Its ranked at 3 as per total assets at end of 30th Sep 2017. Nippon India Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Reliance Mutual Fund is a part of Reliance Anil Dhirubhai Ambani (ADA) Group and it is one of the largest growing asset management companies in India. It has an asset under management of Rs 239,145.
Reliance Mutual Fund is present across 160 cities across the country. The main motto of the asset management company is to launch products that are not only innovative, but also conducive for investors. They believe in increasing their value to investors.
RMF provides a host of mutual funds across various categories, be it equity, debt and hybrid. The schemes have a well-managed portfolio and it has pioneered to become one of the most trusted asset management companies in India.
Reliance Mutual Fund has been sponsored by Reliance Capital Limited and Nippon Life Insurance Company.
Launch Date
1995-06-30T00:00:00.583Z
Total AUM
₹ 560218.54 Cr
Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
None
Website
Sub Type
None
Sub Type Info
None
Tax Impact
None
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Nippon India Gold Savings Fund Direct Growth
Nippon India Mutual Fund
You May Be Interested In
Mirae Asset Gold ETF FoF Direct Growth
Gold
Axis Silver FoF Direct Growth
Silver
Union Gold ETF FoF Direct Growth
Gold
Kotak Silver ETF FoF Direct Growth
Silver
UTI Silver ETF FoF Direct Growth
Silver
Edelweiss Gold and Silver ETF FoF Direct Growth
Gold
Motilal Oswal Gold and Silver ETFs FoF Direct Growth
Gold
ICICI Prudential Regular Gold Savings (FOF) Direct Growth
Gold
Kotak Gold Fund Direct Growth
Gold
HDFC Gold ETF Fund of Fund Direct Plan Growth
Gold
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Debt Mutual Funds - Best Debt Fund Options
Discover top debt mutual funds for stable returns. Filter by NAV, fund size, and AMC to find the best debt funds for you.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Mid Cap Equity Funds
Find top mid cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Nippon India Gold Savings Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Nippon India Gold Savings Fund Direct Growth?
The top stocks held by Nippon India Gold Savings Fund Direct Growth include Nippon India ETF Gold BeES.
Which industries does Nippon India Gold Savings Fund Direct Growth invest in?
Nippon India Gold Savings Fund Direct Growth primarily invests in the following industries: None.
Who is the fund manager of Nippon India Gold Savings Fund Direct Growth?
The fund manager of Nippon India Gold Savings Fund Direct Growth is Himanshu Mange.
How many years has the fund manager been managing Nippon India Gold Savings Fund Direct Growth?
Himanshu Mange: Calculating...
What is the minimum investment for Nippon India Gold Savings Fund Direct Growth?
The minimum investment for Nippon India Gold Savings Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Nippon India Gold Savings Fund Direct Growth?
Calculating...
What are the average 3-year returns for Nippon India Gold Savings Fund Direct Growth?
Calculating...
What is the expense ratio of Nippon India Gold Savings Fund Direct Growth, and how does it compare to its category?
The expense ratio of Nippon India Gold Savings Fund Direct Growth is 0.13%. No category comparison data is available.