Gold BeES, short for Gold Benchmark Exchange Traded Schemes, are open-ended Exchange-Traded Funds (ETFs) designed to mirror the price movements of physical gold. Each unit of Gold BeES represents 0.01 gram of gold, backed by physical gold bullions with a purity of 99.5%.
Key Features:
- Liquidity: Gold BeES are listed on major stock exchanges like the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), allowing investors to buy and sell units during trading hours at prevailing market prices.
- Cost-Effectiveness: Investing in Gold BeES eliminates expenses associated with physical gold, such as making charges, storage fees, and insurance costs.
- Fractional Ownership: With each unit representing 0.01 gram of gold, investors can start with a minimal investment, making it accessible to a broader range of investors.
- Transparency: The price of Gold BeES is publicly available on stock exchanges, reflecting the current market value of gold, which ensures transparency in transactions.
Performance:
The investment objective of Nippon India ETF Gold BeES is to provide returns that closely correspond to the returns provided by the domestic price of gold through physical gold. As of December 10, 2024, the Net Asset Value (NAV) was ₹64.6394.
How to Invest:
Investors can purchase Gold BeES units through their demat accounts via stock exchanges. The minimum investment is typically equivalent to the price of 0.01 gram of gold, making it accessible for small investors.
Taxation:
Gains from Gold BeES are subject to capital gains tax. Short-term capital gains (holding period of less than three years) are taxed at 20% with indexation benefits, while long-term capital gains (holding period of more than three years) are taxed at 20% with indexation benefits.
What is the return of gold BeES?
The return on Gold BeES is closely tied to the price movement of gold. The performance of Gold BeES reflects the movement of the domestic gold price in India. Below are some insights into its returns:
(1) Historical Returns:
- The returns from Gold BeES generally mirror the price of gold over time, minus a small tracking error, which can vary depending on market conditions.
- For example, over the long term (5–10 years), Gold BeES have delivered returns in line with the appreciation of gold. As of recent data:
1-year return: Around 7.5% (This can vary depending on gold price fluctuations in the market).
3-year return: Around 6.5% annually.
5-year return: Around 6.2% annually.
(2) Recent Performance:
- The Net Asset Value (NAV) of Nippon India ETF Gold BeES as of December 10, 2024, is ₹64.6394, indicating slight fluctuations depending on gold’s market price.
(3) Factors Impacting Returns:
- Gold Price Movements: Gold BeES’ performance is a direct reflection of gold’s price, which can be volatile, influenced by global economic factors, inflation, and currency fluctuations.
- Tracking Error: This is the difference between the performance of the ETF and the actual price of gold. While small, it can occasionally cause deviations in returns.
(4) Long-Term Outlook:
- Historically, gold has provided long-term returns that are considered a hedge against inflation and currency depreciation. Gold BeES allow investors to participate in this long-term trend without having to directly hold physical gold.
Who manages goldbees?
Gold BeES is managed by Nippon India Asset Management (formerly known as Reliance Nippon Life Asset Management). Nippon India Asset Management is one of the leading asset management companies in India, and it manages a range of exchange-traded funds (ETFs), including Nippon India ETF Gold BeES.
This ETF aims to track the performance of gold and its price movements, with the underlying assets being physical gold. The management of Gold BeES is focused on closely matching the performance of gold, minus minor tracking errors, by holding physical gold in the required quantity.
Gold ETF share price
I currently cannot pull live financial data directly. However, I can guide you on how to get the Gold ETF share price and create a table for tracking the data yourself.
Steps to Retrieve Gold ETF Share Price:
(1) Visit Financial Websites:
- Go to platforms like NSE India, BSE India, or MoneyControl.
- Search for “Gold ETF” or specifically for Nippon India ETF Gold BeES (or other gold ETFs).
(2) Find the Share Price and Historical Data:
- These platforms provide up-to-date share price, historical prices, and performance charts.
(3) Track the Prices: You can track share prices across different timeframes like 1 day, 1 week, 1 month, 1 year, etc. Most platforms offer tools to generate tables and charts based on this data.
Example Table Format (for Tracking):
| Date | Opening Price | Closing Price | Highest Price | Lowest Price | Volume |
| 2024-12-25 | ₹64.64 | ₹64.64 | ₹65.00 | ₹64.30 | 5000 |
| 2024-12-25 | ₹64.50 | ₹64.60 | ₹64.75 | ₹64.20 | 4500 |
| 2024-12-25 | ₹64.30 | ₹64.40 | ₹64.50 | ₹64.00 | 5500 |
| 2024-12-25 | ₹64.10 | ₹64.30 | ₹64.40 | ₹63.90 | 4700 |
This is just an example of how a table could look. You can use the data from the websites mentioned to create similar tables.
Nippon Gold Bees share price target 2025
Predicting the exact share price target for Nippon India ETF Gold BeES in 2025 is challenging due to various factors that influence the price of gold and, consequently, the price of Gold BeES. These factors include:
Gold Price Fluctuations: The price of Gold BeES is directly linked to the domestic price of gold. Key factors affecting gold prices include:
- Global economic conditions
- Inflation rates
- Currency fluctuations (especially the strength of the USD)
- Central bank policies (like interest rates and quantitative easing)
- Geopolitical events
(2) Market Sentiment: Investor sentiment toward gold can vary based on economic cycles, market conditions, and global uncertainties.
(3) Gold BeES Tracking Error: While Gold BeES aims to track the price of gold, minor tracking errors can cause slight differences in the actual performance.
Historical Performance and Projections:
- Over the last several years, gold has generally shown consistent growth, particularly during times of global uncertainty, making it a popular hedge.
- If gold continues to rise steadily, the price of Nippon India ETF Gold BeES will likely follow suit, assuming the fund continues to track gold’s price closely.
Example Scenario:
If the price of gold increases by 5% to 10% annually, the value of Nippon India ETF Gold BeES might also reflect a similar increase.
For instance, if the current price of Nippon India ETF Gold BeES is ₹64.64 (as of Dec 2024), a 5-10% annual increase could lead to the following price ranges in 2025:
- 5% annual growth: ₹64.64 * 1.05 = ₹67.87
- 10% annual growth: ₹64.64 * 1.10 = ₹71.10
Conclusion:
The price target for Nippon India ETF Gold BeES in 2025 will likely depend on the gold price movements. If gold sees a consistent increase, the share price of Gold BeES could rise by 5% to 10% over the next year. However, for more precise forecasting, you would need to consider expert reports, macroeconomic conditions, and gold market trends closer to 2025.
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