Is Axis Gold Fund good?

Is Axis Gold Fund good?

4 Value Research 13393 8799-13393 Axis Mutual Fund The scheme seeks to generate returns that closely correspond to returns generated by Axis Gold ETF….-0.05\%

Fund House: Axis Mutual Fund
Assets : â‚ą 257 Cr ( As on 30-Nov-2021 )
Expense : 0.61\% ( As on 31-Oct-2021 )
Risk Grade : Average
Return Grade : Above Average

Is gold ETF Safe?

Hedge against inflation: Gold is considered a safe investment because it can be used as a protection against currency fluctuation and inflation. Tax benefits: Gold ETFs older than a year attract long-term capital gains tax. However, there is no VAT, Wealth Tax or Securities Transaction Tax on gold ETFs.

Which is the best gold funds in India?

Some of the top gold funds in India have been given below:

  • HDFC Gold Fund.
  • ICICI Pru Regular Gold Savings Fund.
  • IDBI Gold Fund.
  • Invesco India Gold Fund.
  • Kotak Gold Fund.
  • Quantum Gold Saving Fund.
  • Reliance Gold Savings Fund.
  • SBI Gold Fund.
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What is Axis Gold Direct Plan growth?

The Current Net Asset Value of the Axis Gold Fund – Direct Plan as of 03 Dec 2021 is Rs 15.7054 for Growth option of its Direct plan. The expense ratio of the fund is 0.17\% for Direct plan as on Oct 31, 2021. 5. Axis Gold Fund – Direct Plan shall attract an Exit Load, “Exit load of 1\% if redeemed within 1 year.”

How is Axis gold ETF fund doing in 2021?

The Axis Gold ETF Fund currently holds Assets under Management worth of Rs 481.91 crore as on Jul 31, 2021. 4. The expense ratio of the fund is 0.53\% for Regular plan as on Jul 31, 2021. 5. The given fund doesn’t attract any Exit Load.

Is axaxis gold ETF a good investment option?

Axis Gold ETF can be a good investment option for those who want to create wealth through capital appreciation in the medium to long term. To achieve its goals, the scheme makes investments primarily in gold.

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What are the features of gold exchange?

On The Exchange- The Units of the scheme can be purchase / Sold in minimum lot of 1 unit and in multiples thereof. Capital appreciation over medium to long term. Investment predominantly in gold in order to generate returns similar to the performance of gold, subject to tracking error.