Zerodha Gold ETF

The Zerodha Gold ETF, managed by Zerodha Asset Management Private Limited, is an open-ended passive scheme aiming to replicate the returns of physical gold through direct investment in gold bars.

This ETF tracks the domestic price of physical gold, employing a straightforward strategy focused on maintaining a close correlation with gold price movements, ensuring efficient tracking of the benchmark.

The fund predominantly invests in physical gold, with 97.42% allocated to GOLD .995 1KG BAR, indicating a high concentration in gold assets, which may introduce concentration risk.

Over the past year, the ETF has demonstrated impressive performance, with a return of +50.7%, supported by a low tracking error of 0.34%, highlighting its effective management and alignment with gold prices.

With an AUM of ₹366.41 Cr and a low expense ratio of 0.23%, the fund is accessible and cost-effective, managed by experienced professionals since early 2024, ensuring robust operational integrity.