The LIC MF Gold ETF, managed by LIC Mutual Fund Asset Management Limited, aims to replicate gold's performance in domestic prices through a passive investment strategy, focusing on physical gold.

This ETF tracks the domestic price of gold, employing a strategy that minimizes tracking error, with a notable tracking error of 0.25%, ensuring close alignment with its benchmark.

The portfolio is heavily concentrated in gold, with 98.29% allocated to physical gold and 1.71% in cash and receivables, indicating a strong focus on gold as the primary asset.

Remarkably, the fund has delivered a one-year return of +55.7% and a three-year CAGR of 31.9%, illustrating robust performance in a rising gold market context.

With an AUM of ₹708.81 Cr and an expense ratio of 0.41%, the fund is efficiently managed by Mr. Sumit Bhatnagar, who brings 25 years of experience to the table.