Latest News
-
Rs 17.50/Share Dividend: Tata Mid Cap To Consider Dividend On April 29, LIC Stake 9.88% -
Upcoming Adani Stock Dividend: Midcap Cement Stock To Declare Dividend, Q4 Next Week; BUY For Rs 3,225 -
Elon Musk Postpones India Trip, Tesla's Indian Market Entry Delayed -
HDFC Bank Q4 Results: Net Profit Rises 37% To Rs 16,512 Cr; Rs 19.5 Dividend Declared -
Gold Prices: 10-Gram 24-Carat Rises Rs 8,010 Before Falling; Chennai Gold Price At Rs 75,110 -
Defence Stock Set To Become Cheaper, 1:5 Split Approved: Shares Zoom 406% In 1-Yr -
Indian Railways Announces Historic Increase in Summer Train Trips -
62-Yrs Old Fertilizers PSU Set To Recommend Dividend Rewards, Rises 78% In 1-Yr; Yield 4.49% -
Want To Be Debt Free? 5 Simple Ways To Repay Your Loan Faster -
1:2 Stock Split, Dividend 100%, Net Soars 52.56%: Engineering Stock Soars 1576% In 3-Yrs
3 Top Rated Gold Fund With Highest 1 Year Returns, Rated By Value Research
Inflation reduces the purchasing power of money. If you overlook inflation, you may fall short of your objectives despite your best efforts. However, you can mitigate the impact of inflation by investing in assets that perform well during periods of high inflation.
Gold acts as a hedge against growing inflation. Gold can deliver superior returns when inflation is strong. Gold returns may not constantly outperform inflation, but they will always follow it.
It's a good opportunity to add some top-rated gold funds to your portfolio among the mutual funds. These 3 gold funds are top-rated and have given the highest SIP returns in 1 year investment period. The benchmark of these funds is the Domestic Price of Gold.
Kotak Gold Fund - Direct Plan
This Gold Fund was launched by the Kotak Mahindra Mutual Fund. The fund has been rated 5-star by the Value research. According to Value Research, the fund has been worth Rs 1,296 Crore of Asset Under Management as of 30 April 2022. The expense ratio of the fund is 0.18%. The fund is rated moderately risk.
Over the last 3 years, the fund has generated 4.95% and 15.93% annualised returns, in 1 and 3 years, respectively. Since its launch, it has delivered 4.56% annual average returns. One can start investing in this fund via SIP or the lump-sum payment. SIP in this fund starts with Rs 1,000, whereas, for Lump-sum investment, it starts with Rs 5,000.
The fund has performed better than its benchmark in 1 year, whereas, in 3 years it falls behind the benchmark. The fund is good for short term investment. Also, it has performed better than other peer funds in the category in short term. However, in long term, the fund lack returns compared to the benchmark.
| YTD | 1-Y | 3-Y | 5-Y | 7-Y |
|---|---|---|---|---|
| 6.13% | 4.95% | 15.93% | 11.52% | 9.07% |
Axis Gold Fund - Direct Plan
This is the second-best performing gold fund rated 5-star in the category rated by Value Research. The fund is from the Axis Mutual Fund. The fund has Rs 266 crore of Asset Under Management as on 30 April 2022, according to the Value Research. The expense ratio of the fund is 0.17%, higher than the category average expense ratio. It is rated a high-risk gold fund.
The fund has performed better in terms of annualised returns compared to the benchmark in 1 year. The fund has delivered 4.63% and 16.18% annualised returns in 1 and 2 years, respectively. While coming to average annual returns, it has given 4.30%. SIP in this fund started with the minimum required amount of Rs 1,000, while lump-sum investment, starts with Rs 5,000.
As mentioned, the fund has given better than the benchmark in 1-year investment. Similar to the other fund in the category, it is also a good fund for short term investment. Data suggests the fund has performed good over the year, however, in terms of returns compared to the benchmark, its performed good in short term investment.
| YTD | 1-Y | 3-Y | 5-Y | 7-Y |
|---|---|---|---|---|
| 6.68 | 4.63 | 16.18 | 11.39 | 8.53 |
HDFC Gold Fund - Direct Plan
This is another gold fund, rated 4-star by Value Research, given the 3rd highest returns on 1-year investment. As of 30 April 2022, the fund had Rs 1,367 crore in assets under management, according to Value Research. The fund's expense ratio is 0.15%, the least among the 3, however, it is still higher than the category average. The fund has a high-risk rating.
In one and three years, the fund has generated annualised returns of 4.20% and 15.85%, respectively. Since its inception, it has given 4.47%averaged annual returns. SIP or lump-sum payments can be used to begin investing in this fund, however, both option comes with a minimum investment requirement. SIP investments in this fund begin at Rs 500, while lump-sum investments begin at Rs 5,000.
In one year, the fund outperformed its benchmark, but in three years, it has fallen behind it. The fund is suitable for making short-term investments. However, in the long run, the fund underperforms the benchmark. The data suggests that the fund has fared well over the last year; but, when compared to the benchmark, it lacks behind the other two funds.
| YTD | 1-Y | 3-Y | 5-Y | 7-Y |
|---|---|---|---|---|
| 6.62% | 4.20% | 15.85% | 11.33% | 8.71% |
Disclaimer
Gold Fund investments are subject to Domestic Gold Price and market risk. Read all scheme related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.
