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EDELAMC - EGOLD ETF

EGOLD

₹78.35-₹0.45 (-0.57%) TodayLast updated on 11 Nov, 2024 | 15:21 IST

EDELAMC - EGOLD ETF Chart

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  • Fund overview
  • Returns
  • Composition
  • More

Fund overview

About
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Open
₹77.95
Close
₹78.80
Volume
6,673
Avg. traded
₹78.03
Circuit range
₹62.45 - ₹93.65
Day range
₹77.95 - ₹78.40
Year range
₹53.10 - ₹84.50
AUM
₹69.34 Cr

Managers

Amit Vora
Launch Date
07 Nov 2023
EDELAMC - EGOLD

EGOLD- Edelweiss Gold ETF

  • The Edelweiss Gold ETF is an exchange-traded fund focusing on gold.
  • Edelweiss Mutual Fund House manages the ETF.
  • The scheme was launched on November 7, 2023.
  • The ETF’s assets under management (AUM) stood at ₹50.54 crore as of July 31, 2024.
  • The scheme funds have been managed by Amit Vohra since July 1, 2024.
  • The risk level profile of Edelweiss Gold ETF is high.
  • The ETF is traded on both stock exchanges NSE and BSE like a stock, which provides liquidity and flexibility for investors.
  • It can be bought and sold during market hours at prevailing market prices through a demat account.

Investment Objective & Benchmark

  • The Edelweiss Gold ETF objective is to closely match the performance of actual gold in the local market.
  • The ETF tracks the daily spot price of gold in the domestic market. Its performance is intended to coincide with changes in gold prices caused by daily spot-fixing.
  • For those looking to benefit from gold’s long-term performance, the Edelweiss Gold ETF offers a convenient alternative to buying and storing physical gold.
  • Investors can trade the ETF on stock exchanges, which provides liquidity and ease of access.
  • A key advantage of investing in this gold ETF is the diversification it brings to your investment portfolio. Gold often moves differently from other asset classes like stocks and bonds, potentially adding stability and balance to your overall investment strategy.
  • Although the Edelweiss Gold ETF performance is closely linked to gold prices, it is still affected by market fluctuations and fund-related expenses.
  • Gold is often used as a hedge against inflation and economic uncertainty. The Edelweiss Gold ETF tries to deliver these protective benefits by closely tracking gold's performance.
  • The risk level profile of Edelweiss Gold ETF is high.

Asset allocation & portfolio composition

  • The fund allocation of the ETF consists of 97% in gold, 2.67% in cash and cash assets and 0.34% in TREPS.
  • The top holding of ETF majorly consists of gold around 97%.
  • Since its inception, the Edelweiss Gold ETF has given an annualised return of 18.28% to its investors.
  • In 6 months as of July 31, 2024, the ETF has given a return of 19.62% compared to benchmark returns of 20.68%.

Key indicators

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Tracking index
Domestic Price of Physical Gold TR INR

Expense Ratio

0.35%
Tracking error
NA

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Investment checklist: (2/6)
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Liquidity

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Fund size

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Expense Ratio

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Tracking error

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Returns vs FD Rates

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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
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  • ETF returns
  • Rolling returns
Compare the returns of this fund with
NIFTY 50
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This ETF

Nifty 50

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EDELAMC - EGOLD Shareholder returns

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1 day
+0.96%
1 week
-3.37%
1 month
+2.40%
3 months
+11.77%
1 year
+21.23%
3 years
+21.23%
5 years
+21.23%

EDELAMC - EGOLD Price history

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DayOpenCloseChange %
Fri, Nov 8 2024
₹78.75
₹78.80
+0.96%
Thu, Nov 7 2024
₹77.80
₹78.05
-2.13%
Wed, Nov 6 2024
₹80.00
₹79.75
-0.31%
Tue, Nov 5 2024
₹80.40
₹80.00
0.00%
Mon, Nov 4 2024
₹81.55
₹80.00
-1.90%
Fri, Nov 1 2024
₹81.00
₹81.55
+0.68%
Thu, Oct 31 2024
₹81.75
₹81.00
-0.06%
Wed, Oct 30 2024
₹80.50
₹81.05
+1.00%

Composition

Frequently asked questions

What is the EDELAMC - EGOLD share price today?

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EDELAMC - EGOLD share price is ₹ 78.35 today.

What is today’s high & low share price of EDELAMC - EGOLD?

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EDELAMC - EGOLD share price high: ₹ 78.40 and low: ₹ 77.95

What is Assets Under Management (AUM) of EDELAMC - EGOLD shares today on the NSE?

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EDELAMC - EGOLD Assets Under Management (AUM) of ₹ 69.34 Crores.

What is the EDELAMC - EGOLD share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 84.50 and Low Price is ₹ 53.10

What is the EDELAMC - EGOLD Stock Symbol?

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The EDELAMC - EGOLD Stock symbol is EGOLD.

Can I buy EDELAMC - EGOLD shares on Holidays?

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No, shares of EDELAMC - EGOLD 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 EDELAMC - EGOLD 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.