(As of 30 Apr, 2019)
The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS).
(since 12 Sep, 2011)
(If redeemed within 365 days)
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
SBI ETF Gold
Gold Funds provide an easy way to invest in gold as an asset class without having to hold it as a physical commodity. Gold funds invest in different types of gold, be it in the form of gold ETFs (Exchange Traded Funds) or in the stocks of gold mining companies. The best part about these funds is that apart from the absence of chances of theft, investing in gold funds means that you get pure gold at relatively lower prices and can sell theunits at the then market linked prices.
This fund is rated 0 stars by Morning Star Ratings.
With 30 years of rich experience in fund management, we at SBI Mutual Fund, bring forward our expertise by consistently delivering value to our investors. SBI Mutual Fund has a strong and proud lineage tailing back to the State Bank of India (SBI) - India's largest bank. SBI Mutual Fund is a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies.
SBI Mutual Fund’s vision -“To be the most trusted and respected Asset Manager”, and we deliver value and nurture the trust of our vast and varied family of investors, with our network of over 222 acceptance points across India. Investors are our priority. SBI Mutual Fund’s mission is to establish Mutual Funds as a viable investment option to the masses in the country. While on our way towards achieving it, we, at SBI Mutual Fund, have developed innovative, need-specific products and educated the investors about the added benefits of investing in capital markets via Mutual Funds. Today, SBI Mutual Fund has been actively managing investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.