Where does HDFC Gold Fund invest?
By Matthew Alvarez
Where does HDFC Gold Fund invest?
HDFC Gold Fund is an open-ended fund of fund scheme aimed at capital appreciation. It invests in HDFC Gold Exchange Traded Fund (HGETF) directly or via secondary markets on the stock exchange. This is one of the best funds in the category and can help you add gold to your portfolio.
Is HDFC gold mutual fund good?
3 Value Research 13410 302-13410 HDFC Mutual Fund The Scheme seeks to generate capital appreciation by investing in units of HDFC Gold Exchange Traded Fund….-0.26%
| Fund House: | HDFC Mutual Fund |
|---|---|
| Type: | Open-ended |
| Assets : | ₹ 1,284 Cr ( As on 30-Nov-2021 ) |
| Expense : | 0.70% ( As on 31-Oct-2021 ) |
| Risk Grade : | Below Average |
Which gold fund is best?
Top Performing Gold Funds to Invest in India
- Kotak Gold Fund. The investment objective of the scheme is to generate returns by investing in units of Kotak Gold Exchange Traded Fund.
- Axis Gold Fund. To generate returns that closely correspond to returns generated by Axis Gold ETF.
- SBI Gold Fund.
- HDFC Gold Fund.
How is HDFC Gold Fund?
The Current Net Asset Value of the HDFC Gold Fund as of 22 Nov 2021 is Rs 15.3859 for Growth option of its Regular plan. 2. Its trailing returns over different time periods are: -9.3% (1yr), 13.68% (3yr), 7.87% (5yr) and 4.25% (since launch). The expense ratio of the fund is 0.6% for Regular plan as on Sep 30, 2021.
How does HDFC Gold Fund work?
The expense ratio of the fund is 0.7% for Regular plan as on Oct 31, 2021. HDFC Gold Fund shall attract an Exit Load, “Exit load of 2% if redeemed within 6 months and 1% if redeemed after 6 months but within 1 year.” 6. Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000.
Which HDFC Mutual Fund is best?
Top 10 Hdfc Mutual Funds
| Fund Name | Category | Risk |
|---|---|---|
| HDFC Mid-Cap Opportunities Fund | Equity | Very High |
| HDFC Top 100 Fund | Equity | Very High |
| HDFC Index Fund | Other | Very High |
| HDFC Balanced Advantage Fund | Hybrid | Very High |
Which is the best SIP to invest in 2021?
Best Mutual Fund for SIP to Invest in December 2021
| Fund Name | 1Y CAGR 3Y CAGR 5Y CAGR Till Date CAGR | Till Date CAGR |
|---|---|---|
| Kotak Bluechip fund (G) | 21.3% | – |
| ICICI Prudential Bluechip Fund (G) | 19.1% | 14.9% |
| Axis Bluechip Fund (G) | 21.1% | 13.8% |
| Mirae Asset Large Cap Fund (G) | 19.6% | 16.3% |
What is HDFC Gold ETF?
An open ended scheme replicating/tracking performance of Gold. The Fund aims to generate returns that are in line with the performance of Gold, subject to tracking errors. The Scheme may invest in Gold and Gold related instruments (including derivatives, Sovereign Gold Bonds, etc.
