Aditya Birla Sun Life Mutual Fund

Aditya Birla Sun Life Gold ETF

Aditya Birla Sun Life Gold ETF

(An Open ended Gold Exchange Traded Fund)

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
  • Class - Others
  • Category - ETF
  • Min Investment - Rs. 1000/-
  • Fund Manager - Mr. Pranay Sinha
  • Latest NAV - 2956.639 (as on 22-Mar-2019)
  • Inception Date - May 12, 2011
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Fund Management

  • Mr. Pranay Sinha

    Total Experience : 10 years

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    Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.Prior to joining BSLAMC , he has worked with BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. (October 2005 - March 2008).
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Different plans shall have a different expense structure. The performance details provided herein are of (regular / direct) plan.

Fund Summary

Entry Load
Exit Load
Load Comments
NIL
NIL
++The units of the scheme are compulsorily traded in dematerialized form, and hence, there shall be no entry/exit load for the units purchased or sold through stock exchanges. However,the investor shall have to bear costs in form of bid/ask spread and brokerage or such other cost as charged by his broker for transacting in units of the scheme through secondary market

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 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.

Click here to view the Birla Sun Life Gold ETF Unit Creation

Aditya Birla Sun Life Gold ETF

An Open ended Gold Exchange Traded Fund

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)

 

*We recommend investors to consult their financial advisers in case of doubt about whether the product is suitable for them.

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  • KIM - Aditya Birla Sun Life Gold ETF
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Disclaimer

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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