The Tata Gold Exchange Traded Fund, managed by Tata Asset Management Limited, aims to mirror the performance of physical gold in domestic prices through an open-ended investment scheme.

Utilizing a tracking approach aligned with the domestic price of gold, the fund seeks to minimize tracking error while achieving its investment objective effectively.

With a substantial concentration in gold physical assets, 97.63% allocated to Purity 995, the fund carries inherent risks associated with such concentrated holdings.

Over the past year, the fund registered a change of +1.7%, reflecting its performance against gold prices, although long-term CAGR data remains unavailable.

The fund's size of ₹939.1 Cr and a competitive expense ratio of 0.38% suggest operational efficiency, while experienced managers enhance its strategic oversight.