FoFFoF DomesticRegularGrowthHigh

Axis Gold Fund

Q: What is the NAV of Axis Gold Fund?

As of 05 Oct 2026, the NAV of Axis Gold Fund is ₹42.42 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Axis Gold Fund delivered?

Axis Gold Fund has returned +24.91% over 1 year, +35.31% per year over 3 years, +24.25% per year over 5 years and +10.05% 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 Fund?

Axis Gold Fund charges an expense ratio of 0.55% 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 Fund?

Axis Gold Fund's largest holdings are Axis Gold ETF (100.0%). Holdings are disclosed monthly and change over time.

Q: How risky is Axis Gold Fund?

Axis Gold Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 23.9% and its worst peak-to-trough fall in our sample was -32.1%. 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 1.20 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Axis Gold Fund's 1.20 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Axis Gold Fund?

Axis Gold Fund 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 Fund?

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

Q: How is Axis Gold Fund taxed?

Axis Gold Fund 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 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.

Axis Mutual Fund · Best Domestic Fund of Funds

NAV

₹42.42

+0.03% 1D

as of 05 Oct 2026

This is the Regular plan of Axis Gold Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+21.84%absolute

52-week rangePrev NAV ₹42.41

Latest ₹42.42

Low ₹33.6849th percentile of its 52-week rangeHigh ₹51.65

Scorecard

★★☆☆☆2/5 vs 75 of 152 FoF Domestic 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 FoF Domestic (same plan and option). 75 of the 152 FoF Domestic funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +35.31% · ranks 21 of 75 FoF Domestic funds

RiskHigh

Volatility 23.9% vs 17.3% category avg

CostLow

0.6% expense vs 0.7% category avg

ConsistencyModerate

74% 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

1-year return (+24.91%) beats the FoF Domestic average (+11.28%)
3-year return (+35.31%) beats the FoF Domestic average (+19.03%)
5-year return (+24.25%) beats the FoF Domestic average (+12.35%)
Ranks #22 of 115 on 1-year return in its FoF Domestic cohort
Stronger risk-adjusted returns — Sharpe 1.20 vs 0.64 FoF Domestic average

Concerns

More volatile than its FoF Domestic peers (23.9% vs 17.3%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.55%

Category 0.69%▼0.14%

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

—

Category —

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

1.20

Category 0.64▲0.56

Scheme Info

Definitions

Plan

Regular · Growth

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

None

1% is payable if Units are redeemed / switched-out within 15 days from the date of allotment

1.00%

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

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

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.

25 Oct 2011

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

Definitions

Absolute return over the last 1 month (not annualized)

-4.49%

Absolute return over the last 3 months (not annualized)

+0.34%

Absolute return over the last 6 months (not annualized)

+1.13%

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

+10.33%

Annualized returns (≥1Y — CAGR)

Definitions

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

+24.91%

3-year annualized return (CAGR)

+35.31%

5-year annualized return (CAGR)

+24.25%

10-year annualized return (CAGR)

+15.40%

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.

+10.05%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

23.93%

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

1.20

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

1.69

Largest peak-to-trough decline over full history

-32.10%

Benchmark ratios (vs Gold · 36 monthly returns)

Definitions

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

0.28%

Sensitivity to Gold moves; 1 = moves with the index

0.96

How much of the fund's movement Gold explains

99.3%

Excess return per unit of beta (market risk)

28.92

Active return over the benchmark per unit of tracking error

-0.45

Annualized std dev of fund-minus-benchmark returns

1.61%

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

98.4%

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

98.9%

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 (FoF Domestic)

Period	Fund	Category avg.	Diff
1M abs	-4.49%	-3.40%	-1.09%
3M abs	+0.34%	-1.47%	+1.81%
6M abs	+1.13%	+4.76%	-3.63%
1Y CAGR	+24.91%	+11.28%	+13.63%
3Y CAGR	+35.31%	+19.03%	+16.28%
5Y CAGR	+24.25%	+12.35%	+11.90%

Category average across peers in FoF Domestic (151 of 152 carry a figure for at least one period), 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 152 peers in FoF Domestic

1Y return

+24.91%

Beats 81.6% · rank #22

3Y return

+35.31%

Beats 73% · rank #21

5Y return

+24.25%

Beats 88.5% · rank #7

Sharpe

1.20

Beats 83.8% · rank #13

Sortino

1.69

Beats 82.4% · rank #14

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

₹11.89L

Absolute

+98.22%

XIRR

+28.62%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Axis Gold Fund, 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	+10.33%	+10.42%	-0.09%
2025	+69.77%	+71.81%	-2.04%
2024	+19.18%	+19.44%	-0.26%
2023	+14.65%	+14.68%	-0.03%
2022	+12.49%	+12.80%	-0.31%
2021	-4.70%	-5.19%	+0.49%
2020	+26.85%	+27.00%	-0.15%
2019	+23.06%	+22.95%	+0.11%
2018	+8.30%	+6.67%	+1.63%
2017	+0.71%	+2.43%	-1.72%

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

3,684

Expense ratio

0.55%

AUM

₹2,975Cr

Exit load

1% is payable if Units are redeemed / switched-out within 15 days from the date of allotment

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 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years 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 · FoF Domestic

Compare all


Axis Gold FundThis fund Axis · Regular · Growth	★★☆☆☆	+24.91%	+35.31%	+24.25%	—	0.55%	₹2,975Cr
Mirae Asset NYSE FANG + ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+45.76%	+58.41%	+35.98%	—	0.41%	₹2,418Cr
Mirae Asset S&P 500 Top 50 ETF Fund of Fund Mirae Asset · Regular · Growth	★★★★★	+47.60%	+45.91%	+29.33%	—	0.42%	—
Axis Silver Fund of Fund Axis · Regular · Growth	★★★★☆	+50.74%	+45.30%	—	—	0.65%	₹1,209Cr
Nippon India Silver ETF FOF Nippon India · Regular · Growth	★★★★★	+49.37%	+45.20%	—	—	0.49%	₹4,544Cr
HDFC Silver ETF Fund of Fund HDFC · Regular · Growth	★★★★☆	+49.73%	+44.95%	—	—	0.55%	₹4,593Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other99.99%
Cash & Equivalents0.01%

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.

-32.1%14 Sep 2012 → 18 Dec 2015
Fell over 3.3 years, back to the old high on 26 Aug 2019 — 3.7 years under water after the low.
-25.9%29 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.
-25.8%23 Jul 2020 → 31 Mar 2021
Fell over 8 months, back to the old high on 05 Apr 2023 — 2.0 years under water after the low.

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.

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.

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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.

Frequently asked questions

What is the NAV of Axis Gold Fund?

As of 05 Oct 2026, the NAV of Axis Gold Fund is ₹42.42 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Axis Gold Fund delivered?

Axis Gold Fund has returned +24.91% over 1 year, +35.31% per year over 3 years, +24.25% per year over 5 years and +10.05% 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 Fund?

Axis Gold Fund charges an expense ratio of 0.55% 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 Fund?

Axis Gold Fund's largest holdings are Axis Gold ETF (100.0%). Holdings are disclosed monthly and change over time.

How risky is Axis Gold Fund?

Axis Gold Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 23.9% and its worst peak-to-trough fall in our sample was -32.1%. 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 1.20 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Axis Gold Fund's 1.20 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Axis Gold Fund?

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

Who manages Axis Gold Fund?

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

How is Axis Gold Fund taxed?

Axis Gold Fund 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 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.