SBI Gold-Reg(D)

SBI Gold-Reg(D)
Dividend Yearly
NA
Category
Equity - FOF
52-week NAV high
17.45  (As on 07-08-2020)
52-week NAV low
11.59  (As on 01-10-2019)
Expense
0.52%  (As on 31-08-2020)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -3.70 2.51 10.91 31.13 26.75 17.25 10.96 11.92 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
NA
Launch Date
Sep 12, 2011
Last Dividend
NA
Minimum Investment
5000

SBI Gold Fund – Regular Plan – Dividend is an open-ended fund of fund scheme offered by SBI Mutual Fund. It makes investments in SBI-ETF Gold with a view to generating capital appreciation in the long term.

Investment Objective of SBI Gold Fund – Regular Plan – Dividend

SBI Gold Fund – Regular Plan – Dividend aims to generate returns that are closely commensurate with the returns offered by SBI-ETF Gold.

Key Features of SBI Gold Fund – Regular Plan – Dividend

Here are some of the key features of SBI Gold Fund – Regular Plan – Dividend:

Type of Fund Open-ended fund of fund scheme
Plans Available Regular Plan and Direct Plan
Options Under Each Plan Both plans come with the Growth and Dividend Options. The Dividend Option comes with further sub-options – Payout, Transfer, and Reinvestment
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available

Investment Amount for SBI Gold Fund – Regular Plan – Dividend

Minimum Application Amount Rs.5,000 and in multiples of Re.1 thereafter
Minimum Additional Investment Rs.1,000 and in multiples of Re.1 thereafter
Minimum Instalment for Systematic Investment Plans
  • In case of monthly SIP, the minimum instalment amount is Rs.1,000 and in multiples of Re.1 thereafter (at least six months), or Rs.500 and in multiples of Re.1 thereafter (at least 12 months).
  • In case of quarterly SIP, the minimum instalment amount is Rs.1,500 and in multiples of Re.1 thereafter (at least one year).
  • In case of weekly SIP, the minimum instalment amount is Rs.1,000 and in multiples of Re.1 thereafter (at least six instalments).
  • In case of half-yearly SIP, the minimum instalment amount is Rs.3,000 and in multiples of Re.1 thereafter.
  • In case of yearly SIP, the minimum instalment amount is Rs.5,000 and in multiples of Re.1 thereafter (at least four instalments).
Minimum Instalment for Systematic Withdrawal Plan Rs.500
Entry Load Nil
Exit Load 1% for redemption of units within 12 months from the date of allotment, and nil for redemptions after a year from the date of allotment

Asset Allocation for SBI Gold Fund – Regular Plan – Dividend

Instruments Allocations (Percentage of total assets) Risk Profile
Units of SBI-ETF Gold 95% to 100% Medium to High
CBLO and/or reverse repo and/or schemes that invest mainly in liquid schemes or money market instruments and/or short-term fixed deposits 0% to 5% Low to Medium

Who can Invest in SBI Gold Fund – Regular Plan – Dividend?

The following entities can make investments in SBI Gold Fund – Regular Plan – Growth:

  • Resident Indians who have attained the age of 18 years
  • Minors via their parents or legal guardians
  • Persons of Indian Origin (PIOs) or Non-Resident Indians (NRIs)
  • Partnership firms formed under the Partnership Act, 1932
  • Charitable and religious trusts, endowments and wakfs of private trusts, and private trusts with the authority to make investments in mutual funds as per their trust deeds
  • Corporate bodies, companies, public sector undertakings, bodies of individuals or association of persons, and societies that have been registered under the Societies Registration Act, 1860
  • Hindu Undivided Families via their kartas
  • Financial institutions and banks (including regional rural banks and co-operative banks)
  • Foreign Institutional Investors who have been registered with the Securities and Exchange Board of India
  • Foreign Portfolio Investors
  • Qualified Foreign Investors (QFIs)
  • Industrial and scientific research organisations
  • Air force, army, navy and other para-military funds and institutions that are eligible to invest in the scheme
  • Gratuity or pension or provident or other funds that have the permission to make investments in the scheme
  • International Multilateral Agencies with the approval of the Reserve Bank of India or the Government of India
  • A mutual fund, via its schemes, including fund of fund schemes
  • The Sponsor, the Asset Management Company, or the Trustee of their associates provided they have the permission to invest in the scheme.

NAV Disclosure and Benchmark for SBI Gold Fund – Regular Plan – Dividend

The NAV of SBI Gold Fund – Regular Plan – Dividend will be calculated on a daily basis and declared on each business day. It will be published in at least two daily newspapers as required by the Securities and Exchange Board of India Regulations. The NAV of the scheme can also be viewed on the website of the fund house as well as the website of the Association of Mutual Funds in India. The Asset Management Company is expected to disclose the Net Asset Value on the website of the Association of Mutual Funds in India by 10:00 a.m. on the subsequent business day.

The following is the formula used to compute the NAV of SBI Gold Fund – Regular Plan – Dividend:

(Fair Value or Market Value of the Scheme’s investment + Current Assets - Current Liabilities and Provisions) / Number of units outstanding under the scheme

Benchmark Index of SBI Gold Fund – Regular Plan – Dividend:

The benchmark adopted by SBI Gold Fund – Regular Plan – Dividend is the price of physical gold.

SBI Gold Fund – Regular Plan – Dividend Fund Manager

SBI Gold Fund – Regular Plan – Dividend has been managed by Raviprakash Sharma since September 2011. He has around 20 years of work experience in Indian capital markets in different capacities such as dealing in equity shares and portfolio management, etc. He also manages a number of other funds for SBI, such as SBI-ETF Gold, SBI Nifty Index Fund, SBI-ETF Nifty 50, SBI-ETF Sensex, etc.

Investment Restrictions of SBI Gold Fund – Regular Plan – Dividend

The following are some of the major investment restrictions of SBI Gold Fund – Regular Plan – Dividend:

  • The scheme is not allowed to advance loans for any purpose.
  • The scheme can only make investments in schemes of mutual funds.
  • The scheme is not allowed to make investments in any fund of funds scheme.
  • The scheme is not allowed to make investments in excess of 10% of its Net Asset Value in debt securities that consist of money market securities and non-money market securities issued by a single issuer if they are not rated by below investment grade by a credit rating agency.
  • The scheme is not allowed to make investments in unlisted securities of the sponsor’s group or associate companies.
  • The scheme is not allowed to make investments in listed securities of the sponsor’s group companies over 25% of its net assets.

Dividend Policy of SBI Gold Fund – Regular Plan – Dividend

The declaration of dividends under SBI Gold Fund – Regular Plan – Dividend is at the discretion of the trustee. However, the declaration of dividends will depend on the availability of the net distributable surplus under the scheme. The process and the way in which dividends are paid out will be in keeping with the circular sent by the Securities and Exchange Board of India.

Why you should invest in SBI Gold Fund – Regular Plan – Dividend

SBI Gold Fund – Regular Plan – Dividend can be a good investment option for those who want to create wealth over the long term. The risk associated with the fund is moderately high, which means that the potential to generate healthy returns is also quite high.

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Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.

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