NIFTY 50▲24,304.35
99.00 (0.41%)
SENSEX▲79,724.12
335.06 (0.42%)
NIFTY BANK▲51,673.90
198.55 (0.39%)
TATA MOTORS▲843.45
9.40 (1.13%)
SUZLON ENERGY▲68.14
1.19 (1.78%)
TATA STEEL▲149.75
1.19 (0.80%)
INDIAN RAILWAY FINANCE CORP▲158.11
2.15 (1.38%)
TATA POWER▲445.45
5.40 (1.23%)
RAIL VIKAS NIGAM▼470.95
-0.85 (-0.18%)
RELIANCE INDUSTRIES▲1,338.65
6.60 (0.50%)
VODAFONE IDEA▲8.45
0.33 (4.06%)
ZOMATO▲248.99
7.24 (2.99%)
RELIANCE POWER▲43.03
0.30 (0.70%)
INDIAN RENEWABLE ENERGY▲211.98
1.94 (0.92%)
ADANI POWER▲597.35
4.65 (0.78%)
YES BANK▲20.71
0.31 (1.52%)
STATE BANK OF INDIA▲821.20
1.00 (0.12%)
NHPC▲84.13
1.53 (1.85%)
HDFC BANK▲1,737.30
1.60 (0.09%)
OLA ELECTRIC MOBILITY LTD▲82.84
1.96 (2.42%)
JIO FIN SERVICES LTD▲326.20
3.90 (1.21%)
INDIAN OIL CORP▲144.99
2.37 (1.66%)
BHARAT ELECTRONICS▲288.65
3.75 (1.32%)
MRF▲1,23,379.95
855.50 (0.70%)
GTL INFRA▲2.18
0.10 (4.81%)
ADANI PORT & SEZ▲1,394.40
18.45 (1.34%)
JAIPRAKASH POWER VENTURES▲18.47
0.27 (1.48%)
ITC▲490.30
1.50 (0.31%)
DSPAMC - DSPGOLDETF
GOLDETFADD
₹78.00-₹0.40 (-0.51%) TodayLast updated on 01 Nov, 2024 | 18:59 IST
DSPAMC - DSPGOLDETF Chart
Please wait...
Fund overview
About
Open ₹80.75 | Close ₹78.40 | Volume 22,734 | Avg. traded ₹78.18 |
Circuit range ₹62.49 - ₹93.74 | Day range ₹77.90 - ₹80.75 | Year range ₹59.20 - ₹80.75 | |
AUM ₹556.16 Cr | ManagersRavi Gehani | Launch Date 28 Apr 2023 |
DSPAMC - DSPGOLDETF
About DSP Gold ETF (GOLDETFADD)
- DSP Gold ETF (GOLDETFADD) is an open-ended exchange traded fund (ETF) belonging to DSP Mutual Fund house.
- The fund, focused on physical gold, was launched on April 28, 2023.
- The total Assets Under Management (AUM) of the fund is ₹461.48 crore as of June 30, 2024.
- Since April 2023, Ravi Gehani has been managing the DSP Gold ETF.
- The fund, which trades under the symbol GOLDETFADD, is listed and traded on the BSE as well as the NSE.
- The ETF units can be bought and sold directly through a demat account with a registered broker.
Investment objective and benchmark of DSP Gold ETF
- The fund’s benchmark is the domestic price of physical gold based on London Bullion Market Association (LBMA) gold daily spot fixing price.
- Taking into consideration possible tracking errors, the fund seeks to provide returns that closely replicate the performance of actual gold at local prices.
- The tracking error is 0.3%, which suggests that it deviates from its benchmark index only slightly.
- The ETF seeks to diversify portfolios and possibly improve risk-adjusted returns by taking advantage of gold’s lower correlation with other asset classes.
- The ETF gains from rising global gold prices and declining currency values. The current environment is beneficial for gold, with the dollar index declining and dovish monetary policies anticipated.
- A high risk investment instrument, the ETF is suited for individuals looking at a long term investment gold.
Asset allocation and portfolio composition
- The recommended asset allocation has been set at 95% to 100% in gold and gold-related instruments in order to achieve the fund’s investment objectives. Of the net assets, 97.43% are made up of the total amount of commodities held.
- The remaining percentage, in cash and cash equivalents, ranges from 0% to 5%.
Top holdings for DSP Gold ETF (as on June 30, 2024):
- Gold 995: 97.38%
- Gold 999: 0.05%
- TREPS / Reverse Repo Investments: 0.09%
- Cash and cash equivalents: 2.48%
As of June 28, 2024, the ETF had achieved a compound annual growth rate (CAGR) of 15.52% since its inception.
In comparison, the domestic price of physical gold has grown at a CAGR of 15.76% over the same period.
Key indicators
Tracking index Domestic Price of Physical Gold TR INR |
Expense Ratio0.48% |
Tracking error NA |
Learn more
Investment checklist: (2/6)
Liquidity
Fund size
Expense Ratio
Tracking error
Returns vs FD Rates
Entry Point
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily
Returns
Returns vs Benchmark
Compare the returns of this fund with
NIFTY 50
This ETF
Nifty 50
Please wait...
Learn more
DSPAMC - DSPGOLDETF Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 1 2024 | ₹80.75 | ₹78.00 | -0.51% |
Thu, Oct 31 2024 | ₹78.79 | ₹78.40 | -0.04% |
Wed, Oct 30 2024 | ₹79.17 | ₹78.43 | |
Tue, Oct 29 2024 | ₹77.77 | ₹77.64 | |
Mon, Oct 28 2024 | ₹77.88 | ₹77.09 | |
Fri, Oct 25 2024 | ₹77.27 | ₹76.70 | -0.54% |
Thu, Oct 24 2024 | ₹77.26 | ₹77.12 | -0.52% |
Wed, Oct 23 2024 | ₹77.95 | ₹77.52 |
Composition
More