Nippon India ETF Gold BeES (₹ 61.44) - NAV, Reviews & asset allocation (2024)

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Nippon India ETF Gold BeES

Unrated

Nippon India ETF Gold BeES Fund Details

Investment Objective - The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors.

Nippon India ETF Gold BeES Investment Details

• Cumulative Returns

• SIP returns

• Discrete Returns

• Quant Measures

• Asset Allocation

• Scheme Name	NAV(Rs./Unit)	Scheme Rating	AUM(Rs. Cr)	1M	1Y	3Y	5Y
  Nippon India ETF Gold BeES	61.44	Unrated	12,737.07	3.59	23.01	14.63	12.33
  Axis Gold Fund Regular-IDCW	21.81		555.96	3.51	22.78	14.61	13.12
  SBI Gold Fund-IDCW	21.83		2,027.77	3.85	23.77	14.68	13.06
  ICICI Prudential Regular Gold Savings Fund (FOF)-IDCW	23.07		1,067.06	3.73	23.47	14.49	12.84
  Invesco India Gold ETF FoF-IDCW	21.10		77.35	3.47	22.54	14.42	12.89

• Standard Deviation

  Standard Deviation

  Standard deviation is the deviation of the fund's return around mean.

  High Volatality

  11.05VS10.97

  Fund Vs Category Avg

• Beta

  Beta

  Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.

  High Volatality

  0.99VS0.97

  Fund Vs Category Avg

• Sharpe Ratio

  Sharpe Ratio

  Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.

  Poor risk-adjusted returns

  0.72VS0.74

  Fund Vs Category Avg

• Treynor's Ratio

  Treynor's Ratio

  Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.

  Poor risk-adjusted returns

  8.12VS8.36

  Fund Vs Category Avg

• Jensen's Alpha

  Jensen's Alpha

  Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.

  Poor risk-adjusted returns

  -0.88VS-0.63

  Fund Vs Category Avg

• Mean Return

  Mean Return

  Average return generated by the fund during a specified period.

  Poor average monthly returns

  13.64VS13.70

  Fund Vs Category Avg

Risk Ratio Chart

• SIP Calculator

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About Nippon India ETF Gold BeES
1. Nippon India ETF Gold BeES is Open-ended Gold Commodities scheme which belongs to Nippon India Mutual Fund House.
2. The fund was launched on Mar 08, 2007.

Investment objective & Benchmark
1. The investment objective of the fund is that " The fund aims to provide returns that closely correspond to the return provided by the price of gold through investment in physical gold. The reason for performance variance of the scheme from that of domestic price of gold may be due to expense and other related factors. "
2. It is benchmarked against Domestic Price of Gold.

Tax Implications on Nippon India ETF Gold BeES
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.