NAV (Jan 27)
6 Month CAGR
Low to Moderate
gold .995 1kg bar
net receivables / (payables)
clearing corporation of india ltd
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 Devang Shah, 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 7.5% as a return on investment. The fund has delivered a 1-year return of 16.2%, a 3-year return of 10.8%, and a 5-year return of 12.4%.
As on 27 Jan, 2023 the NAV of the fund is Rs 48.82 and the AUM is Rs 756.85 crores. The fund charges an expense ratio of 0.53% 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.
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.