The Baroda BNP Paribas Gold ETF, managed by Baroda BNP Paribas Asset Management, aims to replicate the domestic price of gold through passive investment in physical gold, targeting returns before expenses.

This ETF tracks the domestic price of gold, utilizing a replication strategy to ensure that investment returns closely align with gold prices, while acknowledging the potential for tracking errors and expenses.

The portfolio predominantly consists of gold at 97.5%, with minimal exposure to cash and other net current assets, indicating a strong concentration in the gold asset class and associated risks.

Over the past year, the ETF has delivered impressive returns of +54.7%, with a tracking error of 0.36%, reflecting a robust performance in alignment with its gold benchmark.

With a fund size of ₹217.7 Cr and an expense ratio of 0.59%, the ETF is positioned for efficient management, supported by experienced fund managers with a combined 30 years of expertise.