Top 10 Gold ETFs in India

1. HDFC Gold Exchange Traded Fund 
2. UTI Gold Exchange Traded Fund 
3. Aditya Birla Sun Life Gold ETF 
4. SBI ETF Gold 
5. Quantum Gold Fund 

Choosing the right ETF scheme 

The profitability of Gold Exchange Traded Funds schemes can be determined by looking at the investment profiles of the scheme. The main factors to consider are: 

1. Assets under Management (AUM) - AUM is defined as the market value of all the financial assets that a company manages for its investors. If a company has a high AUM value, it reflects on the high number of clients and portfolios that it handles.
2. Net Asset Value (NAV) - NAV is the value of the company's assets except the value of its liabilities. It is also the ETF's per-share value. NAV is arrived at by dividing the total value of all the securities in a firm's portfolio, except the liabilities, by the number of outstanding fund shares.
3. Returns - The profits or income made by an ETF scheme or portfolio is known as returns.

Top 10 gold ETFs in India

It may be difficult to determine the best gold rates, gold ETF scheme in India because of varying risks. However, looking at the profiles of various ETF schemes on the basis of AUM, NAV and returns, one can arrive at deciding the scheme most profitable for you to invest in. With gold ETFs, short-term returns are higher than long-term returns.

Below are some of the best gold ETF products and their data to help you decide where to put your money in.

(All latest derived data from company websites)

Axis Gold ETF 

Axis Gold ETF is basically an open ended gold commodity scheme from Axis Mutual Fund House. This scheme is perfect for those who are looking for capital appreciation over the long to medium term and investing mainly in precious yellow metal with an aim to generate more returns as compared to gold’s performance. Here are the details of Axis Gold ETF: 

1. NAV: Rs.48.84 
2. Expense Ratio: 0.53% 

1. AUM: Rs.756.85 crore 
2. Risk: High risk 
3. Minimum lump sum investment: Rs.5,000 
4. Returns: 

1. Three Year Returns: 10.87 

1. Five Year Returns: 12.58% 

ICICI Prudential Gold ETF 

ICICI Prudential Gold ETF is second most popular gold ETF and is an open ended commodity scheme which is best for long term investment. This scheme is provided by ICICI Prudential Mutual Funds. ICICI Prudential Gold ETF is perfect scheme for those who are seeking for a long term wealth creation strategy and a gold exchange traded fund that offers investment returns which matches domestic gold prices. 

1. NAV: Rs.50.15 
2. Expenses Ratio: 0.5% 

1. AUM: Rs.3332.52 crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.5,000 
4. Returns: 

1. Three year returns: 10.78% 

1. Five year returns: 12.40% 

IDBI Gold Exchange Traded Fund 

Launched by the IDBI Mutual Fund, IDBI Gold Exchange Traded Fund  which appropriate for those investors who wants to check the gold’s performance at domestic prices through investments done in physical gold as well as gold based debt, securities, and money market instruments over a period of time. 

1. NAV: Rs.5,319.49 
2. Expense Ratio: 0.35% 

1. AUM: Rs.94.67 crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.10,000 
4. Returns: 

1. Three year returns: 11.68% 

1. Five year returns: 13.07% 

Invesco India Gold ETF 

Invesco India Gold ETF is an another popular gold ETF scheme introduced by Invesco Asset Management (India) Private Ltd. The fund comes with no lock in period and has offered 8% of average Return on Investment (ROI) since its inception. This scheme is appropriate for those who are looking for a long term growth which provides return that matches the ROI in actual gold in the national market. 

1. NAV: Rs.5,173.46 
2. Expense Ratio: 0.55% 

1. AUM: Rs.89.3 Crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.5,000 
4. Returns 

1. Three year Returns: 11.64% 

1. Five year Returns: 12.99% 

HDFC Gold Exchange Traded Fund 

Launched and managed by HDFC Asset Management Company Limited, HDFC  Gold Exchange Traded Fund is one of the popular gold ETFs in the country. This product is suitable for those who want long term capital gains that are in line with the gold performance and who invest mainly in fine gold bullion. Here are its key detail: 

1. NAV: Rs.50.29 
2. Expense Ratio: 0.59% 

1. AUM: Rs.3,353.55 core 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.5,000 
4. Returns: 

1. Three year returns: 11.00% 

1. Five year returns: 12.40% 

Kotak Gold ETF 

Kotak Gold ETF is an open ended gold exchange traded fund which invests in gold while following its current market price. Thus, it can be considered as making investment in gold without receiving any. During allocation, each Kotak Gold ETF unit will be equivalent to one gram of gold. 

1. NAV: Rs.49.77 
2. Expense Ratio: 0.55% 

1. AUM: Rs.2,580.36 crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.5,000 
4. Returns:  

1. Three year returns: 11.50% 

1. Five year returns: 12.90% 

UTI Gold Exchange Traded Fund 

UTI Gold ETF is managed by launched by UTI Asset Management Co. Ltd. This product may be of interest to investors that prioritise returns over scheme costs, keep a close eye on the price and yield of gold, and invest primarily in gold and gold-related assets. 

1. NAV: Rs.49.68 
2. Expense Ratio: 1.13% 

1. AUM: Rs.817.90 crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.20,000 
4. Returns: 

1. Three year returns: 11.1% 

1. Five year returns: 12.6% 

SBI ETF Gold 

SBI ETF Gold is one of the best gold ETFs in India. Being an open ended gold commodity scheme, the ETF is managed and launched by SBI Mutual Fund House. This product is perfect for those who are looking for long term capital gain and investment in gold, gold based securities and gold bullion. 

1. NAV: Rs.51.08 
2. Expense Ratio: 0.64% 

1. AUM: Rs.2,824.08 crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.5,000 
4. Returns 

1. Three year returns: 11.6% 

1. Five year returns: 12.9% 

Aditya Birla Sun Life Gold ETF 

Launched by Aditya Birla Sun Life Mutual Fund, Aditya Birla Sun Life ETF mainly invests in physical gold which aims to offer return close to the gold price. This product is perfect for those who are looking for long term gains consistent with gold’s performance and investments in 99.5% pure phsyical gold. 

1. NAV: Rs.52.38 
2. Expense Ratio: 0.54% 

1. AUM: Rs.355.56 crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.5,000 
4. Returns:  

1. Three year returns: 11.6% 

1. Five year returns: 12.9% 

Quantum Gold Fund 

Quantum Gold Fund is launched and managed by Quantum Asset Management Co. Pvt. Ltd. which is best for those investors who want long term returns with investment in physical gold. 

1. NAV: Rs.49.39 
2. Expense Ratio: 0.78% 

1. AUM: Rs.154.60 crore 
2. Risk: High Risk 
3. Minimum Lump Sum Investment: Rs.500 
4. Returns 

1. Three year returns: 11.4% 

1. Five year returns: 12.7%  

Gold ETFs are a great portfolio if invested into with caution. You may not want to invest all your money on this, because gold ETFs are not very profitable in long-term investment. However, they are good to include in your investment portfolio for diversification and to ensure a safety net against sudden slumps in equities.

Read More on Gold