Mirae Asset Gold ETF FoF Regular-Growth
Unrated
NAV as of Jan 14, 2025
10.09-0.07%
- Growth - Regular
(Earn upto 0.56% Extra Returns with Direct Plan)
Fund Category:
Commodities: Gold
Expense Ratio:
0.69%(0.52% Category
average)Fund Size:
Rs. 23.43 Cr(0.10% of Investment in Category)
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Mirae Asset Gold ETF FoF Regular-Growth
Unrated
NAV as of Jan 14, 2025
10.09-0.07%
Expense Ratio:
0.69%
Fund Size:
Rs. 23.43 Cr
Fund Category:
Commodities: Gold
Mirae Asset Gold ETF FoF Regular-Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Mirae Asset Gold ETF FoF - Regular Plan as of Jan 14, 2025 is Rs 10.09 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are:. Whereas, Category returns for the same time duration are: 27.170661506575% (1yr), 16.223007311416776% (3yr) and 13.743814730929994% (5yr).
3. Fund Size: The Mirae Asset Gold ETF FoF - Regular Plan currently holds Assets under Management worth of Rs null crore as on null.
4. Expense ratio: The expense ratio of the fund is null% for Regular plan as on null.
5. Exit Load: Mirae Asset Gold ETF FoF - Regular Plan shall attract an Exit Load, "Exit load of 0.50%, if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
1. Current NAV: The Current Net Asset Value of the Mirae Asset Gold ETF FoF - Regular Plan as of Jan 14, 2025 is Rs 10.09 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are:. Whereas, Category returns for the same time duration are: 27.170661506575% (1yr), 16.223007311416776% (3yr) and 13.743814730929994% (5yr).
3. Fund Size: The Mirae Asset Gold ETF FoF - Regular Plan currently holds Assets under Management worth of Rs null crore as on null.
4. Expense ratio: The expense ratio of the fund is null% for Regular plan as on null.
5. Exit Load: Mirae Asset Gold ETF FoF - Regular Plan shall attract an Exit Load, "Exit load of 0.50%, if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset Gold ETF FoF Regular-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 2.17 - - - - - Category Avg 1.91 3.63 6.43 24.21 16.66 13.48 Rank within Category 11 - - - - - No. of funds within Category 34 31 31 29 21 21 - Loading...
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Return Comparison
- This Fund
- BenchmarkAxis Gold Reg-G
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- S&P BSE Sensex
- Nifty 50
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- 3M
- 6M
- 1Y
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Mirae Asset Gold ETF FoF Regular-Growth Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the scheme will be achieved.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Oct 25, 2024 |
| Benchmark | Domestic Price of Gold |
| Return Since Launch | 0.94% |
| Riskometer | High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Mirae Asset Gold ETF FoF Regular-Growth Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 0.05%, if redeemed within 15 days. | |
Portfolio Allocation
Portfolio Allocation data not available for this fund
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Gold ETF FoF Regular-Growth 10.09 Unrated 23.43 2.10 - - - Axis Gold Fund Regular-Growth 23.32 706.42 2.25 24.16 16.59 13.69 UTI Gold ETF FoF Regular - Growth 15.14 150.56 1.93 24.14 - - SBI Gold Fund-Growth 23.32 2,583.37 2.22 24.22 16.52 13.43 HDFC Gold Fund-Growth 23.83 2,765.21 2.09 23.88 16.30 13.46
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Mirae Asset Mutual Fund News
Fund Manager
- R.P.Ritesh PatelSince Oct 20241 schemes
- A.U.Akshay UdeshiSince Oct 20247 schemes
Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB. Prior to this assignment, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Multi Asset Allocation Fund Regular - Growth Multi Asset Allocation 11.06 Unrated 1,782.03 - Mr. Udeshi has done B.E (Electronics) and MBA (Finance) Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty PSU Bank ETF-Growth Sectoral-Banking 61.40 Unrated 43.96 - Mirae Asset Nifty Metal ETF-Growth Thematic 8.28 Unrated 30.89 - Mirae Asset Nifty EV and New Age Automotive ETF-Growth Thematic 28.70 Unrated 165.30 - Mirae Asset Silver ETF - Growth Silver 88.56 Unrated 88.65 24.39 Mirae Asset Gold ETF - Growth Gold 76.72 Unrated 457.69 24.11 Mirae Asset Nifty 100 ESG Sector Leaders FoF Regular - Growth Thematic-ESG 16.96 Unrated 98.26 6.12 Mirae Asset Nifty 100 ESG Sector Leaders ETF - Growth Thematic-ESG 38.83 Unrated 121.36 6.51
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund Regular- Growth | 39,554.76 | -1.48 | -7.14 | 0.23 | 13.13 | 10.80 | |
| Mirae Asset Large & Midcap Fund Regular-Growth | 38,680.34 | -1.01 | -7.04 | -0.93 | 15.58 | 13.86 | |
| Mirae Asset ELSS Tax Saver Fund Regular-Growth | 25,315.16 | -1.09 | -6.16 | 0.99 | 17.20 | 14.35 | |
| Mirae Asset Midcap Fund Regular - Growth | 16,695.39 | -0.04 | -6.75 | 0.11 | 19.09 | 19.08 | |
| Mirae Asset Liquid Fund - Growth | 15,672.78 | 0.59 | 1.75 | 3.55 | 7.35 | 6.39 | |
| Mirae Asset Aggressive Hybrid Fund Regular-Growth | 9,054.40 | -1.15 | -5.47 | 1.08 | 13.84 | 11.55 | |
| Mirae Asset Focused Fund Regular - Growth | 8,286.63 | -0.14 | -3.80 | 6.82 | 16.59 | 8.43 | |
| Mirae Asset Great Consumer Fund Regular-Growth | 4,156.07 | -0.08 | -10.49 | 2.59 | 18.11 | 18.88 | |
| Mirae Asset Nifty 50 ETF - Growth | 3,953.30 | -1.61 | -7.82 | -1.24 | 10.39 | 12.23 | |
| Mirae Asset Multicap Fund Regular - Growth | 3,437.28 | -0.78 | -5.33 | 0.58 | 16.94 | - |
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About Mirae Asset Gold ETF FoF Regular-Growth
1. Mirae Asset Gold ETF FoF - Regular Plan is Open-ended Gold Commodities scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Oct 25, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the scheme will be achieved. "
2. It is benchmarked against Domestic Price of Gold.
Tax Implications on Mirae Asset Gold ETF FoF Regular-Growth
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.
1. Mirae Asset Gold ETF FoF - Regular Plan is Open-ended Gold Commodities scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Oct 25, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the scheme will be achieved. "
2. It is benchmarked against Domestic Price of Gold.
Tax Implications on Mirae Asset Gold ETF FoF Regular-Growth
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.
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FAQs about Mirae Asset Gold ETF FoF Regular-Growth
- Is it safe to invest in Mirae Asset Gold ETF FoF - Regular Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Gold ETF FoF - Regular Plan comes under High risk category.
- What is the category of Mirae Asset Gold ETF FoF - Regular Plan?Mirae Asset Gold ETF FoF - Regular Plan belongs to the Commodities : Gold category of funds.
- How Long should I Invest in Mirae Asset Gold ETF FoF - Regular Plan?The suggested investment horizon of investing into Mirae Asset Gold ETF FoF - Regular Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Gold ETF FoF - Regular Plan?The Mirae Asset Gold ETF FoF - Regular Plan is managed by Ritesh Patel (Since Oct 16, 2024) and Akshay Udeshi (Since Oct 16, 2024).
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