December 11, 2023
mayank
Axis Gold ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 53.3828
Suitable For Which Investors?
“Gold funds provide returns that are closely in line with the returns provided by gold.
We do not think of gold as a good long-term investment avenue and therefore we believe that investors can avoid these funds altogether.
But for those retail investors who’d still prefer to invest in gold, we believe that the Sovereign Gold Bond Scheme offered by the Government of India is a better alternative. This scheme offers a guaranteed return of 2.5 per cent per year over and above the return provided by the price of gold, though the investment cannot be redeemed before a tenure of five years.”
Fund’s Investment Strategy:
The scheme seeks to generate returns that are in line with the performance of gold.
Fund Manager:
1) Pratik Tibrewal
Education: Mr. Tibrewal is a B.Com, LLB (Gen) and MBA (Finance).
Experience: Prior to joining Axis Mutual Fund, he has worked with Inditrade Capital Ltd., Edelweiss Mutual Fund and Edelweiss Commodities trading Ltd..
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | — |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Axis Gold ETF
| Fund House | Axis Mutual Fund |
| Launch Date | 10-Nov-10 |
| Return Since Launch | 7.76% |
| Benchmark | Domestic Price of Gold |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 796 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.56% |
| (As on 31-Oct-2023) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Axis Gold ETF Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Gold ETF | 12.20 | -0.10 | 3.43 | 5.45 | 4.98 | 15.07 | 7.27 | 14.24 | 10.60 | 7.44 |
| Domestic Price of Gold Index | 12.61 | 0.49 | 3.15 | 5.42 | 4.13 | 15.88 | 8.22 | 14.90 | 11.81 | 8.60 |
| Commodities: Gold | 12.10 | -0.09 | 3.15 | 5.18 | 4.19 | 14.66 | 6.84 | 13.84 | 10.66 | 6.86 |
| Rank within category | 15 | 9 | 5 | 5 | 3 | 6 | 3 | 3 | 13 | 9 |
| Number of funds in category | 24 | 28 | 27 | 26 | 26 | 24 | 21 | 21 | 21 | 21 |
Peer Comparison of Axis Gold ETF
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Gold ETF | Unrated | 15.07 | 7.27 | 14.24 | 0.56 | 796 | 7.76 | — | 13Y 1M | 90.00 |
| SBI Gold Reg | 4 star | 14.80 | 6.60 | 13.80 | 0.42 | 1,502 | 5.25 | 1.00 (15) | 12Y 2M | — |
| Nippon Ind ETF Gold BeES | Unrated | 14.33 | 6.69 | 13.80 | 0.79 | 8,691 | 10.82 | — | 16Y 9M | 6.00 |
| ICICI Pru Gold ETF Reg | Unrated | 14.45 | 7.04 | 13.97 | 0.50 | 4,476 | 8.27 | — | 13Y 3M | — |
| HDFC Gold ETF Reg | Unrated | 14.39 | 6.98 | 13.92 | 0.59 | 4,043 | 8.66 | — | 13Y 3M | — |
How to Invest in Axis Gold ETF?
Chanakya’s Mutual Fund Guidance For Axis Gold ETF
Apply Online: https://www.axismf.com/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks