Axis Gold Fund Regular-IDCW
(Scheme Rating)
NAV as of Aug 29, 2024
21.450.03%
(Earn upto 0.33% Extra Returns with Direct Plan)
Fund Category:
Commodities: Gold
Expense Ratio:
0.50%(0.51% Category
average)Fund Size:
Rs. 500.49 Cr(2.77% of Investment in Category)
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Axis Gold Fund Regular-IDCW
(Scheme Rating)
NAV as of Aug 29, 2024
21.450.03%
Expense Ratio:
0.50%
Fund Size:
Rs. 500.49 Cr
Fund Category:
Commodities: Gold
1. Current NAV: The Current Net Asset Value of the Axis Gold Fund as of Aug 29, 2024 is Rs 21.45 for IDCW option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 20.84% (1yr), 13.8% (3yr), 12.07% (5yr) and 6.1% (since launch). Whereas, Category returns for the same time duration are: 20.89% (1yr), 13.79% (3yr) and 11.59% (5yr).
3. Fund Size: The Axis Gold Fund currently holds Assets under Management worth of Rs 500.49 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.5% for Regular plan as on Aug 23, 2024.
5. Exit Load: Axis Gold Fund shall attract an Exit Load, "Exit load of 1%, if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Axis Gold Fund Regular-IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 0.94 -1.29 14.51 20.39 13.80 11.92 Category Avg 3.56 -1.06 15.05 20.78 13.86 11.63 Rank within Category 30 27 29 23 15 3 No. of funds within Category 31 31 31 26 21 21 - Loading...
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Return Comparison
- This Fund
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Axis Gold Fund Regular-IDCW Fund Details
Investment Objective - The scheme seeks to generate returns that closely correspond to returns generated by Axis Gold ETF.
Fund House | Axis Mutual Fund |
Launch Date | Oct 20, 2011 |
Benchmark | Domestic Price of Gold |
Return Since Launch | 6.1% |
Riskometer | High |
Type | Open-ended |
Risk Grade | Low |
Return Grade | Above Average |
Axis Gold Fund Regular-IDCW Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 1,000.00 |
Exit Load Exit load of 1%, if redeemed within 15 days. |
Portfolio Allocation
Name | Type of Instrument | Weight (%) |
---|---|---|
Net Payables | Net Payables | -0.22 |
CBLO | CBLO | 2.49 |
MF Units | MF Units | 97.73 |
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Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Axis Gold Fund Regular-IDCW 21.45 500.49 3.09 19.69 13.90 12.23 SBI Gold Fund-IDCW 21.44 1,878.67 3.29 19.76 13.93 12.19 Kotak Gold Fund Regular-IDCW 28.26 1,846.08 3.57 20.06 13.45 11.88 ICICI Prudential Regular Gold Savings Fund (FOF)-IDCW 22.71 999.15 3.29 20.19 13.87 11.90 Invesco India Gold ETF FoF-IDCW 20.87 74.39 3.35 20.66 13.75 12.28
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
10.64VS11.07Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
Low Volatality
0.91VS0.96Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.59VS0.56Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
6.89VS6.46Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
0.09VS-0.32Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
11.84VS11.73Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Axis Mutual Fund News
Fund Manager
- A.P.Aditya PagariaSince Nov 20218 schemes
Mr. Pagaria is a Bachelor in Management Studies and holds a Post Graduate Diploma in Business Management from Institute Of Technology And Management, SK Somaiya College. Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Axis Short Term Fund Regular-IDCW Short Duration 19.26 8,413.57 7.56 Axis Ultra Short Term Fund Regular-IDCW Ultra Short Duration 13.90 4,958.63 6.82 Axis Equity Hybrid Fund Regular-IDCW Aggressive Hybrid 14.55 1,682.75 27.16 Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Regular-IDCW Target Maturity 11.26 Unrated 32.95 8.06 Axis CRISIL IBX SDL May 2027 Index Fund Regular-IDCW Target Maturity 11.48 Unrated 2,180.30 8.13 Axis Nifty SDL September 2026 Debt Index Fund Regular-IDCW Target Maturity 11.37 Unrated 79.57 7.97 Axis Silver FoF Regular-IDCW Silver 14.91 Unrated 43.87 14.13 Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF FoF Regular-IDCW Target Maturity 11.51 Unrated 291.42 7.32
More Axis Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Axis Liquid Fund Regular-Growth | 36,518.03 | 0.60 | 1.86 | 3.75 | 7.32 | 5.74 | |
Axis Liquid Fund Retail-Growth | 36,518.03 | 0.56 | 1.73 | 3.48 | 6.77 | 5.21 | |
Axis ELSS Tax Saver Fund-Growth | 34,895.64 | 5.81 | 12.73 | 16.06 | 27.56 | 11.40 | |
Axis Bluechip Fund-Growth | 32,707.97 | 4.98 | 9.60 | 14.36 | 27.98 | 11.61 | |
Axis Midcap Fund Regular-Growth | 27,747.62 | 9.18 | 24.49 | 27.86 | 46.39 | 22.03 | |
Axis Small Cap Fund Regular-Growth | 20,504.37 | 7.37 | 19.53 | 17.34 | 38.50 | 25.83 | |
Axis Banking & PSU Debt Fund-Growth | 13,660.32 | 0.57 | 1.72 | 3.51 | 6.48 | 5.17 | |
Axis Focused Fund Regular-Growth | 13,341.11 | 6.37 | 11.18 | 14.34 | 23.89 | 8.45 | |
Axis Growth Opportunities Fund Regular-Growth | 12,424.49 | 8.70 | 15.30 | 22.46 | 38.33 | 19.57 | |
Axis Flexi Cap Fund Regular-Growth | 12,011.72 | 7.46 | 16.71 | 19.31 | 33.70 | 14.52 |
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1. Axis Gold Fund is Open-ended Gold Commodities scheme which belongs to Axis Mutual Fund House.
2. The fund was launched on Oct 20, 2011.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to generate returns that closely correspond to returns generated by Axis Gold ETF. "
2. It is benchmarked against Domestic Price of Gold.
Tax Implications on Axis Gold Fund Regular-IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Axis Gold Fund Regular-IDCW
- Is it safe to invest in Axis Gold Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the Axis Gold Fund comes under High risk category.
- What is the category of Axis Gold Fund?Axis Gold Fund belongs to the Commodities : Gold category of funds.
- How Long should I Invest in Axis Gold Fund?The suggested investment horizon of investing into Axis Gold Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Axis Gold Fund?The Axis Gold Fund is managed by Aditya Pagaria (Since Nov 09, 2021).
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