The Zerodha Gold ETF, managed by Zerodha Asset Management Private Limited, aims to replicate the domestic price of physical gold, utilizing a passive investment strategy focused on gold assets.

This ETF tracks the domestic price of physical gold, primarily investing in gold bars while maintaining a minimal allocation to cash equivalents, ensuring alignment with its benchmark performance.

The fund's portfolio is heavily concentrated in gold assets, with 97.63% in GOLD .995 1KG BAR, indicating potential concentration risk but also a strong alignment with its investment objective.

Over the past year, the ETF has delivered an impressive return of 57.1%, supported by a low tracking error of 0.34%, showcasing its effective tracking of gold price movements.

With an AUM of ₹432.4 Cr and a competitive expense ratio of 0.32%, the fund is positioned for efficient management, offering investors liquidity and minimal costs.