3 Year return

14.75%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

High Risk

Scheme Information

Asset Under Management

₹495.31 Cr.

Expense Ratio

0.17% (inclusive of GST)

Exit Load

1.00% - If redeemed / switched out within 15 days from the date of allotment. Nil - If redeemed / switched out above 15 days from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

4
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

Axis Mutual Fund Managers

AP

Aditya Pagaria

Fund Manager since Mar 2019

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹275,166.00 Cr.
No. of Schemes 248
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Gold Fund Direct Plan-Growth

Axis Gold Fund Direct Plan Growth is an open-ended fund of fund scheme from Axis Mutual Fund, primarily investing in Axis Gold ETF. This hybrid fund provides the advantage of diversification, allowing investors to partake in gold investments without the need for physical storage or quality concerns. Compared to physical gold, this fund also presents a low cost of holding and no transaction charges on buying and selling.

Investment Objective of the Scheme

The primary investment objective of this scheme is to generate returns that align with the performance of gold. The fund seeks to capitalise on the value changes of this precious metal, making it an appealing option for those interested in commodity-based investments.

Key Features of The Fund

5-year return 15.73%
Expense Ratio 0.17%
Fund Manager Aditya Pagaria
Fund Size ₹495.31 Cr
Risk Profile High

Is This Scheme Right for Me?

This product is suitable for investors seeking capital appreciation over the medium to long term. It is primarily invested in Axis Gold ETF to generate returns similar to the underlying fund, subject to tracking error. However, potential investors should understand that their principal will be at high risk. This fund may be a fitting choice for those with higher risk tolerance and an investment horizon extending over several years. As with any investment, it's critical to ensure this fund aligns with your financial goals, risk appetite, and investment horizon before committing your funds.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Plan Your Investments Efficiently

SIPs can help you invest with minimum contributions over a period of time. With Angel One's free SIP calculator online, you can set your end goal and determine the required contribution amount. Check how over time, with small contributions, you can build up enough to achieve your financial goals.

FAQs

What is today's NAV of Axis Gold Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Gold Fund Jun 21 2024 is 23.6461

What is the AUM of Axis Gold Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Gold Fund is 495.31 crore.

What is the expense ratio of Axis Gold Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Gold Fund is 0.17%

What are the returns of Axis Gold Fund since inception?

The Axis Gold Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 6.53 since inception.

What is the minimum SIP amount to invest in Axis Gold Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Gold Fund is 100.

How do I invest in Axis Gold Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Gold Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Gold Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Gold Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.