COMPARE
HDFC Gold ETF Fund of Fund - Direct Plan vs Tata Multi Sector Passive FOF Direct Plan Growth Option
HDFC Gold ETF Fund of Fund and Tata Multi Sector Passive FOF are both in the FoF Domestic category, from HDFC Asset Management Company Limited and Tata Asset Management Limited respectively. HDFC Gold ETF Fund of Fund has the lower expense ratio. See the full table and FAQ below for the complete real-data comparison.
Basics
HDFC Gold ETF Fund of Fund has the lower direct-plan expense ratio, by 0.15 percentage points.
| HDFC Gold ETF Fund of Fund - Direct Plan | Tata Multi Sector Passive FOF Direct Plan Growth Option | |
|---|---|---|
| Category | FoF Domestic | FoF Domestic |
| AMC | HDFC Asset Management Company Limited | Tata Asset Management Limited |
| Benchmark | Domestic Gold Price (GOLDBEES) | Nifty 500 TRI |
| NAV | ₹44.1363 (2026-10-28) | ₹9.3129 (2026-10-28) |
| AUM | ₹11,714.865 Cr | - |
| Expense Ratio (Direct) | 0.2% | 0.35% |
| Inception | 2011-10-07 | 2026-06-22 |
Returns
This is a fund of funds. Its returns come from the schemes it holds, which report their own histories.
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
Tata Multi Sector Passive FOF has the stronger Punji Quality grade of the two.
Frequently asked questions
Which has a lower expense ratio, HDFC Gold ETF Fund of Fund or Tata Multi Sector Passive FOF?
HDFC Gold ETF Fund of Fund's direct-plan expense ratio is 0.15 percentage points lower than Tata Multi Sector Passive FOF'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 HDFC Gold ETF Fund of Fund and Tata Multi Sector Passive FOF 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 fund has a longer track record, HDFC Gold ETF Fund of Fund or Tata Multi Sector Passive FOF?
HDFC Gold ETF Fund of Fund launched on 2011-10-07, making it older than Tata Multi Sector Passive FOF (launched 2026-06-22). 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.