GMP IPO Watch
Union Gold ETF
Direct Plan · Growth Option · Union Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.69% | -0.78% | 6 of 25 |
| 1M | -4.33% | -4.48% | 5 of 25 |
| 3M | -0.74% | -0.87% | 13 of 25 |
| 6M | -4.30% | -4.51% | 8 of 25 |
| YTD | +5.66% | +5.28% | 12 of 25 |
| 1Y | +16.73% | +16.61% | 12 of 21 |
| INCEPTION | +31.97% | — | — |
Ranked among: Exchange Traded Funds (ETFs) - Gold ETF.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +9.07% | +44.27% | -15.72% | 76% | 32% |
| 6M | +21.37% | +76.24% | -18.99% | 79% | 36% |
| 1Y | +49.20% | +92.70% | +11.10% | 100% | 56% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt0.00%
- Cash100.00%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Gold - Mumbai | Reverse Repo / TREPS | 97.29% | +0.07% |
| Net Receivable / Payable | Net Current Assets | 2.06% | — |
| TREPS | Reverse Repo / TREPS | 0.65% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 26.86 | 26.82 | High Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.43 | 0.43 | Above Average |
| 3Y | 1.08 | 0.87 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.01 | 1.01 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Tracking Difference
Versus Domestic Price of Physical Gold, as of Aug 2026.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Quantum Gold ETF | +17.24% | +31.15% | +23.29% | +12.78% |
| DSP Gold ETF | +16.97% | +31.00% | — | +26.42% |
| Mirae Asset Gold ETF | +16.94% | +31.04% | — | +27.13% |
| ICICI Prudential Gold ETF | +16.94% | +31.16% | +23.37% | +12.02% |
| KOTAK GOLD ETF | +16.90% | +31.05% | +23.29% | +14.39% |
|
UTI - Gold Exchange Traded Fund
Direct Plan · Growth
|
+16.90% | +31.24% | +23.48% | +13.76% |
|
Invesco India Gold Exchange Traded Fund
Regular Plan · Growth
|
+16.89% | +30.94% | +23.38% | +12.65% |
|
ANGEL ONE GOLD ETF
Direct Plan
|
+16.85% | — | — | +23.90% |
|
HDFC Gold ETF
Growth Option
|
+16.82% | +30.99% | +23.25% | +12.15% |
| Edelweiss Gold ETF | +16.79% | — | — | +31.46% |
More From Union Asset Management Company Private Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Union Gold ETF Fund of Fund
Direct Plan · Growth Option
|
+17.00% | — | — | +31.55% |
|
Union Active Momentum Fund
Direct Plan · IDCW Option
|
+15.74% | — | — | +0.32% |
|
Union Small Cap Fund
Direct Plan · Growth Option
|
+14.82% | +15.43% | +16.22% | +16.18% |
|
Union Innovation & Opportunities Fund
Direct Plan · Growth Option
|
+8.71% | +19.25% | — | +17.75% |
|
Union Arbitrage Fund
Direct Plan · IDCW Option
|
+6.65% | +7.17% | +6.60% | +5.78% |
|
Union Money Market Fund
Direct Plan · Growth Option
|
+6.62% | +7.14% | +6.53% | +6.40% |
|
Union Liquid Fund
Direct Plan · Growth Option
|
+6.49% | +6.92% | +6.45% | +6.53% |
|
Union Diversified Equity All Cap Active FOF
Direct Plan · IDCW Option
|
+5.99% | — | — | +7.33% |
|
Union Multicap Fund
Direct Plan · Growth Option
|
+5.87% | +15.07% | — | +17.37% |
|
Union Multi Asset Allocation Fund
Direct Plan · Growth Option
|
+5.71% | — | — | +9.50% |
About This Scheme
Investment Objective
The investment objective of the scheme is to generate returns corresponding to the domestic prices of physical gold before expenses, by investing in physical gold, subject to tracking error. However, there is no assurance that the Investment Objective of the scheme will be achieved.
Stated Asset Allocation
Gold (Includes Physical Gold and other Gold related instruments as permitted by SEBI from time to time)*: 95%- 100% Debt & Money Market Instruments including units of Mutual Funds: 0%- 5%. *In compliance with the clause 3.2.1.5 of SEBI Master circular dated June 27, 2024, the cumulative exposure to gold related instruments i.e., Gold Monetization Scheme (GMS) and ETCD having gold as the underlying shall not exceed 50% of net assets value of scheme. However, within the 50% limit, the investment limit GMS as part of gold related instruments shall not exceed 20% of the net assets value of the scheme. The unutilized portion of the limit for GMS can be utilized for ETCD having gold as the underlying asset. Please refer the Scheme Information Document for more details.
Exit Load
NIL
Fund Managers
FM - Mr. Vinod Malviya
FM-Primary
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.