Axis Gold Fund Direct Growth

Axis Gold Fund Direct Growth

Others

Direct

Sector - Precious Metals

NAV as on 20-12-2024

₹ 24.32

-0.5%

1D

Inception Returns

6.5%

/yr

About Axis Gold Fund Direct Growth

Axis Gold Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Aditya Pagaria. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Gold Fund Direct Growth has ₹699 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

Axis Gold Fund Direct Growth has given a CAGR return of 6.50% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 20.09%, 14.84% and 13.84% respectively.

Holdings

Axis Gold Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are Axis Gold ETF

Taxation

As it is a sector - precious metals mutual fund the taxation is as follows:
Unknown asset type.

Investment objective of Axis Gold Fund Direct Growth

The investment objective of the Scheme is to generate returns that are in line with the performance of gold.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Axis Gold Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
11663 people have invested ₹ 3.4Cr in Axis Gold Fund Direct Growth in the last three months

Axis Gold Fund Direct Growth Overview

Expense ratio0.17%
Benchmark
Domestic Price of Gold
AUM₹699 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0.15%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
High Risk

Trailing Returns

as on (20-Dec-24)

Period
Axis Gold Fund Direct Growth
Gold Price
1M
-0.7%
-2.7%
3M
1.6%
-0.6%
6M
3.7%
0.3%
1Y
20.1%
17.6%
3Y
14.8%
14.8%
5Y
13.8%
13.6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 3.1%

Sector Allocation

Nov'24

Oct'24

Sep'24

Cash Equivalent
100%
  • Equity

Holdings
Weight%
1M Change
Axis Gold ETF
Axis Gold ETF
98.38%
6.4%
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Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Gold Fund Direct Growth, since 9 November 2021
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.21L Cr
as on 29-Nov-2024
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (sector - precious metals). Its expense ratio is 0.17% which is lower than the category average expense ratio of 0.58%.
Insights icon
In the last 5 years, this fund has outperformed all funds in its category.
Insights icon
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 20.63% return, outperforming this fund by 0.53%.
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In the last 3 years, SBI Gold Fund Direct Plan Growth has given 15.03% return, outperforming this fund by 0.19% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 41.1% growth in AUM moving from 495.31 Cr to 699.09 Cr.

Axis Gold Fund Direct Growth Highlights

Risk meter
pointer

High Risk

Investors understand that their principal will be at High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.5% since inception which is less than its category average return of 13.85%
AUM size ₹699 Cr

AUM size ₹699 Cr

This fund has AUM of ₹699 Cr which is less than its category average of ₹ 830 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions for Axis Gold Fund Direct Growth

The current NAV of Axis Gold Fund Direct Growth is ₹24.32 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Axis Gold Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.66%
-0.66%
6 Month Returns
3.69%
3.69%
1 Year Returns
20.09%
20.09%
3 Years Returns
51.45%
14.84%
5 Years Returns
91.18%
13.84%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.17% as on November 2024
₹699 Cr as on November 2024
Aditya Pagaria is the fund manager of Axis Gold Fund Direct Growth
The Exit load of Axis Gold Fund Direct Growth is 1%