ICICI Prudential Gold ETF Investment Details and Benefits

ICICI Prudential Gold ETF is a popular choice for investors looking to add gold to their portfolio. It tracks the performance of the gold price in the international market.

The fund has a low expense ratio of 0.25% p.a., making it an attractive option for those looking to save on costs. This low expense ratio also translates to higher returns for investors.

Investors can buy and sell units of the fund through the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The fund is available in demat form, making it easy to hold and track investments.

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ICICI Prudential Gold ETF has shown positive returns in January 8 out of 14 years, with a maximum positive change of 3.77% in 2012.

In terms of annualized returns, the fund has averaged 13.42% over the past 5 years, which is relatively close to the category average of 13.40%.

Here's a breakdown of the fund's performance over different time periods:

ICICI Prudential Gold Exchange Traded Fund-IDCW has been around since August 24, 2010, making it a seasoned player in the market.

The fund's investment objective is to provide returns that track the domestic prices of Gold, derived from the London Bullion Market Association (LBMA) AM fixing prices.

Here's a snapshot of the fund's performance over the years:

As you can see, the fund's performance has been relatively consistent over the years, with a slight edge over the category average in some timeframes.

The fund's riskometer rating is High, indicating that it's a high-risk investment, but it's essential to note that Gold ETFs are generally considered a safe-haven asset and can provide a hedge against market volatility.

The fund's launch date was August 24, 2010, and since then, it has returned 9.25%.

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Let's take a closer look at the share price returns of ICICI Prudential Gold ETF. The 1-day return is a respectable 0.37%.

Over the past week, the ETF's share price has shown a slight dip, with no return recorded. The same can be said for the 1-month and 3-month returns, which are also at 0%.

If we look at the longer-term returns, the 6-month return is also 0%. This is a bit concerning, but it's essential to consider the overall market trends and economic conditions.

Here's a summary of the share price returns:

It's essential to keep in mind that past performance is not always indicative of future results, and it's crucial to do your own research and consider your investment goals before making any decisions.

The ICICI Prudential Gold ETF IDCW offers a convenient way to invest in gold, with a minimum investment requirement of ₹5,000.00. This makes it accessible to a wide range of investors.

The exit load is a flat 0%, meaning you won't incur any additional costs when you decide to withdraw your investment. This is a significant advantage for those who may need to access their funds quickly.

To invest in the ICICI Prudential Gold ETF IDCW, you'll need to meet the minimum investment requirement. This is a relatively low barrier to entry, making it easier for new investors to get started.

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The ICICI Prudential Gold ETF is an open-ended fund, launched on August 24, 2010.

The fund's investment objective is to track the performance of domestic prices of Gold derived from the London Bullion Market Association (LBMA) AM fixing prices.

The fund has a high riskometer rating, indicating a higher level of risk associated with investing in it.

Here's a quick rundown of the fund's key details:

Our fund is committed to transparency and accountability, and we're proud to say that our fees are among the lowest in the industry, ranging from 0.10% to 0.50% per annum.

We take a long-term approach to investing, with a focus on steady growth rather than short-term gains. This approach has allowed us to consistently outperform the market over the past decade.

Our investment strategy is based on a thorough analysis of market trends and economic indicators, which helps us identify opportunities for growth and mitigate risks. We also have a strong track record of managing risk, with a low volatility of just 5.2% over the past year.

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Our fund is designed to be flexible and adaptable, with the ability to adjust our investment strategy as market conditions change. This flexibility has allowed us to navigate even the most turbulent of markets with ease.

We're committed to providing our investors with regular updates and insights into our investment strategy and performance. This includes quarterly reports, annual reviews, and regular newsletters to keep you informed and up-to-date.

Gaurav Chikane is the fund manager of ICICI Prudential Gold ETF. He has been managing the fund since its inception.

The fund has an expense ratio of 0.5%, which is a relatively low cost for an ETF. This means that investors can expect to pay a small percentage of their investment as fees to the fund manager and other expenses.

Gaurav Chikane's investment objective for ICICI Prudential Gold ETF is to provide returns that closely track the performance of domestic prices of gold. The fund is designed to be a low-risk investment option for those looking to diversify their portfolio.

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Here are some key statistics about Gaurav Chikane's performance as a fund manager:

Gaurav Chikane's fund has also performed well over the long-term, with a 10-year annualized return of 9.98%. This is a testament to his expertise and ability to navigate market fluctuations.