Axis Gold Fund Direct Plan Growth option
Others
Direct
Sector - Precious Metals
NAV: ₹ 23.75 as on 17-05-2024
About the Fund
Axis Gold Fund Direct Plan Growth option 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
- Axis Gold Fund Direct Plan Growth option has ₹483 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Fund Performance
5575 people have invested ₹ 1.5Cr in Axis Gold Fund Direct Plan Growth option in the last three months
Overview
 | 0.17% |
 Benchmark | Domestic Price of Gold |
 | ₹483 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 1.47% |
Axis Gold Fund Direct Plan Growth option Distribution as on (31-Dec-69)
Sector Allocation
Cash Equivalent
100%
Top Holdings of Axis Gold Fund Direct Plan Growth option as on (30-Apr-24)
Equity Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Gold ETF | 98.27% | 9.8% |
Mutual Fund Insights
In the last 5 years, Kotak Gold Fund Growth - Direct has given 17.15% return, outperforming this fund by 0.11% per annum.
Over the last 3 months, this fund has experienced a 28.1% growth in AUM moving from 376.64 Cr to 482.6 Cr.
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%.
In the last 3 years, SBI Gold Fund Direct Plan Growth has given 14.64% return, outperforming this fund by 0.24% per annum.
In the last 1 year, UTI Gold ETF Fund of Fund Direct Growth has given 20.02% return, outperforming this fund by 0.85%.
Peer Analysis
Fund Manager
Aditya Pagaria
Fund Manager of Axis Gold Fund Direct Plan Growth option, since 9 November 2021
Top funds managed
Axis Gold Fund Direct Plan Growth option Highlights
High Risk
Investors understand that their principal will be at High Risk
About the fund
This fund has delivered an average annual returns of 6.63% since inception which is less than its category average return of 13.77%
AUM size ₹483 Cr
This fund has AUM of ₹483 Cr which is less than its category average of ₹ 662 Cr
Expense Ratio 0.17%
This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.55%
Frequently Asked Questions
The current NAV of Axis Gold Fund Direct Plan Growth option is ₹23.75 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Axis Gold Fund Direct Plan Growth option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.19% | 0.19% |
6 Month Returns | 20.38% | 20.38% |
1 Year Returns | 19.16% | 19.16% |
3 Years Returns | 49.72% | 14.4% |
5 Years Returns | 119.68% | 17.05% |
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 April 2024
₹483 Cr as on April 2024
Aditya Pagaria is the fund manager of Axis Gold Fund Direct Plan Growth option
The Exit load of Axis Gold Fund Direct Plan Growth option is 1%