Axis Gold Fund Direct Growth

Axis Gold Fund Direct Growth

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Others
Direct
Sector - Precious Metals
NAV: ₹ 23.29 as on 12-06-2024

About the Fund

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 ₹495 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 6.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 18.50%, 12.65% and 16.30% 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.

Fund Performance
zero opening, trading, fund transfer fee
5930 people have invested ₹ 1.7Cr in Axis Gold Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.17%
Benchmark
Benchmark
Domestic Price of Gold
AUM
AUM
₹495 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
1.47%

Axis Gold Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 3.3%

Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
100%

Top Holdings of Axis Gold Fund Direct Growth as on (31-May-24)

  • Equity

Equity Holdings1
Holdings
Weight%
1M Change
Axis Gold ETF
Axis Gold ETF
98.35%
9.8%

Mutual Fund Insights

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In the last 5 years, Kotak Gold Fund Growth - Direct has given 16.44% return, outperforming this fund by 0.14% per annum.
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In the last 3 years, this fund has outperformed all funds in its category.
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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%.
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Over the last 6 months, this fund has experienced a 40.6% growth in AUM moving from 352.2 Cr to 495.31 Cr.
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In the last 1 year, ICICI Prudential Silver ETF Fund of Fund Direct Growth has given 18.85% return, outperforming this fund by 0.36%.

Fund Manager

Aditya Pagaria
Aditya Pagaria
Fund Manager of Axis Gold Fund Direct Growth, since 9 November 2021

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 6.38% since inception which is less than its category average return of 13.38%
AUM size ₹495 Cr

AUM size ₹495 Cr

This fund has AUM of ₹495 Cr which is less than its category average of ₹ 689 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 0.55%

Frequently Asked Questions

The current NAV of Axis Gold Fund Direct Growth is ₹23.29 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
Axis Gold Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2%
-2%
6 Month Returns
16.27%
16.27%
1 Year Returns
18.5%
18.5%
3 Years Returns
42.94%
12.65%
5 Years Returns
112.81%
16.3%
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 May 2024
₹495 Cr as on May 2024
Aditya Pagaria is the fund manager of Axis Gold Fund Direct Growth
The Exit load of Axis Gold Fund Direct Growth is 1%