Kotak Gold ETF, managed by Kotak Mahindra Asset Management Company Limited, is an open-ended passive scheme aiming to mirror the performance of physical gold at domestic prices, minimizing tracking error.

The ETF employs a passive investment strategy, tracking the prices of gold closely, with a benchmark that directly reflects gold market movements, ensuring alignment with gold price fluctuations.

The portfolio is heavily concentrated in gold, comprising 98.33% of total assets, with minor allocations to triparty repo and net current assets, highlighting potential concentration risk in gold prices.

Over the past year, the fund has delivered an impressive return of +56.6%, with a three-year CAGR of 31.6%, indicating strong performance amidst favorable market conditions for gold assets.

The fund's AUM stands at ₹8315.4 Cr, with a competitive expense ratio of 0.55%, and a tracking error of 0.32%, ensuring efficient management and low cost for investors.