Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
HDFC Gold Fund
|
Very High
|
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0.49 |
|||
High
|
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0.42 |
||||
High
|
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0.50 |
||||
High
|
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0.50 |
||||
High
|
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0.35 |
₹2,068 Cr
1.00 (15)
100
100
100
6
Investment Strategy
The Scheme seeks to generate capital appreciation by investing in units of HDFC Gold Exchange Traded Fund.
Suitability
"Gold funds provide returns that are closely in line with the returns provided by gold.
We do not think of gold as a good long-term investment avenue and therefore we believe that investors can avoid these funds altogether. Read this article to know why.
But for those retail investors who'd still prefer to invest in gold, we believe that the Sovereign Gold Bond Scheme offered by the Government of India is a better alternative. This scheme offers a guaranteed return of 2.5 per cent per year over and above the return provided by the price of gold, though the investment cannot be redeemed before a tenure of five years."
Capital Gains Taxation
Dividend Taxation
HDFC Gold Fund is mandated to invest its assets in physical gold and/or other mutual funds/ETFs which in turn invest in gold. Therefore, you can expect it to generate returns closely in line with the returns provided by the price of gold.
Mutual funds can be bought directly from the website of the fund house. For instance, HDFC Gold Fund fund can be purchased from the website of HDFC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of HDFC Gold Fund is ₹21.4931 as of 14-Aug-2024.
The AUM of HDFC Gold Fund Fund is ₹2,068 Cr as of 31-Jul-2024
The riskometer level of HDFC Gold Fund is Very High. See More
Company | Percentage of Portfolio |
---|---|
HDFC Gold ETF |
100.28
|
As of 31-Jul-2024, HDFC Gold Fund had invested 98.5% in Commodities and 1.5% in Cash & Cash Eq. See More
HDFC Gold Fund is 12 years 9 months old. It has delivered 6.16% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
17.90%
|
13.25%
|
11.81%
|
12.12%
|
8.14%
|
6.16%
|
No, There is no lock in period in HDFC Gold Fund.
The expense ratio of HDFC Gold Fund is 0.49.