Edelweiss Gold and Silver ETF FoF Hits 41.3% Three-Year CAGR
The Edelweiss Gold and Silver ETF Fund of Fund (FoF) has achieved an impressive performance over the past three years, delivering a 41.3% compound annual growth rate (CAGR). This result places it at the top of its category, outperforming its benchmark significantly.
With assets totaling approximately ₹2,951 crore, the fund invests in underlying gold and silver exchange-traded funds and maintains an expense ratio of 0.21%. While the long-term returns appear strong, investors should be aware that gold-linked funds are subject to market volatility, tracking errors, and are generally best suited for long-term holding rather than short-term gains.
Gold and silver prices are influenced by global factors such as central bank policies, geopolitical tensions, and currency fluctuations. As a result, these funds can experience high volatility, making them often used for portfolio diversification rather than aggressive growth.