Tracking Domestic Prices of Gold
Hefty expense ratio implies reduced returns over the long term
ETF has not been able to closely match its benchmark returns
ETF has been generating better price return than bank FD
Good time to consider, as ETF is not in overbought zone
Axis Asset Management Company Ltd. is the mutual fund investment wing of Axis Bank, the 3rd largest private bank in India. 74.99% share of the AMC is held by Axis Bank while the rest 24% is held by Schroder Singapore Holdings Private Limited.
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