Nippon India ETF Gold Bees

Nippon India ETF Gold Bees, managed by Nippon Life India Asset Management Limited, is an open-ended passive scheme aiming to replicate the performance of physical gold through strategic investments.

The fund tracks the domestic price of gold, employing a straightforward investment approach that focuses predominantly on physical gold and related securities, ensuring effective benchmark alignment.

With a substantial AUM of ₹23,832.5 Cr, the fund's portfolio is heavily concentrated in gold at 98.67%, posing potential concentration risks while maintaining a minimal allocation to cash and receivables.

Performance metrics reveal impressive growth, with a 1Y return of +51.0%, a 3Y CAGR of +30.5%, and a 5Y CAGR of +16.8%, indicating consistent returns in a favorable gold market.

Managed by Vikram Dhawan since February 2022, the fund features a competitive expense ratio of 0.8% and a low tracking error of 0.21%, enhancing its appeal to investors seeking gold exposure.