MonitorDirect · GrowthWatch before adding
Invesco India Gold ETF Fund of Fund
Invesco Mutual FundFund of Funds Scheme (Domestic) - Fund of Funds Scheme (Domestic)13.8 years
The fund aims to provide returns that closely correspond to the return provided by Religare Gold Exchange Traded Fund.
- NAV
- 41.8209
- 5 Nov 2026
- 1Y
- +19.2%
- Trailing CAGR
- AUM
- ₹507.17 Cr
- 30 Sept 2026
- Volatility
- High
- 22.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 5 Nov 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 56% of rolling 1-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Baroda BNP Paribas Gold ETF Fund of Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.12% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -33.3%. Ask whether you can hold through a similar fall.
Vs category
Watch
53% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Abhisek Bahinipati · 1.0 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 100.0% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+19.2%
- 3Y+31.5%
- 5Y+23.5%
- 10Y+15.4%
- SI+10.5%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.5%
- 3Y+30.0%
- 5Y+26.9%
- 10Y+19.8%
- Since inception
- +10.5%
- Calendar-day CAGR
- Excess 1Y
- +14.3%
- Category median, same plan and option
- 3Y win rate
- +53%
- Windows beating the median
- 3Y percentile
- 69
- Vs comparable share classes
- SIP 3Y XIRR
- +30.0%
- Simulated monthly SIP
- Worst rolling 3Y
- -11.8%
- 2672 daily-ending windows
- Median rolling 3Y
- +10.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +92%
- 2179 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -33.3%
- Worst peak-to-trough
- Current
- -18.2%
- Below last peak
- Current spell
- 280 days
- Days below latest peak
- Time below peak
- +96%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 36 days
- 76 recovered episodes
- Longest recovery
- 1141 days
- Trough to prior peak
29 Aug 2013 – 8 Mar 2019
Trough 22 Jan 2016 · recovered in 1141 days
-33.3%
29 Jan 2026 – open
Trough 23 Mar 2026 · not recovered
-24.4%
7 Aug 2020 – 2 Feb 2023
Trough 31 Mar 2021 · recovered in 673 days
-22.1%
3 Jan 2013 – 26 Aug 2013
Trough 28 Jun 2013 · recovered in 59 days
-19.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
69
Vs category
100
Consistency
55
Risk-adjusted
40
Drawdown
17
Mean
56
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 56% of rolling 1-year windows.
- Three-year return is above the category median.
Portfolio
30 Sept 2026 · 2 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- 95.3%
- Effective holdings
- 1.1
Invesco India Gold ETF
Unspecified
95.3%
Repo
Unspecified
4.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Baroda BNP Paribas Gold ETF Fund of Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +17.2%
- 3Y
- n/a
- Vol
- 33.0%
- Max DD
- -26.0%
- Sharpe
- 0.87
- 3Y win
- n/a
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Higher volatility · Lower trailing returns
Aditya Birla Sun Life Silver ETF FOF
Aditya Birla Sun Life Mutual Fund
- 1Y
- +26.1%
- 3Y
- +35.8%
- Vol
- 34.4%
- Max DD
- -52.7%
- Sharpe
- 0.67
- 3Y win
- +85%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Axis Multi Factor Passive FoF
Axis Mutual Fund
- 1Y
- -2.0%
- 3Y
- +9.2%
- Vol
- 12.4%
- Max DD
- -22.0%
- Sharpe
- 0.33
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Axis Silver Fund of Fund
Axis Mutual Fund
- 1Y
- +27.1%
- 3Y
- +36.2%
- Vol
- 35.2%
- Max DD
- -53.0%
- Sharpe
- 0.86
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Mirae Asset Nifty 100 ESG Sector Leaders Fund of Fund
Mirae Asset Mutual Fund
- 1Y
- -3.9%
- 3Y
- +9.7%
- Vol
- 14.0%
- Max DD
- -17.9%
- Sharpe
- 0.42
- 3Y win
- +19%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns