ETFGold ETFModerately High

Axis Gold ETF

Q: What is the NAV of Axis Gold ETF?

As of 05 Oct 2026, the NAV of Axis Gold ETF is ₹122.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Axis Gold ETF delivered?

Axis Gold ETF has returned +25.17% over 1 year, +36.42% per year over 3 years, +24.80% per year over 5 years and +12.04% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Axis Gold ETF?

Axis Gold ETF charges an expense ratio of 0.52% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Axis Gold ETF?

Axis Gold ETF's largest holdings are GOLD .995 1KG BAR (98.2%). Holdings are disclosed monthly and change over time.

Q: How risky is Axis Gold ETF?

Axis Gold ETF is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 19.4% and its worst peak-to-trough fall in our sample was -29.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 1.54 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Axis Gold ETF's 1.54 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Axis Gold ETF?

Axis Gold ETF is benchmarked against the Domestic Price of Gold. Its alpha and beta on this page are measured against that index.

Q: Who manages Axis Gold ETF?

Axis Gold ETF is managed by Aditya Pagaria and Pratik Tibrewal at Axis.

Q: How is Axis Gold ETF taxed?

Axis Gold ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.

Axis Mutual Fund · Best Gold ETFs

NAV

₹122.20

-0.21% 1D

as of 05 Oct 2026

Compare SIP calculator

Performance

+22.85%absolute

52-week rangePrev NAV ₹122.45

Latest ₹122.20

Low ₹98.4450th percentile of its 52-week rangeHigh ₹145.65

Scorecard

★★☆☆☆2/5 vs 7 of 24 Gold ETF peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Gold ETF (same plan and option). 7 of the 24 Gold ETF funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceAverage

3Y CAGR +36.42% · ranks 6 of 12 Gold ETF funds

RiskLow

Volatility 19.4% vs 21.8% category avg

CostAverage

0.5% expense vs 0.5% category avg

ConsistencyModerate

81% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Less volatile than its Gold ETF peers (19.4% vs 21.8%)

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.52%

Category 0.51%▲0.01%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

1.54

Category 1.54▲0.00

Scheme Info

Definitions

Plan

—

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Entry Load: Not Applicable Para 10.4 of SEBI Master Circular on Mutual Funds as amended from time to time has decided that there shall be no entry load for all Mutual Fund schemes. Exit Load: NIL For more details on Load Structure, please refer paragraph “Load Structure.

—

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

Domestic Price of Gold

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

16 Nov 2010

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-4.47%

Absolute return over the last 3 months (not annualized)

+0.95%

Absolute return over the last 6 months (not annualized)

+0.55%

Absolute return since 1 Jan of this year (not annualized)

+10.34%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+25.17%

3-year annualized return (CAGR)

+36.42%

5-year annualized return (CAGR)

+24.80%

10-year annualized return (CAGR)

+15.76%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+12.04%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

19.36%

Excess return per unit of total volatility (rf = 6.5%)

1.54

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

2.20

Largest peak-to-trough decline over full history

-29.57%

Benchmark ratios (vs Gold · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Gold

-1.15%

Sensitivity to Gold moves; 1 = moves with the index

1.06

How much of the fund's movement Gold explains

96.0%

Excess return per unit of beta (market risk)

27.21

Active return over the benchmark per unit of tracking error

0.08

Annualized std dev of fund-minus-benchmark returns

4.17%

Fund's share of benchmark gains in up months (100 = matches index)

100.3%

Fund's share of benchmark losses in down months (lower is better)

98.6%

Computed vs the Gold over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Gold ETF)

Period	Fund	Category avg.	Diff
1M abs	-4.47%	-4.36%	-0.11%
3M abs	+0.95%	+1.34%	-0.39%
6M abs	+0.55%	+0.45%	+0.10%
1Y CAGR	+25.17%	+25.32%	-0.15%
3Y CAGR	+36.42%	+36.44%	-0.02%
5Y CAGR	+24.80%	+24.79%	+0.01%

Category average across peers in Gold ETF (up to 24 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 24 peers in Gold ETF

1Y return

+25.17%

Beats 25% · rank #16

3Y return

+36.42%

Beats 54.5% · rank #6

5Y return

+24.80%

Beats 62.5% · rank #4

Sharpe

1.54

Beats 81.8% · rank #3

Sortino

2.20

Beats 54.5% · rank #6

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹12.07L

Absolute

+101.12%

XIRR

+29.25%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Axis Gold ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Gold	Diff
2026part	+10.34%	+10.42%	-0.08%
2025	+72.30%	+71.81%	+0.49%
2024	+19.22%	+19.44%	-0.22%
2023	+13.31%	+14.68%	-1.37%
2022	+14.14%	+12.80%	+1.34%
2021	-4.38%	-5.19%	+0.81%
2020	+26.17%	+27.00%	-0.83%
2019	+23.40%	+22.95%	+0.45%
2018	+7.17%	+6.67%	+0.50%
2017	+0.56%	+2.43%	-1.87%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

3,918

Expense ratio

0.52%

AUM

₹5,343Cr

Exit load

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 1 year get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 1 year

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 1 year or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Gold ETF

Compare all


Axis Gold ETFThis fund Axis	★★☆☆☆	+25.17%	+36.42%	+24.80%	—	0.52%	₹5,343Cr
UTI - Gold Exchange Traded Fund UTI · Direct · Growth	★★★★☆	+25.76%	+36.93%	+24.99%	—	—	₹3,315Cr
LIC MF Gold Exchange Traded Fund LIC	★★★★★	+25.53%	+36.82%	—	—	0.45%	₹1,420Cr
Invesco India Gold Exchange Traded Fund Invesco · Regular · Growth	—	+25.18%	+36.56%	+24.88%	—	0.50%	₹734.65Cr
Quantum Gold ETF Quantum	★★★☆☆	+25.68%	+36.55%	+24.79%	—	0.55%	₹720.91Cr
ICICI Prudential Gold ETF ICICI Prudential	★★★★☆	+25.46%	+36.44%	+24.87%	—	0.49%	₹26,432Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other98.18%
Cash & Equivalents1.82%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-29.6%28 Aug 2013 → 31 Jul 2015
Fell over 1.9 years, back to the old high on 07 Aug 2019 — 4.0 years under water after the low.
-23.0%27 Nov 2012 → 28 Jun 2013
Fell over 7 months, back to the old high on 28 Aug 2013 — 2 months under water after the low.
-22.3%29 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹5,343Cr

April - June 2026

+7%

since January - March 2026

+₹196.76Cr

est. net flow, last quarter

At or near its largest, ₹5,343Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Axis Mutual Fund is run by Axis Asset Management, majority-owned by Axis Bank with the UK's Schroders holding the minority stake. It launched its first scheme in 2009 and grew quickly on a growth-oriented, quality-biased equity style.

Launched

03 Sep 2009

Total AUM

₹3,69,030Cr+2.6% QoQ

Avg AUM · April - June 2026

Website

axismf.com

Fund Managers

APAditya PagariaStart date not disclosed

Role

Fund Manager - Fixed Income

Education

Bachelor in Management Studies, Post Graduate Diploma in Business Management

Experience

Total number years of experience: 18 years, his last 10 are as follows: • Axis Asset Management Company (Fund Manager 12 Fixed Income) (August 1, 2016 till date) • ICICI Prudential Asset Management Company (Fund Manager Fixed Income) (Nov. 30, 2011 - July 26, 2016) • (Operations)- (May 03, 2007 - Nov. 29, 2011)

Funds managed (17)

All schemes Aditya Pagaria runs →

PTPratik TibrewalStart date not disclosed

Role

Fund Manager – Commodities & Assistant Dealer – Fixed Income

Education

B.com, LLB (Gen), MBA (Finance)

Experience

13 years, his last 10 are as follows: • Axis Asset Management Company Limited (Fund Manager – Commodities & Assistant Dealer – Fixed Income for Mutual Fund) (February 01, 2025 till date) • Axis Asset Management Company Limited (Fund Manager – Debt PMS) (June 01, 2024 to January 31, 2025) • Axis Asset Management Company Limited (Fund Manager – Commodities Mutual Fund) (June 01, 2022 to May 31, 2024) • Inditrade Capital Limited (August 31, 2018 to May 31, 2022) • Edelweiss Asset Management Limited (January 31, 2018 to August 30, 2018) • Inditrade Capital Limited (November 16, 2016 to January 30, 2018) • Edelweiss Commodities trading Ltd. • (July 12, 2012 to November 15, 2016)

Funds managed (4)

All schemes Pratik Tibrewal runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Aditya Pagaria Pratik Tibrewal

Axis in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Gold funds & ETFs

Gold ETFs hold physical gold of standard purity and track its domestic price, so a unit is a claim on bullion rather than on a company. Gold funds-of-funds hold the ETF instead, which is what lets you buy them as a SIP without a demat account.

Frequently asked questions

What is the NAV of Axis Gold ETF?

As of 05 Oct 2026, the NAV of Axis Gold ETF is ₹122.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Axis Gold ETF delivered?

Axis Gold ETF has returned +25.17% over 1 year, +36.42% per year over 3 years, +24.80% per year over 5 years and +12.04% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Axis Gold ETF?

Axis Gold ETF charges an expense ratio of 0.52% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Axis Gold ETF?

Axis Gold ETF's largest holdings are GOLD .995 1KG BAR (98.2%). Holdings are disclosed monthly and change over time.

How risky is Axis Gold ETF?

Axis Gold ETF is rated moderately high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 19.4% and its worst peak-to-trough fall in our sample was -29.6%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 1.54 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Axis Gold ETF's 1.54 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Axis Gold ETF?

Axis Gold ETF is benchmarked against the Domestic Price of Gold. Its alpha and beta on this page are measured against that index.

Who manages Axis Gold ETF?

Axis Gold ETF is managed by Aditya Pagaria and Pratik Tibrewal at Axis.

How is Axis Gold ETF taxed?

Axis Gold ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.