stock logo

Axis MF - Axis Gold ETF

AXISGOLD

₹64.82+₹0.63 (0.98%) TodayLast updated on 21 Nov, 2024 | 15:29 IST

Axis MF - Axis Gold ETF Chart

Please wait...
  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
arrow
Open
₹64.89
Close
₹64.19
Volume
2,27,017
Avg. traded
₹64.67
Circuit range
₹50.49 - ₹75.74
Day range
₹64.25 - ₹65.03
Year range
₹50.83 - ₹69.05
AUM
₹1,197.17 Cr

Managers

Aditya Pagaria
Launch Date
10 Nov 2010
Axis MF - Axis Gold ETF

About Axis Gold ETF

  • The Axis Gold ETF is an open-ended scheme by Axis Mutual Fund, designed to replicate or track domestic gold prices.
  • The fund was launched on November 10, 2010.
  • The exchange symbol for the Axis Gold ETF is AXISGOLD.
  • The fund has a total of ₹922.31 crore assets under management (AUM) as of June 30, 2024.
  • Aditya Pagaria has managed this fund since June 1, 2024.
  • The units of the ETF can be bought or sold on the exchange in a minimum lot of one unit and multiples thereof.
  • One can invest in the scheme by buying the ETF units directly through a demat account with a registered broker.

Investment Objective and Benchmark

  • The Axis Gold ETF’s investment objective is to produce returns that closely mirror gold’s performance.
  • Since the ETF primarily invests in gold and seeks to provide returns consistent with gold's performance, it is benchmarked against the Domestic Price of Gold.
  • The Axis Gold ETF will invest in gold bullion with a fineness (or purity) of 995 parts per 1,000 (99.5%) or higher to closely align with gold’s performance.
  • The fund will also invest in debt and money market instruments to provide liquidity.
  • This ETF is suitable for investors seeking capital appreciation over the medium to long term.
  • It is also suitable for those who want to invest predominantly in gold and seek returns similar to the performance of gold, subject to tracking error.
  • The fund does not incur any exit load, which means investors can redeem their units without having to pay any additional charges or penalties.
  • The risk associated with this fund has been categorised as ‘high’. In comparison, the risk associated with the domestic price of gold is categorised as ‘moderately high’.

Asset Allocation and Portfolio Composition

  • Gold constitutes 98.36% of the fund’s net assets, reflecting its primary focus on tracking the price of gold.
  • Debt, cash and other current assets make up 1.64% of the net assets.

The authorised participants of Axis Gold ETF include:

  • Augmont Enterprises Private Limited
  • Raksha Bullion
  • Abans Broking Services Private Limited
  • Riddhi Siddhi Bullion Limited

As of July 31, 2024, the compound annual growth rate (CAGR) for Axis Gold ETF has been 23.14% over one year compared to the benchmark’s 23.55%.

Since its inception, the ETF has delivered a return of 6.39%

Key indicators

arrow
Tracking index
Price of Gold

Expense Ratio

0.55%
Tracking error
NA

Learn more

Investment checklist: (2/6)
arrow
check status

Liquidity

check status

Fund size

check status

Expense Ratio

check status

Tracking error

check status

Returns vs FD Rates

check status

Entry Point

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Returns

Returns vs Benchmark
arrow
  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
arrow

This ETF

Nifty 50

Please wait...

Learn more

Axis MF - Axis Gold ETF Shareholder returns

arrow
1 day
+1.39%
1 week
-0.83%
1 month
-1.90%
3 months
+5.58%
1 year
+23.28%
3 years
+51.07%
5 years
-98.10%

Axis MF - Axis Gold ETF Price history

arrow
DayOpenCloseChange %
Tue, Nov 19 2024
₹63.31
₹64.19
+1.39%
Mon, Nov 18 2024
₹63.34
₹63.31
+1.95%
Thu, Nov 14 2024
₹65.30
₹62.10
-2.08%
Wed, Nov 13 2024
₹63.79
₹63.42
+0.67%
Tue, Nov 12 2024
₹64.18
₹63.00
-2.67%
Mon, Nov 11 2024
₹65.39
₹64.73
-0.98%
Fri, Nov 8 2024
₹65.66
₹65.37
+1.29%
Thu, Nov 7 2024
₹65.55
₹64.54
-2.54%

Composition

Frequently asked questions

What is the Axis MF - Axis Gold ETF share price today?

chevron-up
Axis MF - Axis Gold ETF share price is ₹ 64.82 today.

What is today’s high & low share price of Axis MF - Axis Gold ETF?

chevron-up
Axis MF - Axis Gold ETF share price high: ₹ 65.03 and low: ₹ 64.25

What is Assets Under Management (AUM) of Axis MF - Axis Gold ETF shares today on the NSE?

chevron-up
Axis MF - Axis Gold ETF Assets Under Management (AUM) of ₹ 1,197.17 Crores.

What is the Axis MF - Axis Gold ETF share price high and low in the last 52 weeks on the NSE?

chevron-up
52 Week share High Price is ₹ 69.05 and Low Price is ₹ 50.83

What is the Axis MF - Axis Gold ETF Stock Symbol?

chevron-up
The Axis MF - Axis Gold ETF Stock symbol is AXISGOLD.

Can I buy Axis MF - Axis Gold ETF shares on Holidays?

chevron-up
No, shares of Axis MF - Axis Gold ETF or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Axis MF - Axis Gold ETF shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.