Axis Gold and Silver Passive FoF vs Axis Gold Fund
Direct Plan, Growth option · Data as on 30-10-2026
Axis Gold and Silver Passive FoF is a Fund of Funds fund and Axis Gold Fund is a Fund of Funds fund. Axis Gold and Silver Passive FoF charges 0.12% a year and Axis Gold Fund 0.31% (Direct plans). Their portfolios overlap 58.7%: they hold 1 of the same security.
Axis Gold and Silver Passive FoF
Fund of Funds
- Expense ratio
- 0.12%
- NAV
- ₹9.43
Which is better, Axis Gold and Silver Passive FoF or Axis Gold? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Gold and Silver Passive FoF costs less: 0.12% a year against 0.31% (Direct plans).
- Axis Gold fell less in its worst fall since 01-01-2026: −25.8% against −34.7%.
- Axis Gold is the larger fund: ₹3,134 Cr against ₹551 Cr.
- Their portfolios overlap 58.7%: 1 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Gold and Silver Passive FoF | Axis Gold Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Axis Mutual Fund |
| Category | Fund of Funds | Fund of Funds |
| AUM | ₹551 Cr (30-09-2026) | ₹3,134 Cr (30-09-2026) |
| NAV | ₹9.43 (Direct) | ₹43.87 (Direct) |
| Expense ratio (Direct) | 0.12% | 0.31% |
| Expense ratio (Regular) | 0.58% | 0.55% |
| Riskometer | Very High | High |
| Benchmark | Domestic Price of Gold and Domestic Price of Silver (50:50) | Gold Index |
| Launch date | 29-12-2025 | 20-10-2011 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Pratik Tibrewal, Aditya Pagaria | Aditya Pagaria, Pratik Tibrewal |
| Exit load | Exit load of 0.25%, if redeemed within 15 days. | 1% is payable if Units are redeemed / switched-out within 15 days from the date of allotment |
Axis Gold and Silver Passive FoF vs Axis Gold: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Gold and Silver Passive FoF (Direct) | −10.87% | −8.51% | −14.65% | -- | -- | -- | -- |
| Axis Gold Fund (Direct) | −5.30% | −1.98% | −7.01% | +15.67% | +30.12% | +22.60% | +14.78% |
Axis Gold and Silver Passive FoF vs Axis Gold: Year-wise Returns
| Year | Gold and Silver Passive FoFAxis Gold and Silver Passive FoF | GoldAxis Gold |
|---|---|---|
| 2026to date | -- | +4.78% |
| 2025 | -- | +70.33% |
| 2024 | -- | +19.40% |
| 2023 | -- | +14.78% |
| 2022 | -- | +12.78% |
| 2021 | -- | −4.47% |
Axis Gold and Silver Passive FoF vs Axis Gold: Rolling Returns
Every holding period of both funds
Axis Gold and Silver Passive FoF vs Axis Gold: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Gold and Silver Passive FoF (Direct) | Axis Gold Fund (Direct) |
|---|---|---|
| Return (CAGR) | −7.76% | +10.23% |
| Standard deviation | 45.14% | 16.67% |
| Sharpe ratio | -0.29 | 0.25 |
| Sortino ratio | -0.37 | 0.37 |
| Maximum drawdown | −34.7% (30-10-2026) | −26.1% (18-12-2015) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 01-01-2026 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis Gold and Silver Passive FoF (Direct)
Axis Gold Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Gold and Silver Passive FoF (Direct) | −34.7% | 29-01-2026 | 30-10-2026 | Not yet | -- | −34.7% |
| Axis Gold Fund (Direct) | −25.8% | 29-01-2026 | 23-03-2026 | Not yet | -- | −22.0% |
From daily values since 01-01-2026, the first day every fund has.
Axis Gold and Silver Passive FoF vs Axis Gold: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Gold and Silver Passive FoF, September 2026; Axis Gold Fund, September 2026
Holdings in common
- Overlap
- 58.7%
- Held by both
- 1
- Only in Axis Gold and Silver Passive FoF
- 1
- Only in Axis Gold
- 0
| Security | % of Axis Gold and Silver Passive FoF | % of Axis Gold |
|---|---|---|
| Axis Gold ETF | 58.68% | 100.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 58.7% means 58.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Gold and Silver Passive FoF
| Security | % of fund |
|---|---|
| Axis Silver ETF | 41.33% |
Largest holdings only in Axis Gold Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Gold and Silver Passive FoF | Axis Gold |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 0.0% | 0.0% |
| Cash and others | 100.0% | 100.0% |
Axis Gold and Silver Passive FoF vs Axis Gold: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Gold and Silver Passive FoF | Axis Gold Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.12% | 0.31% |
| Base expense ratio (Direct) | 0.09% | 0.25% |
| Total expense ratio (Regular) | 0.58% | 0.55% |
| Base expense ratio (Regular) | 0.49% | 0.46% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Axis Gold and Silver Passive FoF vs Axis Gold Fund: Frequently Asked Questions
What is the difference between Axis Gold and Silver Passive FoF and Axis Gold Fund?
Axis Gold and Silver Passive FoF is a Fund of Funds fund, Axis Gold Fund is a Fund of Funds fund, run by Axis Mutual Fund. Their portfolios overlap 58.7%. Axis Gold and Silver Passive FoF charges 0.12% a year and Axis Gold Fund 0.31%.
Which has the lower expense ratio, Axis Gold and Silver Passive FoF or Axis Gold Fund?
Axis Gold and Silver Passive FoF charges less: 0.12% a year against 0.31%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Gold and Silver Passive FoF and Axis Gold Fund overlap?
58.7%. They hold 1 of the same securities, the largest shared ones being GOLDAXIS. From each fund's latest monthly portfolio.
Which is riskier, Axis Gold and Silver Passive FoF or Axis Gold Fund?
On SEBI's riskometer, Axis Gold and Silver Passive FoF is rated Very High and Axis Gold Fund High. Over their common history, the standard deviation of daily returns was 45.14% and 16.67% a year.
Can I invest in both Axis Gold and Silver Passive FoF and Axis Gold Fund?
Yes. 58.7% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis Gold and Silver Passive FoF and Axis Gold Fund?
Axis Gold and Silver Passive FoF: Pratik Tibrewal, Aditya Pagaria. Axis Gold Fund: Aditya Pagaria, Pratik Tibrewal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.