Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
High
₹6,430.9275
As on 14-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
LIC MF Gold ETF
|
|
High
|
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0.41 |
||
|
|
High
|
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0.79 |
|||
|
|
High
|
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0.59 |
|||
|
|
High
|
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0.50 |
|||
|
|
High
|
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0.65 |
₹127 Cr
--
10,000
--
--
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Investment Strategy
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.
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
1 min read•By News Desk
LIC MF Gold ETF 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, LIC MF Gold ETF fund can be purchased from the website of LIC 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 LIC MF Gold ETF is ₹6,430.9275 as of 14-Aug-2024.
The AUM of LIC MF Gold ETF Fund is ₹127 Cr as of 31-Jul-2024
The riskometer level of LIC MF Gold ETF is High. See More
| Company | Percentage of Portfolio |
|---|---|
|
Others Gold |
100.66
|
As of 31-Jul-2024, LIC MF Gold ETF had invested 100.66% in Commodities and -0.66% in Cash & Cash Eq. See More
LIC MF Gold ETF is 12 years 9 months old. It has delivered 6.26% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
18.53%
|
14.30%
|
11.71%
|
12.67%
|
8.68%
|
6.26%
|
No, There is no lock in period in LIC MF Gold ETF.
The expense ratio of LIC MF Gold ETF is 0.41.
Mutual Funds 
LIC MF LIC MF Gold ETF
