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AppStore
PlaystoreAditya Birla Sun Life AMC Limited
Aditya Birla Sun Life AMC Limited
Investment Objective
An Open ended Gold Exchange Traded Fund with the investment objective to generate returns that are in line with the performance of gold, subject to tracking errors.
This Product is Suitable For Investors Who Are Seeking*:
- returns that are in line with the performance of gold over long term, subject to tracking errors.
- Investments in physical gold of 99.5% purity (fineness)
Fund Details
- Fund Type - Open-Ended
- Category - Other-E
- Sub-Category - ETFs - Gold
- Min Investment - -
- Fund Manager - Mr. Sachin Wankhede
- Latest NAV - NA
- Inception Date - May 13, 2011
View Full Details
Fund Performance
Trailing Return
Funds are bucketed on various parameters with respect to other funds in their category.
*Annualized returns are displayed for 1 year and above.
*Annualized returns are displayed for 1 year and above.
Annualized Returns
Fund Management
-
Mr. Sachin Wankhede
Total Experience : 23 Years
View Full ProfileMr. Sachin Wankhede has around 23 years of experience in credit analysis, evaluation, risk assessment and due diligence. He joined Aditya Birla Sun Life AMC Limited in 2016 and is responsible for Credit analysis of companies in Commodities, Road, Telecom, Real Estate and Retail sector, etc.
He was previously associated with Aditya Birla Financial Services Group, L&T Infrastructure Finance Company, Credit Analysis and Research and Gammon Infrastructure Projects Ltd.
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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.
Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.
To check an all-time best return rate for equity funds, check how they've performed in the last 3 or 5 years.
Check your investment performance
Use this tool by entering any amount you would have invested to calculate how much it would be worth today.
Rs
Minimum Amount is Rs 500
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Select Lumpsum or frequency of SIP
Select the date invested
Your Investment Summary
- Investment AmountRs 5000
- Initial units per month 29.5
- Current valueRs 50,000
- Current NAV value 260
- Current Units 30
-
XIRR
5.10%
Internal rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals.
-
Benchmark XIRR
8%
Internal Rate of return or annualized yield for a schedule of cash flows occurring at irregular intervals for respective benchmark index.
Fund Summary
Entry Load
Exit Load
Load Comments
NIL
NIL
Not Applicable
Highlights
- Guaranteed Purity
- Safety
- Convenience
- Tax efficiency
You occasionally purchase gold, be it in the form of ornaments or coins for a special event. And why not!
Besides, you may have always wanted to invest in gold since you know its value may increase in the long run. But, issues like safety of storage, assurance of purity, tax liability and getting the right value at the time of reselling could have stopped you from investing.
That's why we bring you Aditya Birla Sun Life Gold ETF, a simpler way to invest in gold and benefit from its growth potential minus the hassles!
Highlights
1. Guaranteed Purity
2. Safety
3. Convenience
4. Tax efficiency
The above highlights are advantages perceived from investments made in ABSL Gold ETF as compared to investments in physical gold and do not indicate assurance of future scheme performance. Please turn overleaf for more details.
Gold can add value to your portfolio
Adding gold investments to your portfolio brings diversification and greater stability to your overall portfolio. One of the unique traits of Gold is that it can help you beat inflation. This is because, as inflation rate increases, so do gold prices. In the last 10 years (01 Jan 01 to 31 Dec 10), gold investments have given a growth of 17.3 % CAGR whereas the average inflation rate has been 5.6 % CAGR.
Data source: Bloomberg. Computation: Internal
Benefits of buying Gold through ABSL Gold ETF
Guaranteed Purity & Safety: When you invest in ABSL Gold ETF, we buy physical gold of 99.5% purity which is preserved safely by us.
No Making Charges:While buying or selling ABSL Gold ETF, you do not have to pay any making charges which you otherwise do while buying or selling gold coins and jewellery. This way you can buy maximum gold for your money.
|
|
Physical Gold
|
ABSL Gold ETF |
|
Impurity Risk |
Present |
Absent |
|
Liquidity |
Low |
High |
|
Transaction Cost |
High |
Low |
|
Short Term Capital Gains Tax |
If sold before 3yrs |
If sold before 1yr |
|
Long Term Capital Gains Tax |
If sold after 3yrs |
If sold after 1yr |
|
Wealth Tax |
Yes |
No |
|
The above table is provided for illustration purposes only. In case of individual nature of tax implications, investors are further advised to consult their tax advisor before making investments |
||
Convenience to buy in small quantities: ABSL Gold ETF allows you to buy Gold in quantities as low as 1gm. This is done in form of Demat units where each unit approximately represents the value of 0.1 gm of Gold. So, you do not have to accumulate a large amount of money before you go out to buy gold.
Easy loan against Gold: Since you own gold in Demat form, its purity is never in question and you can easily avail a loan against your units from any gold financing company or a bank.
Tax Efficiency: When you own physical gold, you have to pay the applicable wealth tax as long as you hold the gold. Also, short term capital gains tax is applicable if you sell physical gold within 3 years of purchasing it; as against just 1 year in case of ABSL Gold ETF.
Sell your investment with ease
ABSL Gold ETF will invest your money to buy physical gold and will aim to grow your money in line with the domestic spot price of gold as much as possible. It will be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) where you can sell units at prevailing market prices. The amount will be directly credited to your bank linked to your demat account.
So, make your investments shine with Aditya Birla Sun Life Gold ETF.
Premium SMS charges apply.
Get the latest NAV on SMS, send NAV <Scheme Code> as an SMS to 567679.
Premium SMS charges apply.
Authorised Participant - Raksha Bullion
Click here to view the Aditya Birla Sun Life Gold ETF Unit Creation
Aditya Birla Sun Life Gold ETF
(An open ended scheme tracking physical price of Gold)
This product is suitable for investors who are seeking:
- Returns that are in line with the performance of gold over long term, subject to tracking errors.
- Investments in physical gold of 99.5% purity (fineness)
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
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Disclaimer
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.