Axis Gold Exchange Traded Fund (G)

Axis Gold Exchange Traded Fund (G) is an Exchange Traded Fund which is benchmarked to Domestic Price of Gold. Axis Gold Exchange Traded Fund (G) is managed by the Axis Asset Management Company Limited with the fund managers being Pratik Tibrewal. The Axis Gold Exchange Traded Fund (G) was launched on Nov 10, 2010 with no lock-in period. Since its inception, the fund has delivered 7.9% as a return on investment. The fund has delivered a 1-year return of 13.9%, a 3-year return of 11.7%, and a 5-year return of 13.1%.

As on 25 Jul, 2024 the NAV of the fund is Rs 57.81 and the AUM is Rs 922.31 crores. The fund charges an expense ratio of 0.55% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.

Since the scheme is benchmarked to Domestic Price of Gold, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Axis Gold Exchange Traded Fund (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.

Scripbox provides a unique feature through which you can compare the performance of Axis Gold Exchange Traded Fund (G) with another fund in a similar category. This way you can make a well-informed investment decision.