
The scheme will mainly invest in units of Gold ETFs and Silver ETFs, offering a balanced allocation to both commodities.Axis Mutual Fund has launched the 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) opened for subscription on December 10, 2025 and will close on December 22, 2025. The FoF offers a convenient and transparent way to participate in the performance of gold and silver—two globally recognised stores of value—through a single investment vehicle. The scheme will mainly invest in units of Gold ETFs and Silver ETFs, offering a balanced allocation to both commodities.
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."