DSP Gold ETF, managed by DSP Asset Managers Private Limited, is an open-ended fund designed to replicate domestic gold prices, aligning closely with the London Bullion Market Association's daily spot prices.

The ETF employs a passive investment strategy to track the performance of physical gold, ensuring minimal tracking error of 0.31%, thus reflecting the underlying asset's value effectively.

With an impressive 98.12% allocation to gold, the fund exhibits a concentrated asset profile, with minor allocations to reverse repo investments and net receivables, enhancing its focus on gold exposure.

Over the past year, the fund has delivered a remarkable return of +56.3%, showcasing its potential for significant capital appreciation in a favorable market environment for gold investors.

The fund has a robust AUM of ₹899 Cr and a competitive expense ratio of 0.45%, indicating efficient management relative to its size, providing investors with cost-effective exposure to gold.