HDFC Gold ETF

The HDFC Gold ETF, managed by HDFC Asset Management Company Limited, aims to replicate the performance of gold, focusing on passive investment strategies with significant tracking error considerations.

Tracking the Domestic Price of Physical Gold, the fund maintains a high allocation of 98.54% in gold, with minimal exposure to cash and equivalents, reflecting a concentrated investment approach.

Over the past year, the ETF has demonstrated impressive performance with a change of +56.6%, while the 3-year CAGR stands at 31.6%, showcasing strong returns relative to gold market dynamics.

The fund exhibits a low tracking error of 0.27%, indicating efficient replication of its benchmark, which enhances its appeal for investors seeking stability in gold investments.

With an AUM of ₹14,052.55 Cr and an expense ratio of 0.59%, the fund presents a cost-effective option for investors, managed by Bhagyesh Kagalkar, a seasoned professional with 30 years of experience.