Table of Contents
Best Gold Miners Funds 2024
The Advantage of Investing in Gold
The basic advantages of investing in gold derive from the fact that gold is a Fixed Asset and that there is strong demand globally for gold. As such, the price fluctuates in the short-term but generally rises in value over the long-term, albeit without similarity to stock prices. Gold is generally considered to be a steady value investment.
Gold is a very Liquid asset, which means you can readily convert it to cash or other investments if needed. Investors tend to run to precious metals when there is an Investing crisis because gold tends to retain its value during these times. For this reason, gold has become a diversification strategy for many investors as well.
How to invest in gold miners?
Investing in Gold mining companies is a risky business. The performance of gold mines is highly dependent on the gold price, which is often reflected disproportionately. However, the gold price is not the only Factor that drives the success of gold mining stocks. Production costs are just one further factor which influence the profit of gold miners.
Some notable gold mining ETFs in globe to track include the VanEck Vectors Gold Miners ETF (GDX), the VanEck Vectors Junior Gold Miners ETF (GDXJ), the iShares MSCI Global Gold Miners ETF (RING), the VanEck Vectors Junior Gold Miners ETF (GDXJ) and the Direxion Daily Gold Miners Bear 3X Shares (DUST). All information here was current as of Nov. 20, 2018. Although in india there are very few options to invest in Gold Miners stocks.
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DSP World Gold Fund Details
Investments Underlying BGF World Gold I2 ETF managed by blackrock.
| DSP World Gold Fund (FOF) as on March 31, 2020 | to Net Assets |
|---|---|
| BlackRock global fund - World Gold Fund (Class I2 USD Shares) | 98.41% |
| TREPS / Reverse Repo Investments / Corporate Debt Repo | 2.04% |
| Net Receivables/Payables | -0.45% |
| Total | 100% |
Top Securities Breakup
| Security as on March 31, 2020 | % to Net Assets |
|---|---|
| BARRICK GOLD CORP | 10.1% |
| NEWMONT CORPORATION | 9.5% |
| NORTHERN STAR RESOURCES LTD | 4.9% |
| WHEATON PRECIOUS METALS CORP | 4.4% |
| AGNICO EAGLE MINES LTD | 4.3% |
| POLYUS PAO | 4.2% |
| ANGLOGOLD ASHANTI LTD | 4.0% |
| FRANCO NEVADA CORP | 3.9% |
| ALAMOS GOLD INC | 3.8% |
| NEWCREST MINING LTD | 3.7% |
| Others | 44.7% |
| Cash | 2.4% |
| Total | 100% |
Sector Allocation
| Asset as on March 31, 2020 | % |
|---|---|
| Gold | 86.4% |
| Silver | 8.4% |
| Platinum Group Metals | 1.4% |
| Nickel | 0.5% |
| Diversified | 0.4% |
| Copper | 0.4% |
| TOTAL | 97.56% |
Market Cap Allocation
| Capitalization as on March 31, 2020 | % |
|---|---|
| Large (>$10bn) | 36.4% |
| Mid | 54.1% |
| Small (<$1bn) | 9.5% |
| TOTAL | 100.00% |
Below is the fund performance details.
"The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized." DSP BlackRock World Gold Fund is a Equity - Global fund was launched on 14 Sep 07. It is a fund with High risk and has given a Below is the key information for DSP BlackRock World Gold Fund Returns up to 1 year are on 1. DSP BlackRock World Gold Fund
CAGR/Annualized return of 4.3% since its launch. Ranked 11 in Global category. Return for 2023 was 7% , 2022 was -7.7% and 2021 was -9% . DSP BlackRock World Gold Fund
Growth Launch Date 14 Sep 07 NAV (18 Dec 24) ₹20.6293 ↓ -0.08 (-0.39 %) Net Assets (Cr) ₹1,045 on 30 Nov 24 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.35 Sharpe Ratio 0.71 Information Ratio -0.52 Alpha Ratio 2.6 Min Investment 1,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 19 ₹10,000 30 Nov 20 ₹13,362 30 Nov 21 ₹13,233 30 Nov 22 ₹11,570 30 Nov 23 ₹12,826 30 Nov 24 ₹16,068 Returns for DSP BlackRock World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 18 Dec 24 Duration Returns 1 Month -2.6% 3 Month -7.5% 6 Month 11.4% 1 Year 20.6% 3 Year 5.9% 5 Year 9% 10 Year 15 Year Since launch 4.3% Historical performance (Yearly) on absolute basis
Year Returns 2023 7% 2022 -7.7% 2021 -9% 2020 31.4% 2019 35.1% 2018 -10.7% 2017 -4% 2016 52.7% 2015 -18.5% 2014 -3% Fund Manager information for DSP BlackRock World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 11.76 Yr. Data below for DSP BlackRock World Gold Fund as on 30 Nov 24
Equity Sector Allocation
Sector Value Basic Materials 92.73% Asset Allocation
Asset Class Value Cash 3.5% Equity 92.86% Debt 0.02% Other 3.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -81% ₹908 Cr 2,065,328
↑ 19,550 VanEck Gold Miners ETF
- | GDX17% ₹195 Cr 573,719 Treps / Reverse Repo Investments
CBLO/Reverse Repo | -2% ₹24 Cr Net Receivables/Payables
Net Current Assets | -1% -₹7 Cr
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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