Nippon India Gold Savings Fund
The scheme seeks to provide returns that closely correspond to returns provided by R*Shares Gold BeES.
Growthvine rating: 3/5 — ranked #9 of 23 in category.
Fund basics
| Category | Commodity: Gold |
|---|---|
| NAV | ₹60.39 (as of 2026-08-21) |
| AUM | ₹6,854 Cr |
| Expense ratio | 0.21% |
| Riskometer | Moderately High |
| Fund manager | Himanshu Mange |
| Exit load | 1% for redemption within 15 days |
Performance & risk
| 5-year annualised return | 22.62% |
|---|---|
| Sharpe ratio | 1.22 |
| Standard deviation | 19.59% |
| Max drawdown | -27.40% |
| Alpha | -1.21 |
| Beta | 0.98 |
Market cap allocation
Concentration
Top holdings
- Nippon India ETF Gold Bees — 100.0%
- Triparty Repo — 0.2%
- Net Current Assets — -0.2%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 19.0% | — | — |
| 2025 | 71.2% | — | — |
| 2024 | 19.0% | — | — |
| 2023 | 14.3% | — | — |
| 2022 | 12.3% | — | — |