3 Year return
15.55%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
High Risk
Asset Under Management
₹2237.03 Cr.
Expense Ratio
0.14% (inclusive of GST)
Exit Load
1.00% - IF redeemed / Switchedout on or before completion of 15 days from the date of allotment of units. Nil - If redeemed / switched out after the completion of 15 days from the date of allotment of units.
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Nippon India Mutual Fund Managers
MD
Mehul Dama
Fund Manager since Aug 2022
Fund House Details
Nippon India Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
ICICI Prudential Bharat 22 Fund (FoF) |
38.01% |
0 |
ICICI Prudential Thematic Advantage Fund (FoF) |
20.47% |
0 |
Kotak Multi Asset Allocator Fund of Fund Dynamic |
19.95% |
0 |
Schemes by Nippon India Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan Growth
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Payout
Hybrid . Arbitrage Fund
Nippon India Arbitrage Fund Direct Plan IDCW Reinvestment
About Nippon India Gold Savings Fund Direct Plan Growth
Nippon India Gold Savings Fund Direct Growth is an offering from Nippon India Mutual Fund. The scheme is meticulously structured to align with the performance of Nippon India ETF Gold BeES. This is achieved through strategic investments in Nippon India ETF Gold BeES, allowing investors to potentially benefit from the performance of gold in the financial market. One distinct advantage of this scheme is its lower expense ratio compared to alternatives in the market.
Investment Objective of the Scheme
The primary investment objective of the Nippon India Gold Savings Fund Direct Plan Growth is to closely correspond to the returns offered by the Reliance Gold ExchangeTraded Fund (RGETF). By mirroring the performance of RGETF, the fund aims to provide investors with exposure to the potential benefits of gold investment, catering to those interested in including gold in their investment portfolios.
Key Features of The Fund
5-year return | 13.64% |
Expense Ratio | 0.14% |
Fund Manager | Mehul Dama |
Fund Size | ₹2237.03 Cr |
Risk Profile | High |
Is This Scheme Right for Me?
This investment solution is particularly suitable for investors who aspire for long-term capital growth and desire returns that parallel the performance of Nippon India ETF Gold BeES. By investing in securities linked to Nippon India ETF Gold BeES, the scheme offers an avenue for investors to potentially capitalise on the merits of gold investment. It's important for investors to evaluate their individual financial goals, risk preferences, and investment horizons to determine if this scheme aligns with their overall investment strategy. The scheme's ability to provide returns closely tied to the performance of Nippon India ETF Gold BeES makes it an option worth exploring for those seeking to diversify their investment portfolios with exposure to the gold market.
AMC Contact Details
Name | Nippon India Mutual Fund |
Launch Date | June 1995 |
Addresss | Nippon Life India Asset Management Limited, 4th Floor, Tower A, Peninsula Business Park, Ganapatrao Kadam Marg, Lower Parel (W), Mumbai – 400 013 |
Contact | 1860 266 0111 |
customercare@nipponindiaim.in | |
Website | https://mf.nipponindiaim.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
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What is the minimum SIP amount to invest in Nippon India Gold Savings Fund?
How do I invest in Nippon India Gold Savings Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Nippon India Gold Savings Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Nippon India Gold Savings Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Nippon India Gold Savings Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.