The Baroda BNP Paribas Gold ETF, managed by Baroda BNP Paribas Asset Management India Private Limited, aims to closely track the Domestic Price of Gold through physical gold investments.

Employing a strategy focused on physical gold, this open-ended scheme targets returns that correspond to gold prices, with a benchmark of the Domestic Price of Gold.

With a significant allocation of 97.35% to gold and a minor 2.65% to cash and other assets, the fund exhibits a concentrated investment strategy primarily in gold.

Over the past year, the ETF has delivered an impressive return of +45.2%, with a tracking error of just 0.35%, indicating effective management in aligning with its benchmark.

The fund, with an AUM of ₹179.2 Cr and an expense ratio of 0.59%, is accessible to investors looking for liquidity and exposure to gold through NSE trading.