COMPARE
Bandhan Income Plus Arbitrage Active FOF - Direct Plan - Growth vs HDFC Gold ETF Fund of Fund - Direct Plan
Bandhan Income Plus Arbitrage Active FOF and HDFC Gold ETF Fund of Fund are both in the FoF Domestic category, from Bandhan AMC Limited and HDFC Asset Management Company Limited respectively. Bandhan Income Plus Arbitrage Active FOF has posted a higher 3-year rolling CAGR. Bandhan Income Plus Arbitrage Active FOF has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
Bandhan Income Plus Arbitrage Active FOF has the lower direct-plan expense ratio, by 0.16 percentage points.
| Bandhan Income Plus Arbitrage Active FOF - Direct Plan - Growth | HDFC Gold ETF Fund of Fund - Direct Plan | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | Bandhan AMC Limited | HDFC Asset Management Company Limited |
| Benchmark | NIFTY Composite Debt Index 60% + Nifty 50 Arbitrage TRI 40% | Domestic Gold Price (GOLDBEES) |
| NAV | ₹49.4206 (2026-10-28) | ₹44.1363 (2026-10-28) |
| AUM | ₹1,879.343 Cr | ₹11,714.865 Cr |
| Expense Ratio (Direct) | 0.04% | 0.2% |
| Inception | 2004-08-09 | 2011-10-07 |
Returns
Bandhan Income Plus Arbitrage Active FOF leads on 3-year rolling CAGR (7.7% vs HDFC Gold ETF Fund of Fund's 10.9%) - see the FAQ below for percentile context within each fund's own category.
Risk Metrics
This is a fund of funds. Its risk profile belongs to the schemes it holds, not to a benchmark of its own.
Portfolio Analytics
Punji Fund Health Score
HDFC Gold ETF Fund of Fund has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a higher 3-year return, Bandhan Income Plus Arbitrage Active FOF or HDFC Gold ETF Fund of Fund?
Bandhan Income Plus Arbitrage Active FOF's 3-year rolling CAGR of 7.7% is higher than HDFC Gold ETF Fund of Fund's 10.9%. Bandhan Income Plus Arbitrage Active FOF sits in the 15th percentile of its category on this metric, versus the 32nd percentile for HDFC Gold ETF Fund of Fund - though note both funds may belong to different categories with different medians, so a raw CAGR comparison doesn't account for how each fund performed relative to its own peers. A higher historical return also doesn't necessarily mean lower risk; check the risk metrics below before concluding either fund is the "better" choice.
Which has a lower expense ratio, Bandhan Income Plus Arbitrage Active FOF or HDFC Gold ETF Fund of Fund?
Bandhan Income Plus Arbitrage Active FOF's direct-plan expense ratio is 0.16 percentage points lower than HDFC Gold ETF Fund of Fund's. Over long holding periods, a persistent expense-ratio gap compounds into a materially different final corpus even if the two funds' gross returns are similar - it's one of the few fund attributes you can compare with total certainty upfront, unlike future returns, since the fee is contractually fixed rather than a historical estimate.
Why don't Bandhan Income Plus Arbitrage Active FOF and HDFC Gold ETF Fund of Fund show risk metrics like Sharpe ratio or alpha?
This is a fund of funds. Its risk profile belongs to the schemes it holds, not to a benchmark of its own. This is a deliberate methodology choice, not missing data - risk metrics like alpha and Sharpe ratio are most meaningful for actively-managed funds where a manager makes decisions that can add or subtract value versus a benchmark. For a fund that mechanically tracks an index, the equivalent useful metric is tracking error (how closely it follows its index), not alpha.
Which has higher AUM, Bandhan Income Plus Arbitrage Active FOF or HDFC Gold ETF Fund of Fund?
HDFC Gold ETF Fund of Fund has ₹11,715 Cr in assets under management, versus ₹1,879 Cr for Bandhan Income Plus Arbitrage Active FOF. A larger AUM generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but an AUM that's very large relative to a fund's category and strategy (especially in small/mid cap categories, where the investable universe is smaller) can also make it harder for a manager to enter and exit positions without moving the price - bigger isn't automatically better, especially for less liquid categories.
Which fund has a longer track record, Bandhan Income Plus Arbitrage Active FOF or HDFC Gold ETF Fund of Fund?
Bandhan Income Plus Arbitrage Active FOF launched on 2004-08-09, making it older than HDFC Gold ETF Fund of Fund (launched 2011-10-07). A longer track record means more real market cycles (bull runs, corrections, rate cycles) the fund has actually navigated, which is useful context for judging consistency - but it isn't a guarantee of future performance, and a newer fund isn't automatically worse, especially if it's run by an experienced manager or team with a track record at a prior fund.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.