Zerodha Gold ETF

Zerodha Gold ETF

GOLDCASE

A simple and low cost ETF to take gold exposure in your portfolio

AUM

₹51.13Cr

Expense Ratio

0.31%

Risk

High

iNAV

₹11.7680

Ideal for

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Long Term

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Diversification

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Low Cost Investment

About the fund

Scheme

The Zerodha Gold ETF is an exchange-traded fund that aims to track the performance of gold. Gold holds a special place as a culturally significant metal in the hearts and homes of countless Indians. As per the World Gold Council, Indian households collectively hold close to $2 trillion worth of gold.

Gold is often considered to act as a hedge against market volatility as its price generally moves independently of assets like stocks and bonds. Thus introducing gold into your portfolio can potentially reduce overall volatility, providing a more stable path towards achieving your financial objectives.

Backed by physical gold, this ETF offers a simple & optimized way to invest in gold. Investors don’t have to take the hassle of owning, storing, or securing physical gold. Investors can start investing in the Zerodha Gold ETF using their preferred stock broker with an investment amount as low as Rs.10 once listed.

Past Performance

Current value ofinvested once 18 years ago would be
For periods above 1 year, returns are annualized (CAGR). Monthly SIP Returns denotes XIRR. Past performance doesn't guarantee future results. Fund returns may vary due to tracking errors and expenses compared to benchmark returns.

Tax Implication

Gold ETFs are taxed like debt funds. All gains from the units of this Gold ETF will be considered as Short Term Capital Gains (STCG) and will be taxed as per the tax slab of the investor (plus surcharge, if any and 4% cess)

Holdings
As on Apr 15, 2024
Top HoldingsWeightage (%)
Gold 995
96.11 %
Cash & Cash Equivalents
3.89 %
Fund Details
As on Apr 15, 2024
NAV
₹11.5927
Exit Load
0%
Tracking Error
0.39%
Lock-in Period
No
Creation Units
630000
Bloomberg Code
ZGLDETF IN Equity

Fund Manager

Shyam Agarwal

Shyam Agarwal

LinkedIn

Shyam has previously worked across different investment management roles at smallcase & True Beacon. In Shyam's words "Gold enables investors to potentially reduce portfolio volatility and gives a smoother ride towards their financial goals".

Riskometer

high

Riskometer of the scheme

high

Riskometer of the benchmark - Domestic Price of Physical Gold

This product is suitable for investors who are seeking*:

  1. Long term capital appreciation
  2. Investment in gold in order to generate returns similar to the performance of the gold, subject to tracking errors.

Investors should understand that their principal will be at High Risk

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.