Invest in Gold ETF Fund of Fund: Returns and Scheme Details

DSP Gold ETF Fund of Fund

Total AUM

₹98.9 crores
as of Jun 30, 2025

Age of Fund

1 years 8 months since Nov 17, 2023

Expense Ratio

1.01%
as of Aug 01, 2025

Exit Load

Nil

Ideal holding period

10 Years+

Portfolio as of Jun 30, 2025

Commodities 99.7%
Debt 0.3%

Indian (0.3%)

Credit rating profile	Weight %
Cash & Equivalent	100.0 %

Instrument break-up	Weight %
TREPS	100.0 %

Holdings	Weight %
TREPS / Reverse Repo Investments	0.5 %
Cash & cash equivalents	-0.2 %
	0.3 %

Holdings	Weight %
DSP Gold ETF	99.7 %
	99.7 %

Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:

MedianCAGR:

Max CAGR:

Good Returns

Negative Returns

vs Category

vs Benchmark

Historical Returns (As per SEBI format)as of with investment of₹10,000

	This fund		Domestic Price of Physical Gol… ^{^}		NIFTY 50 TRI ^#
	CAGR	Current Value	CAGR	Current Value	CAGR	Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date	Face Value	IDCW per unit	NAV Before	NAV After

Chart type

Graph viewTable view

Invested as

Invested Amount

₹

Invested since

This fund

Domestic Price of Phys…

NIFTY 50 TRI

Gold

PPF

	Funds	Annual returns	Current Value	Absolute Growth	IDCW paid

Chart type:

Returns RangesStatistics

Invested Amount

₹

Invested period

Funds	Minimum	Median	Maximum	% times -ve returns	% times returns > 7%

Date of allotment: Nov 17, 2023.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Regular Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

Pursuant to payments of Income Distribution cum Capital Withdrawal, the NAV of the IDCW option(s) of Schemes would fall to the extent of payout, and statutory levy, if any.

^ Fund Benchmark # Additional Benchmark

Scheme disclaimers

Fund Details

Things to know before you invest

What is in DSP Gold ETF Fund of Fund?

DSP Gold ETF FoF invests in DSP Gold ETF which in turn invests in physical gold. Thus, investment in gold ETF FoF gives you exposure to physical gold of highest purity.

Why should one invest in DSP Gold ETF Fund of Fund?

Due to low correlation with other asset classes, Gold diversifies and aims to hedge your portfolio against inflation and other economic uncertainities.
Gold as an investment has delivered ~12%1 CAGR (in INR) over the past 20 years as of 30th September 2023.
You can buy gold by investing as little as Rs. 100 in the Fund of Fund (FoF) format, without the need for a demat account.
You can be assured that each unit of DSP Gold ETF FoF invests in units of DSP Gold ETF which is backed by physical Gold of guaranteed high purity.
There is a possibility of you benefitting from currency depreciation (especially the US dollar), coupled with relatively strong domestic demand and fundamentals.

Who should invest in DSP Gold ETF Fund of Fund?

Consider this fund if you
- Are considering buying physical Gold as an investment.
- Value low-cost investing ideas.
- Are an experienced Indian investor with a well-set core portfolio of equities/bonds, looking to diversify no more than 5-10% of your portfolio into commodities.
- Have the sectoral understanding to 'extract value' from changing commodity sector cycles.
- Value diversification & want to hedge your bets.

Rethink before you invest

Expect short term return fluctuations.
Investing in DSP Gold ETF FoF is a high-risk strategy and is suitable for investor looking for prudent asset allocation.

Fund managers:

Anil Ghelani, CFA

Total work experience of 27 years. Managing Since November 2023

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Total work experience of 27 years. Managing Since November 2023

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Diipesh Shah

Total work experience of 23 years. Managing Since November 2023

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Total work experience of 23 years. Managing Since November 2023

arrow_forwardSee funds managed by him

Anil has been working with DSP Group since 2003. The DSP Group has a legacy of more than 160 years, making it one of the oldest and most respected financial services firms in India. He is currently Head of Passive Investments & Products, managing a range of ETFs and Index Funds across asset classes. Previously, he served as the CEO & Chief Investment Officer at DSP Pension Fund Managers. Earlier in his career at DSP, he led the Risk and Quantitative Analysis team providing quantitative research inputs and buy-side credit research on companies across various sectors.
Prior to joining DSP, Anil worked at IL&FS Asset Management Company and at S.R. Batliboi a member firm of EY.
Anil has been a volunteer with the CFA Society India for more than a decade and has served as the Vice Chairman on the board.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Diipesh has a total work experience of Over 20 years. He is working with DSP from September 2019 as a Dealer for ETF and Passive Investments. Now he is also Fund Manager of various schemes of DSP Mutual Fund. Diipesh has also worked with JM Financial Institutional Broking Limited, Centrum Boking Limited, IDFC Securities Limited and Kotak Securities Limited as Institutional Equity Sales Trading. He is a Chartered Accountant (ICAI India) and also holds a Bachelor of Commerce Degree.

Sr. No.	Scheme Name	Managing since	Period
Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement Different plans shall have a different expense structure. The performance details provided herein are of regular plan. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Sr. No.

Scheme Name

Managing since

Period

1 Years

3 Years

5 Years

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Scheme return (%)

Benchmark return (%)

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of regular plan.

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Investment Objective

The investment objective of the scheme is to seek to generate returns by investing in units of DSP Gold ETF.
There is no assurance that the investment objective of the Scheme will be achieved.

Fund Type

Domestic Fund of Fund

Commodity

An open ended fund of fund scheme investing in DSP Gold ETF

Riskometer

Level of Risk in the fund

View details

Minimum Investment

Lumpsum ₹ 100
SIP ₹ 100 (12 instalments)
Additional purchase ₹ 100

Tax Implications (Applies to redemptions or transfers made on or after April 1, 2025)

Taxation category - Non Equity Oriented Fund (other than Specified Mutual Fund) Sub Category - Gold Fund of Fund

Holding period	Capital gain type	Applicable tax rate
More than 24 months	Long term	12.5 %
24 months or less	Short term	Applicable Rate

Mutual fund taxation is based on the fund’s taxation category, sub-category, and holding period. The applicable tax rates are subject to prevailing tax laws, including surcharges, cess, and exemptions. Please consult a tax advisor for personalized guidance. View detailed tax guide