Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
High
₹69.5575 0.67%
As on 13-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 (%)
|
|
|---|---|---|---|---|---|---|
|
Mirae Asset Gold ETF
|
|
High
|
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0.30 |
||
|
|
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 |
₹314 Cr
--
5,000
--
--
--
Investment Strategy
The scheme seeks to generate returns that are in line with the performance of physical gold in domestic prices, subject to tracking error. The Scheme does not guarantee or assure any returns.
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
Mirae Asset 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, Mirae Asset Gold ETF fund can be purchased from the website of Mirae Asset 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 Mirae Asset Gold ETF is ₹69.5575 as of 14-Aug-2024.
The AUM of Mirae Asset Gold ETF Fund is ₹314 Cr as of 31-Jul-2024
The riskometer level of Mirae Asset Gold ETF is High. See More
| Company | Percentage of Portfolio |
|---|---|
|
Others Gold |
97.22
|
As of 31-Jul-2024, Mirae Asset Gold ETF had invested 97.22% in Commodities and 2.78% in Cash & Cash Eq. See More
Mirae Asset Gold ETF is 1 years 5 months old. It has delivered 15.05% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
18.50%
|
--
|
--
|
--
|
--
|
15.05%
|
No, There is no lock in period in Mirae Asset Gold ETF.
The expense ratio of Mirae Asset Gold ETF is 0.30.
Mutual Funds 
Mirae Asset Mirae Asset Gold ETF
