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5 star

Axis Gold Fund download report


Commodities: Gold

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

"Gold funds provide returns that are closely in line with the returns provided by gold.

We do not think of gold as a good long-term investment avenue and therefore we believe that investors can avoid these funds altogether. Read this article to know why.

But for those retail investors who'd still prefer to invest in gold, we believe that the Sovereign Gold Bond Scheme offered by the Government of India is a better alternative. This scheme offers a guaranteed return of 2.5 per cent per year over and above the return provided by the price of gold, though the investment cannot be redeemed before a tenure of five years."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Axis Gold-G 5.90 -1.62 0.56 -0.25 -0.64 6.91 5.84 13.67 11.60 8.17 3.44
Commodities: Gold 6.76 -1.48 1.36 0.71 -0.51 7.38 6.91 13.44 11.67 8.77 4.45
Rank within category 19 18 19 19 16 18 17 8 12 20 20
Number of funds in category 21 21 21 21 21 21 21 21 21 21 20

As on 06-Jul-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Gold Fund
5 star
Oct-11 5.84 13.67 11.60 0.65% 262
HDFC Gold Fund  | Invest Online
4 star
Nov-11 6.10 12.92 11.49 0.57% 1,361
Kotak Gold Fund Regular Plan  | Invest Online
5 star
Mar-11 5.33 13.66 11.48 0.55% 1,299
Nippon India ETF Gold BeES  | Invest Online
Unrated
Mar-07 7.26 13.32 11.87 0.83% 6,683
ICICI Prudential Gold Exchange Traded Fund  | Invest Now
Unrated
Aug-10 7.97 13.59 11.84 0.50% 3,439

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 15.22 08-Apr-2020 - 15-Apr-2020 -11.64 10-Apr-2013 - 17-Apr-2013
Month 27.39 16-Mar-2020 - 15-Apr-2020 -12.09 19-Mar-2013 - 18-Apr-2013
Quarter 30.92 15-Jan-2020 - 15-Apr-2020 -16.60 28-Mar-2013 - 28-Jun-2013
Year 62.79 16-Apr-2019 - 15-Apr-2020 -19.58 14-Nov-2013 - 14-Nov-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Axis Gold-G 14.03 14.83 0.71 1.74 0.96 0.44
Commodities: Gold 13.31 14.59 0.67 1.49 0.97 -0.35
Rank within category 1 18 2 1 8 1
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2022

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Others CBLO -- - 0.93

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Aditya Pagaria since 09-Nov-2021

Education: 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.

Experience: Prior to joining Axis AMC he was associated with ICICI Prudential AMC (Nov 2011-Jul 2016) as Fund Manager - Fixed Income Operations.

Funds Managed:


-1.62%

Change from previous, NAV as on 06-Jul-2022

Growth: ₹ 15.6063

IDCW: ₹ 15.6261


Investment Strategy

The scheme seeks to generate returns that closely correspond to returns generated by Axis Gold ETF.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 100
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 20-Oct-2011
Return Since Launch: 4.24%
Benchmark: Domestic Price of Gold
Riskometer: High
Type: Open-ended
Assets: ₹ 262 Cr (As on 31-May-2022)
Expense: 0.65% (As on 31-May-2022)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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