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IDBI GOLD FUND

IDBI GOLD FUND

An open ended fund of fund scheme investing in IDBI Gold Exchange Traded Fund [IDBI Gold ETF]

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Fund Manager

Mr. Firdaus Marazban Ragina

Total Experience: Over 21 Years (Managing the Scheme since 20th June, 2019)

Other Funds Managed by Mr. Firdaus Marazban Ragina - Click Here

Gold Schemes
IDBI GOLD EXCHANGE TRADED FUND

Index Schemes
IDBI NIFTY JUNIOR INDEX FUND
IDBI NIFTY INDEX FUND

Fund Information

NAV

13.0047

As on 27 Oct 21

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Fund of Funds

Inception

14 Aug 2012

Benchmark

Domestic price of Gold

Entry Load

Not Applicable

Exit Load

For Lumpsum - 1% for exit (Redemption/Switch-out/Transfer/SWP) within 12 months from the date of allotment.
For SIP - 1% for exit (Redemption/Switch-out/Transfer/SWP) within 12 months from the date of allotment of each installment.

Face Value

Rs. 1,000/- per unit

Returns

As of last business day of the month- September 2021

-7.83%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5000/- and in multiples of Re. 1 thereafter

Minimum Additional Lumpsum Amount:

Rs. 1000/- and in multiples of Re. 1 thereafter

Systematic Investment Plan (SIP) Options

Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters
(Investments above the minimum amount mentioned, shall be made in multiples of Re.1)

SCHEME LABEL

Riskometer

This product is suitable for investors who are seeking*

To replicate returns of IDBI Gold ETF with at least medium term horizon
Investment in units of IDBI Gold ETF / Money Market instruments / IDBI Liquid Fund scheme

*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Investment Objective

The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund

Portfolio as on 30/9/2021

Security Name	% to Net Assets*
UNITS OF IDBI GOLD EXCHANGE TRADED FUND	99.27
TREPS on G-Sec or T-Bills	0.13
CASH & CASH RECEIVABLES	0.60
TOTAL	100.00

*Rounded off to the nearest two digits after the decimal point.

Scheme Performance as of last business day of the month - September 2021

Regular Plan

Schemes managed by Fund Manager (FM) - Mr. Firdaus Marazban Ragina Experience - Over 21 years

Returns (in %)				Value of Rs. 10,000/- invested
Period	Scheme	Benchmark#	Additional Benchmark##	Scheme (Rs.)	Benchmark# (Rs.)	Additional Benchmark## (Rs.)
1 year	-7.83	-9.05	NA	9,217	9,095	NA
3 years	12.57	14.51	NA	14,278	15,031	NA
5 years	5.56	7.59	NA	13,107	14,420	NA
Since Inception (SI) Date: 14 August, 2012	2.50	4.62	NA	12,531	15,104	NA
FM managing this Scheme since 20th June, 2019 # Domestic Price of Gold

Direct Plan