LIC MF Gold ETF

The LIC MF Gold ETF, managed by LIC Mutual Fund Asset Management Limited, is an open-ended passive fund aimed at replicating the performance of gold in domestic prices through physical gold investments.

Adopting a passive investment strategy, the ETF seeks to minimize tracking error relative to its benchmark, the Domestic Price of Gold, ensuring alignment with gold market movements.

The portfolio is heavily concentrated in physical gold, comprising 98.15% of assets, with minimal exposure to cash and receivables, highlighting a focused strategy on gold-related instruments.

The fund has demonstrated strong performance with a 1Y return of +50.8%, and impressive CAGR figures of 30.99% over 3 years and 18.22% over 5 years, indicating robust growth.

With a fund size of ₹526.97 Cr and an expense ratio of 0.41%, the ETF is efficiently managed by Mr. Sumit Bhatnagar, who brings 25 years of experience to the fund.