SBI Gold ETF

The SBI Gold ETF, managed by SBI Funds Management Limited, aims to deliver returns closely aligned with the price of gold through investments in physical gold, reflecting an open-ended structure.

Utilizing a tracking approach against the price of gold, this ETF effectively replicates gold price movements, with a minimal tracking error of 0.21%, ensuring efficient performance relative to its benchmark.

The portfolio is heavily concentrated in precious metals, with 98.55% allocated to gold, presenting a low diversification risk but a strong focus on the gold market's performance.

In terms of performance, the fund has shown impressive growth, with a one-year return of 51.4% and a three-year CAGR of 30.8%, reflecting robust demand for gold over these periods.

With an AUM of ₹9505.8 Cr and an expense ratio of 0.7%, this ETF offers competitive operational efficiency, managed by Ms. Vandna Soni, who brings 12 years of experience in fund management.