Axis Mutual Fund has announced the launch of Axis Gold & Silver Passive Fund of Fund, an open-ended FoF investing in units of gold and silver ETFs. The scheme aims to provide disciplined and transparent commodity exposure aligned with market benchmarks.
According to Axis AMC, the fund eliminates challenges associated with physical commodity ownership, including storage, security, and high transaction costs. Passive investing through a FoF structure also removes human bias in allocation while offering cost efficiency and operational simplicity.
The benchmark for the scheme is the domestic price of gold and domestic price of silver (50:50). The NFO is available for subscription until December 22, 2025.
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.”
