Axis Mutual Fund has launched Axis Gold & Silver Passive FoF, offering investors an opportunity to invest in gold and silver ETFs through a single open-ended fund of funds structure. The NFO will remain open until December 22, 2025.
The fund aims to provide transparent pricing, portfolio diversification, and cost efficiency by tracking the domestic prices of gold and silver in a 50:50 allocation. Axis AMC highlighted that passive FoF investing removes allocation bias and offers a disciplined investment approach aligned with benchmarks.
The scheme features a ₹100 minimum investment, an exit load of 0.25% within 15 days, and nil thereafter. It will be jointly managed by Mr. Pratik Tibrewal and Mr. Aditya Pagaria.
Commenting on the launch, B. Gopkumar, MD & CEO, Axis AMC, said:
“Gold and silver have historically served as effective hedges against inflation and currency volatility, while also offering diversification benefits to portfolios. With Axis Gold & Silver Passive FoF, we are providing investors a simple and cost-efficient way to gain exposure to these precious metals without the complexities of physical ownership.”
Axis AMC stated that investors are advised to refer to the Scheme Information Document (SID) for details on investment strategy, risks, and expenses.
