Mirae Asset Gold ETF FoF Direct-IDCW
Unrated
NAV as of May 14, 2025
11.97-0.87%
(Earn upto 0.50% Extra Returns with Direct Plan)
Fund Category:
Commodities: Gold
Expense Ratio:
0.14%(0.19% Category
average)Fund Size:
Rs. 87.19 Cr(0.45% of Investment in Category)
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Mirae Asset Gold ETF FoF Direct-IDCW
Unrated
NAV as of May 14, 2025
11.97-0.87%
Expense Ratio:
0.14%
Fund Size:
Rs. 87.19 Cr
Fund Category:
Commodities: Gold
Mirae Asset Gold ETF FoF Direct-IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Mirae Asset Gold ETF FoF - Direct Plan as of May 14, 2025 is Rs 11.97 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are:. Whereas, Category returns for the same time duration are: 27.170661506575% (1yr), 16.223007311416776% (3yr) and 13.743814730929994% (5yr).
3. Fund Size: The Mirae Asset Gold ETF FoF - Direct Plan currently holds Assets under Management worth of Rs null crore as on null.
4. Expense ratio: The expense ratio of the fund is null% for Direct plan as on null.
5. Exit Load: Mirae Asset Gold ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.50%, if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
1. Current NAV: The Current Net Asset Value of the Mirae Asset Gold ETF FoF - Direct Plan as of May 14, 2025 is Rs 11.97 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are:. Whereas, Category returns for the same time duration are: 27.170661506575% (1yr), 16.223007311416776% (3yr) and 13.743814730929994% (5yr).
3. Fund Size: The Mirae Asset Gold ETF FoF - Direct Plan currently holds Assets under Management worth of Rs null crore as on null.
4. Expense ratio: The expense ratio of the fund is null% for Direct plan as on null.
5. Exit Load: Mirae Asset Gold ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.50%, if redeemed within 3 months."
6. Minimum Investment: Minimum investment required is Rs 5000 and minimum additional investment is Rs 1000. Minimum SIP investment is Rs 99.
Mirae Asset Gold ETF FoF Direct-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.91 8.37 26.00 - - - Category Avg 0.58 8.27 26.14 27.71 21.62 13.65 Rank within Category 11 14 15 - - - No. of funds within Category 37 34 34 31 21 21 - Loading...
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Return Comparison
- This Fund
- BenchmarkAxis Gold Direct-IDCW
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Mirae Asset Gold ETF FoF Direct-IDCW Fund Details
Investment Objective - The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the scheme will be achieved.
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | Oct 25, 2024 |
| Benchmark | Domestic Price of Gold |
| Return Since Launch | 19.7% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Mirae Asset Gold ETF FoF Direct-IDCW Investment Details
| Minimum Investment (Rs.) | 5,000.00 |
| Minimum Additional Investment (Rs.) | 1,000.00 |
| Minimum SIP Investment (Rs.) | 99.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 0.05%, if redeemed within 15 days. | |
Portfolio Allocation
Portfolio Allocation data not available for this fund
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Mirae Asset Gold ETF FoF Direct-IDCW 11.97 Unrated 87.19 -0.59 - - - Axis Gold Direct Plan-IDCW 30.02 1,032.79 -0.96 24.23 20.93 13.14 SBI Gold Direct Plan-IDCW 28.99 3,930.78 -0.72 24.62 21.15 13.21 Invesco India Gold ETF FoF Direct-IDCW 27.75 155.48 -1.41 24.06 20.70 13.30 Aditya Birla Sun Life Gold Fund Direct-IDCW 28.51 601.26 -0.76 25.81 20.92 13.37
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
Mirae Asset Mutual Fund News
- These 10 mutual funds had largest positions in companies listed on NSE in March
- NFO Alert: Mirae Asset Mutual Fund launches Nifty50 Equal Weight ETF
- Mirae Asset Mutual Fund: HDFC Bank and ITC among top 10 stock holdings in March
- 121 equity mutual funds gave double-digit returns in FY25. Do you own any?
Fund Manager
- R.P.Ritesh PatelSince Oct 20244 schemes
- A.U.Akshay UdeshiSince Oct 20247 schemes
Mr. Ghosh is a Commerce Graduate and holds a Degree in CS and LLB. Prior to this assignment, he was Assistant Company Secretary with JM Financial Asset Management Pvt. Ltd. He has also been associated with organizations like Hindustan Composites Ltd, Tower Capital & Securities Pvt. Ltd and Multi-Arc India Ltd.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty LargeMidcap 250 Index Fund Direct-IDCW Large & MidCap 9.93 Unrated 18.19 - Mirae Asset Nifty Total Market Index Fund Direct-IDCW Flexi Cap 9.94 Unrated 39.35 - Mirae Asset Nifty 50 Index Fund Direct-IDCW Large Cap 10.13 Unrated 27.74 - Mirae Asset Multi Asset Allocation Fund Direct - IDCW Multi Asset Allocation 12.03 Unrated 1,910.56 15.65 Mr. Udeshi has done B.E (Electronics) and MBA (Finance) Prior to joining Mirae Asset Mutual Fund, he was assocaited with Reliance Retail Ltd. and L&T Financial Services
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Mirae Asset Nifty India Manufacturing ETF FoF Direct - IDCW Thematic 17.73 Unrated 108.02 5.93 Mirae Asset Nifty 200 Alpha 30 ETF FoF Direct-IDCW Large & MidCap 8.46 Unrated 187.83 - Mirae Asset Nifty MidSmallcap400 Momentum Quality 100 ETF FoF Direct - IDCW Mid Cap 9.76 Unrated 215.95 - Mirae Asset Nifty Smallcap 250 Momentum Quality 100 ETF FoF Direct - IDCW Small Cap 9.73 Unrated 185.13 -4.39 Mirae Asset BSE Select IPO ETF FoF Direct - IDCW Thematic 11.36 Unrated 8.34 - Mirae Asset Nifty India New Age Consumption ETF FoF Direct-IDCW Thematic-Consumption 9.22 Unrated 12.94 - Mirae Asset Nifty 100 ESG Sector Leaders FoF Direct-IDCW Thematic-ESG 18.47 Unrated 99.14 11.49
More Mirae Asset Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Mirae Asset Large Cap Fund Direct- Growth | 37,845.29 | -4.06 | -10.53 | -10.93 | 4.03 | 11.63 | |
| Mirae Asset Large & Midcap Fund Direct-Growth | 36,514.01 | -4.79 | -14.76 | -15.28 | -0.50 | 13.38 | |
| Mirae Asset ELSS Tax Saver Fund Direct-Growth | 24,007.47 | -4.42 | -13.16 | -12.94 | 3.34 | 14.41 | |
| Mirae Asset Midcap Fund Direct - Growth | 15,460.84 | -6.48 | -18.00 | -19.08 | -1.47 | 16.29 | |
| Mirae Asset Liquid Fund Direct- Growth | 12,730.95 | 0.52 | 1.73 | 3.54 | 7.37 | 6.73 | |
| Mirae Asset Aggressive Hybrid Fund Direct-Growth | 8,685.12 | -3.28 | -8.75 | -9.15 | 4.33 | 12.54 | |
| Mirae Asset Focused Fund Direct - Growth | 7,663.56 | -5.56 | -14.10 | -12.56 | 4.11 | 8.42 | |
| Mirae Asset Great Consumer Fund Direct-Growth | 3,942.01 | -7.05 | -13.66 | -18.75 | 4.33 | 18.20 | |
| Mirae Asset Multicap Fund Direct - Growth | 3,299.81 | -4.70 | -14.45 | -13.80 | 2.30 | - | |
| Mirae Asset Arbitrage Fund Direct - Growth | 2,900.03 | 0.65 | 2.00 | 3.75 | 8.01 | 7.23 |
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About Mirae Asset Gold ETF FoF Direct-IDCW
1. Mirae Asset Gold ETF FoF - Direct Plan is Open-ended Gold Commodities scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Oct 25, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the scheme will be achieved. "
2. It is benchmarked against Domestic Price of Gold.
Tax Implications on Mirae Asset Gold ETF FoF Direct-IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Mirae Asset Gold ETF FoF - Direct Plan is Open-ended Gold Commodities scheme which belongs to Mirae Asset Mutual Fund House.
2. The fund was launched on Oct 25, 2024.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long-term capital appreciation from a portfolio investing in units of Mirae Asset Gold ETF. There is no assurance that the investment objective of the scheme will be achieved. "
2. It is benchmarked against Domestic Price of Gold.
Tax Implications on Mirae Asset Gold ETF FoF Direct-IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Mirae Asset Gold ETF FoF Direct-IDCW
- Is it safe to invest in Mirae Asset Gold ETF FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Mirae Asset Gold ETF FoF - Direct Plan comes under High risk category.
- What is the category of Mirae Asset Gold ETF FoF - Direct Plan?Mirae Asset Gold ETF FoF - Direct Plan belongs to the Commodities : Gold category of funds.
- How Long should I Invest in Mirae Asset Gold ETF FoF - Direct Plan?The suggested investment horizon of investing into Mirae Asset Gold ETF FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Mirae Asset Gold ETF FoF - Direct Plan?The Mirae Asset Gold ETF FoF - Direct Plan is managed by Ritesh Patel (Since Oct 16, 2024) and Akshay Udeshi (Since Oct 16, 2024).
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