The Edelweiss Gold ETF, managed by Edelweiss Asset Management Limited, is an open-ended passive scheme aiming to mirror the performance of physical gold in domestic prices, subject to tracking error.

This ETF employs a straightforward strategy by closely tracking the domestic prices of physical gold, with a benchmark that reflects the same, ensuring alignment with gold market movements.

The portfolio is heavily concentrated, with 97.64% allocated to gold, indicating a strong focus on this asset class, while minimal allocations to TREPS highlight limited diversification risks.

In the past year, the fund has delivered an impressive return of +50.4%, with a tracking error of just 0.39%, demonstrating effective tracking of its benchmark and strong performance consistency.

With a fund size of ₹293.5 Cr and an expense ratio of 0.45%, the ETF remains cost-efficient, managed by Amit Vora, who brings 16 years of experience to the table.