IDBI Gold Direct Growth - NAV, Mutual Fund Performance & Portfolio

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IDBI Gold Direct Growth
Others
Gold
High Risk
3.38%
3Y annualised
-0.65% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 28 Jul 2023
₹16.63
Rating
4
Min. SIP amount
Not Supported
Fund size
₹213.98Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Holdings (1)NameSectorInstrumentAssets
IDBI Gold ETF
NAMutual Fund100.01%
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Others Gold
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns15.0%3.4%13.6%4.9%
Category average40.0%24.5%13.3%NA
Rank with in category541NA
Understand terms
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting  your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
30 Jun 2023 - Present
0.26%
31 May 2023 - 30 Jun 2023
0.26%
30 Apr 2023 - 31 May 2023
0.26%
31 Mar 2023 - 30 Apr 2023
0.26%
28 Feb 2023 - 31 Mar 2023
0.26%
31 Jan 2023 - 28 Feb 2023
0.26%
31 Dec 2022 - 31 Jan 2023
0.26%
31 Dec 2022 - 31 Dec 2022
0.26%
30 Nov 2022 - 31 Dec 2022
0.26%
30 Nov 2022 - 30 Nov 2022
0.26%
30 Nov 2022 - 30 Nov 2022
0.26%
31 Oct 2022 - 30 Nov 2022
0.26%
31 Oct 2022 - 31 Oct 2022
0.26%
31 Oct 2022 - 31 Oct 2022
0.26%
31 Oct 2022 - 31 Oct 2022
0.26%
30 Sep 2022 - 31 Oct 2022
0.26%
30 Sep 2022 - 30 Sep 2022
0.26%
30 Sep 2022 - 30 Sep 2022
0.26%
31 Aug 2022 - 30 Sep 2022
0.26%
31 Aug 2022 - 31 Aug 2022
0.26%
31 Jul 2022 - 31 Aug 2022
0.26%
31 Jul 2022 - 31 Jul 2022
0.26%
30 Jun 2022 - 31 Jul 2022
0.26%
30 Jun 2022 - 30 Jun 2022
0.26%
31 May 2022 - 30 Jun 2022
0.26%
31 May 2022 - 31 May 2022
0.26%
30 Apr 2022 - 31 May 2022
0.26%
30 Apr 2022 - 30 Apr 2022
0.26%
31 Mar 2022 - 30 Apr 2022
0.26%
31 Mar 2022 - 31 Mar 2022
0.26%
28 Feb 2022 - 31 Mar 2022
0.26%
28 Feb 2022 - 28 Feb 2022
0.26%
31 Jan 2022 - 28 Feb 2022
0.26%
31 Dec 2021 - 31 Jan 2022
0.26%
30 Nov 2021 - 31 Dec 2021
0.26%
31 Oct 2021 - 30 Nov 2021
0.26%
30 Sep 2021 - 31 Oct 2021
0.26%
31 Aug 2021 - 30 Sep 2021
0.26%
31 Jul 2021 - 31 Aug 2021
0.26%
30 Jun 2021 - 31 Jul 2021
0.26%
31 May 2021 - 30 Jun 2021
0.26%
30 Apr 2021 - 31 May 2021
0.26%
31 Mar 2021 - 30 Apr 2021
0.27%
28 Feb 2021 - 31 Mar 2021
0.28%
31 Jan 2021 - 28 Feb 2021
0.28%
31 Dec 2020 - 31 Jan 2021
0.28%
30 Nov 2020 - 31 Dec 2020
0.28%
31 Oct 2020 - 30 Nov 2020
0.26%
30 Sep 2020 - 31 Oct 2020
0.25%
31 Aug 2020 - 30 Sep 2020
0.26%
31 Jul 2020 - 31 Aug 2020
0.26%
30 Jun 2020 - 31 Jul 2020
0.26%
31 May 2020 - 30 Jun 2020
0.25%
30 Apr 2020 - 31 May 2020
0.25%
31 Mar 2020 - 30 Apr 2020
0.25%
29 Feb 2020 - 31 Mar 2020
0.25%
31 Jan 2020 - 29 Feb 2020
0.25%
30 Nov 2019 - 31 Jan 2020
0.25%
31 Oct 2019 - 30 Nov 2019
0.25%
30 Sep 2019 - 31 Oct 2019
0.15%
31 Aug 2019 - 30 Sep 2019
0.15%
31 Jul 2019 - 31 Aug 2019
0.15%
30 Jun 2019 - 31 Jul 2019
0.15%
31 May 2019 - 30 Jun 2019
0.15%
30 Apr 2019 - 31 May 2019
0.15%
31 Mar 2019 - 30 Apr 2019
0.53%
28 Feb 2019 - 31 Mar 2019
0.57%
31 Jan 2019 - 28 Feb 2019
0.57%
31 Dec 2018 - 31 Jan 2019
0.57%
30 Nov 2018 - 31 Dec 2018
0.57%
31 Oct 2018 - 30 Nov 2018
0.57%
30 Sep 2018 - 31 Oct 2018
0.62%
31 Aug 2018 - 30 Sep 2018
0.62%
31 Jul 2018 - 31 Aug 2018
0.62%
30 Jun 2018 - 31 Jul 2018
0.62%
31 May 2018 - 30 Jun 2018
0.80%
30 Apr 2018 - 31 May 2018
0.80%
31 Mar 2018 - 30 Apr 2018
0.80%
28 Feb 2018 - 31 Mar 2018
0.84%
31 Jan 2018 - 28 Feb 2018
0.84%
31 Dec 2017 - 31 Jan 2018
0.84%
30 Nov 2017 - 31 Dec 2017
0.84%
31 Oct 2017 - 30 Nov 2017
0.84%
Expense ratio, exit load and taxExpense ratio: 0.32%Inclusive of GST
Exit loadExit load of 1%, if redeemed within 15 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationNA
Understand terms
Check past data
Fund managementSumit Bhatnagar
Jun 2024 - Present
View details
Education
Mr. Bhatnagar is an MBA (Investment Management) from University of Toronto, Canada and CFA Charter (USA).
Experience
Prior to joining LIC Mutual Fund. He was assocaited with Indiabulls Mutual Fund he has worked with SEBI.
Also manages these schemes
LIC MF Aggressive Hybrid Fund Direct Growth
LIC MF Nifty 50 Index Fund Direct Growth
LIC MF BSE Sensex Index Fund Direct Growth
Indiabulls Savings Income Fund Direct Growth
LIC MF Arbitrage Fund Direct Growth
LIC MF Nifty Next 50 Index Fund Direct Growth
LIC MF Equity Savings Fund Direct Growth
LIC MF Gold ETF FoF Direct Growth
LIC MF Focused Fund Direct Growth
LIC MF Value Fund Direct Growth
Fund house & investment objective
IDBI Mutual Fund
Rank (total assets)#29 in India
Total AUM₹3,591.62Cr
Date of Incorporation29 Mar 2010
    IDBI Gold Direct Growth is a Others Mutual Fund Scheme launched by IDBI Mutual Fund.     This scheme was made available to investors on 29 Mar 2010.     Ashish Mishra is the Current Fund Manager of IDBI Gold Direct Growth fund.     The fund currently has an Asset Under Management(AUM) of ₹3,592 Cr and     the Latest NAV as of 28 Jul 2023 is ₹16.63.  

    The IDBI Gold Direct Growth is rated High risk.     Minimum SIP Investment is set to ₹500.          Exit load of 1%, if redeemed within 15 days.
  ;
Investment ObjectiveThe objective of this scheme is to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund. 
 
;
Fund benchmarkDomestic Price of Gold
Scheme Information Document(SID)
Fund house contact details
Address
4th Floor, IDBI Tower,WTC Complex, Cuffe Parade,Colaba, Mumbai 400005
Phone
NA
Launch Date
29 Mar 2010
E-mail
NA
Website
www.idbimutual.co.in
IDBI Mutual Fund
Asset Management Company
Custodian
SBI SG Global Securities Services Pvt.Ltd.
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4,  Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Others Gold
Pros
1Y category rank: 1, 3Y category rank: 1
Consistently higher annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.26%
Cons
Lower alpha: -0.35 
The fund has generated returns lower than benchmark - Domestic Price of Gold - in the last 3Y 
5Y and 10Y annualised returns lower than category average
Compare funds
IDBI Gold Direct Growth
VS
Add mutual fund to compare

Vaishnavi Tech Park, South Tower, 3rd FloorSarjapur Main Road, Bellandur, Bengaluru – 560103Karnataka

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