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
About
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 | ManagersSumit 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
Tracking index Price of Gold |
Expense Ratio0.39% |
Tracking error NA |
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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
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This ETF
Nifty 50
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LIC MF - LIC Gold ETF Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Nov 22 2024 | ₹7,016.35 | ₹7,095.85 | |
Thu, Nov 21 2024 | ₹6,989.15 | ₹7,005.60 | |
Tue, Nov 19 2024 | ₹6,937.65 | ₹6,918.15 | |
Mon, Nov 18 2024 | ₹6,779.60 | ₹6,843.15 | |
Thu, Nov 14 2024 | ₹6,799.85 | ₹6,702.95 | -2.04% |
Wed, Nov 13 2024 | ₹6,870.00 | ₹6,842.60 | |
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
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Frequently asked questions
What is the LIC MF - LIC Gold ETF share price today?
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?
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?
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?
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?
The LIC MF - LIC Gold ETF Stock symbol is LICMFGOLD.
Can I buy LIC MF - LIC Gold ETF shares on Holidays?
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.