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LIC MF - LIC Gold ETF

LICMFGOLD

₹7,100.00+₹94.40 (1.35%) TodayLast updated on 22 Nov, 2024 | 15:29 IST

LIC MF - LIC Gold ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹7,016.35
Close
₹7,005.60
Volume
413
Avg. traded
₹7,074.02
Circuit range
₹5,579.60 - ₹8,369.40
Day range
₹7,016.05 - ₹7,144.00
Year range
₹5,552.70 - ₹7,585.95
AUM
₹172.34 Cr

Managers

Sumit Bhatnagar
Launch Date
16 Nov 2011
LIC MF - LIC Gold ETF

About LIC MF GOLD ETF

  • The LIC MF Gold ETF is an exchange-traded fund focusing on investment in gold. The ETF is managed by an LIC Mutual Fund house.
  • The LIC MF ETF was launched on August 14, 2012.
  • The scheme’s assets under management stood at ₹54.4 crore as of July 31, 2024.
  • Sumit Bhatnagar is the fund manager of the LIC MF ETF.
  • The ETF is traded on both BSE and NSE like a stock, which provides liquidity and flexibility for investors.
  • It can be bought and sold during market hours at prevailing market prices through a demat account.

Investment Objective & Benchmark

  • The LIC MF Gold ETF is designed to deliver returns that closely mirror the performance of physical gold in the domestic market.
  • This ETF is benchmarked against the daily spot price of gold in the domestic market, which reflects the current trading value of gold.
  • This means that the ETF's performance is intended to align with the price changes of gold as set by this daily spot-fixing.
  • For investors looking to benefit from gold's long-term performance, the LIC MF Gold ETF offers a convenient investment option.
  • LIC MF Gold ETF has a high-risk level profile.
  • The ETF allows investment in gold without the need to buy and store physical gold.
  • Investors can trade this ETF on stock exchanges, which provides both liquidity and ease of access.
  • Gold often behaves differently from other asset classes, such as stocks and bonds, providing additional stability and balance to your overall investment strategy.
  • Gold is generally considered a valuable asset for hedging against inflation and economic uncertainty.

Asset allocation & portfolio composition

  • The fund allocation of the ETF consists of 98.75% in gold and 1.25% in cash and cash assets.
  • The holding in LIC MF Gold ETF majorly consists of gold around 98.75%.
  • Since its inception, the ETF has given an annualised return of 6.27%, as of July 31, 2024.
  • In a single year, the LIC MF Gold ETF has given a return of 15.36% compared to its benchmarked returns of 15.88% as of July 31, 2024.

Key indicators

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Tracking index
Price of Gold

Expense Ratio

0.39%
Tracking error
NA

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Investment checklist: (2/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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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
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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LIC MF - LIC Gold ETF Shareholder returns

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1 day
+1.29%
1 week
+3.70%
1 month
-0.45%
3 months
+8.54%
1 year
+26.04%
3 years
+57.81%
5 years
+103.14%

LIC MF - LIC Gold ETF Price history

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DayOpenCloseChange %
Fri, Nov 22 2024
₹7,016.35
₹7,095.85
+1.29%
Thu, Nov 21 2024
₹6,989.15
₹7,005.60
+1.26%
Tue, Nov 19 2024
₹6,937.65
₹6,918.15
+1.10%
Mon, Nov 18 2024
₹6,779.60
₹6,843.15
+2.09%
Thu, Nov 14 2024
₹6,799.85
₹6,702.95
-2.04%
Wed, Nov 13 2024
₹6,870.00
₹6,842.60
+0.50%
Tue, Nov 12 2024
₹6,971.95
₹6,808.60
-2.60%
Mon, Nov 11 2024
₹7,050.95
₹6,990.45
-0.41%

Composition

Frequently asked questions

What is the LIC MF - LIC Gold ETF share price today?

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LIC MF - LIC Gold ETF share price is ₹ 7,100.00 today.

What is today’s high & low share price of LIC MF - LIC Gold ETF?

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LIC MF - LIC Gold ETF share price high: ₹ 7,144.00 and low: ₹ 7,016.05

What is Assets Under Management (AUM) of LIC MF - LIC Gold ETF shares today on the NSE?

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LIC MF - LIC Gold ETF Assets Under Management (AUM) of ₹ 172.34 Crores.

What is the LIC MF - LIC Gold ETF share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 7,585.95 and Low Price is ₹ 5,552.70

What is the LIC MF - LIC Gold ETF Stock Symbol?

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The LIC MF - LIC Gold ETF Stock symbol is LICMFGOLD.

Can I buy LIC MF - LIC Gold ETF shares on Holidays?

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No, shares of LIC MF - LIC Gold ETF or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell LIC MF - LIC Gold ETF shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.