Aditya Birla Sun Life Gold ETF

The Aditya Birla Sun Life Gold ETF, managed by Aditya Birla Sun Life Asset Management Company Limited, aims to replicate gold performance, operating as an open-ended passive investment scheme.

This ETF tracks the domestic price of physical gold, employing a strategy focused on minimizing tracking errors, which currently stands at 0.23%, ensuring alignment with its benchmark.

The portfolio is heavily concentrated in gold, with 98.66% allocation, and a minor 1.34% in cash and current assets, indicating a strong focus on gold as a primary investment.

Performance has been robust, with a 1-year return of +51.8%, and a 3-year CAGR of +31.0%, reflecting the ETF's effectiveness in tracking gold's price movements amidst market fluctuations.

With an AUM of ₹885.41 Cr and an expense ratio of 0.47%, the fund is efficiently managed by Mr. Sachin Wankhede, who has 3.6 years of experience in this role.