Axis Gold Fund Direct Plan Growth option - Regular - Latest NAV [ ₹15.6495 ], Returns, Performance, Portfolio & Returns 2021

Axis Gold Fund Direct Plan Growth option

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Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 5.8 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years7.83%
3 Years15.04%
1 Year-1.01%
6 Months-6.97%
Fund Details
RiskModerately High risk
Fund TypeSector - Precious Metals
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Axis Gold ETF98.57%
Clearing Corporation Of India Ltd1.8%
Net Receivables / (Payables)0.38%

About Axis Gold Fund - Direct Plan - Growth Axis Gold Fund is designed for those investors that have an affinity towards gold. The main objective of this fund is to provide returns in line with the performance of the gold prices. Axis Gold Fund intends to offer capital appreciation over time.

Pros and Cons of Axis Gold Fund - Direct Plan - Growth Investing in Axis Gold Fund is the smart way of investing in gold. The biggest advantage of this fund is that it allows you to gain exposure to gold without having to hold it physically and thereby alleviating the risk of loss through theft. On the downside, the returns are tied to the performance of gold and its prices, and it can be volatile at times.

Fund Information and Statistics i) Inception/Launch Date Axis Gold Fund was launched on 20 October 2011.

ii) Risk Level Gold prices fluctuate and are never constant. Therefore the Axis Mutual Fund house has categorised Axis Gold Fund under ‘moderately high’ risk mutual funds. However, the risk level of the Axis Gold Fund is not as high as that of equity funds.

iii) Redemption Since Axis Gold Fund is an open-ended mutual fund scheme, you can place redemption requests any time.

iv) Fund Manager Mr Devang Shah is the current fund manager of Axis Gold Fund.

v) Entry/Exit Load There is no entry levied on Axis Gold Fund as per the norms of the Securities and Exchange Board of India (SEBI). Redemption requests placed within the 365 days from the investment are processed at an exit load of 1%. After one year, no exit load applies.

About Axis Mutual Fund Axis Mutual Fund entered the mutual fund industry in October 2009 with Axis Bank Limited as the sponsor and Axis Mutual Fund Trustee Limited as the trustee as per the regulations of the Securities and Exchange Board of India (SEBI). The fund house was set up with the intention of helping investors in creating long-term wealth. It is now a leading fund house in the country, and as of December 2019, its assets under management (AUM) amounted to Rs 1.2 lakh crore.

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Min amount: ₹1,000

Calculate Returns

20 yrs
Rs. 1,000 invested monthly becomes Rs. 5.8 Lakhs in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns