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LIC MF - LIC Gold ETF

LICMFGOLD

₹6,999.90-₹19.40 (-0.28%) TodayLast updated on 11 Nov, 2024 | 15:23 IST

LIC MF - LIC Gold ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹7,050.95
Close
₹7,019.30
Volume
461
Avg. traded
₹6,996.62
Circuit range
₹5,588.80 - ₹8,383.10
Day range
₹6,981.10 - ₹7,050.95
Year range
₹5,451.00 - ₹7,585.95
AUM
₹150.52 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
+0.72%
1 week
-2.05%
1 month
+1.97%
3 months
+11.40%
1 year
+27.19%
3 years
+59.74%
5 years
+101.94%

LIC MF - LIC Gold ETF Price history

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DayOpenCloseChange %
Fri, Nov 8 2024
₹7,039.75
₹7,019.30
+0.72%
Thu, Nov 7 2024
₹7,090.95
₹6,969.40
-2.13%
Wed, Nov 6 2024
₹7,150.05
₹7,120.75
-0.19%
Tue, Nov 5 2024
₹7,138.85
₹7,134.20
-0.07%
Mon, Nov 4 2024
₹7,221.95
₹7,138.85
-0.38%
Fri, Nov 1 2024
₹7,279.95
₹7,166.25
-1.21%
Thu, Oct 31 2024
₹7,319.90
₹7,254.30
-0.94%
Wed, Oct 30 2024
₹7,276.75
₹7,323.15
+1.65%

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 ₹ 6,999.90 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: ₹ 7,050.95 and low: ₹ 6,981.10

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 ₹ 150.52 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 ₹ 5,451.00

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.