Axis Gold Fund Direct Plan Growth option
- 7.87%
- (--0.12)14.851
Min amount: ₹1,000
Calculate Returns
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
- FAQs
Fund Summary
Period | Returns(per year) |
---|---|
10 Years | -- |
5 Years | 7.87% |
3 Years | 12.83% |
1 Year | 3.04% |
6 Months | -12.31% |
Fund Details | |
---|---|
ISIN | INF846K01DS2 |
Risk | |
Fund Type | Sector - Precious Metals |
NAV | 14.851 |
Exit Load | 1% for 365 Days |
More about this fund
Top Holdings | Weightage |
---|---|
Axis Gold ETF | 97.59% |
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.
Customer Reviews
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "
IT Developer, Bangalore" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "
Software Engineer, Indore" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "
Campus Manager, Bangalore
Invest Now in 3 Easy Steps
- 1
- 2
- 3
Why ClearTax Invest?
Our experts do all the research and offer only the BEST mutual funds
Trusted by Over 25 Lakh Indians
Invest in just 5 minutes
No paperwork required
Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹1,000
Calculate Returns
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