Coimbatore, December 11: Axis Mutual Fund, one of India’s leading asset management companies, today announced the launch of Axis Gold & Silver Passive Fund of Fund (FoF), an open-ended fund of funds scheme investing in units of gold and silver exchange traded funds (ETFs). The New Fund Offer (NFO) will open for subscription on December 10, 2025 and close on December 22, 2025. The Axis Gold & Silver Passive FoF offers investors a convenient and transparent way to participate in the performance of gold and silver—two globally recognized stores of value—through a single investment vehicle. The scheme will predominantly invest in units of Gold ETFs and Silver ETFs, offering a balanced allocation to both commodities.

Speaking 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.”

The Axis Gold & Silver Passive FoF is designed as an open-ended fund of funds scheme that invests primarily in units of Gold ETFs and Silver ETFs, ensuring investors gain exposure to both metals in a single product. The scheme will benchmark its performance against the domestic price of gold and silver in equal proportion (50:50), reflecting its balanced approach. Accessibility is a core feature of this fund—the minimum application amount during the NFO is just ₹100, making it suitable for a wide range of investors. The fund will be jointly managed by Pratik Tibrewal and Aditya Pagaria.