Whoever said wishes don’t come true hasn’t explored our offers!
  • Top 10 Gold ETFs in India

    Gold Exchange Traded Funds (ETFs) are being traded in India since March 2007. Benchmark Asset Management Company Private Ltd. was the first to put in the proposal for gold ETF with the Securities and Exchange Board of India (SEBI). However, that is no longer offered on the exchange.

    Gold ETF schemes in India

    In the 9 years since the gold ETFs began trading in Indian stock exchanges, many financial firms have begun offering gold ETF schemes. The following 13 gold ETF schemes are available in India:

    1. Birla Sun Life Gold ETF
    2. Goldman Sachs Gold ETF
    3. Religare Invesco Gold ETF
    4. Quantum Gold Fund
    5. SBI Gold ETF
    6. IDBI Gold ETF
    7. R*Shares Gold ETF
    8. Axis Gold ETF
    9. Kotak Gold ETF
    10. ICICI Prudential Gold ETF
    11. UTI Gold ETF
    12. HDFC Gold ETF
    13. Can Gold ETF

    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:

    • 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.
    • 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.
    • Returns: The profits or income made by an ETF scheme or portfolio is known as returns.

    Top 10 gold ETFs in India in 2016

    It may be difficult to determine the best 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)

    1. Goldman Sachs Gold BEes
    2. The best Gold Exchange Traded Fund in India according to AUM figures is the Goldman Sachs Gold BEes. At the end of December 2015, Goldman Sachs Gold BEes had a declared AUM figure of Rs. 1,636.65 crore. The NAV of this scheme stood at Rs. 2,726.76 per unit on February 11, 2016.

      Its average returns on the gold ETF schemes are as below:

      Duration

      Returns in %

      1 month

      13.5

      3 month

      15.5

      6 month

      14.7

      1 year

      7.5

      2 year

      1.2

      3 year

      -1.7

      5 year

      6.8

    3. R*Shares (Reliance) Gold ETF
    4. Reliance Mutual Fund’s R*Shares Gold ETF has the next best AUM of Rs. 1,304.84 crore, at the end of December 2015. The NAV of this scheme on February 11, 2016 was Rs. 2,652.32 per unit. The product’s returns on the scheme are as below:

      Duration

      Returns in %

      1 month

      13.6

      3 month

      15

      6 month

      15

      1 year

      7.2

      2 year

      -0.7

      3 year

      -1.9

      5 year

      6.8

    5. SBI Gold ETF
    6. State Bank of India Mutual Fund’s SBI ETF Gold scheme registered an AUM of Rs. 917.58 crore in December 2015. Its NAV was Rs. 2,797.71 per unit on February 11, 2016. Returns on this scheme are given below:

      Duration

      Returns in %

      1 month

      13.5

      3 month

      15.5

      6 month

      15

      1 year

      7.3

      2 year

      1.1

      3 year

      -1.7

      5 year

      7

    7. HDFC Gold ETF
    8. HDFC Mutual Fund’s HDFC Gold ETF is a product that declared Rs. 561.67 crore at the end of 2015. The Net Asset Value of this product was Rs. 2,778.18 per unit on February 11, 2016. The scheme generally provides returns on your investment as below:

      Duration

      Returns in %

      1 month

      13.5

      3 month

      15.4

      6 month

      14.3

      1 year

      7

      2 year

      0.9

      3 year

      -1.9

      5 year

      6.7

    9. UTI Gold ETF
    10. UTI Mutual Fund’s UTI Gold ETF has an AUM of Rs. 446.30 crore, as in December 2015. Its NAV was Rs. 2,729.72 per unit as on February 11, 2016. Returns on the scheme are as below:

      Duration

      Returns in %

      1 month

      13.6

      3 month

      15.5

      6 month

      14.7

      1 year

      7.1

      2 year

      1

      3 year

      -1.9

      5 year

      6.8

    11. Axis Gold ETF
    12. Axis Mutual Fund’s Axis Gold ETF registered an AUM of Rs. 241.48 crore in December 2015. The NAV of this scheme stood at Rs. 2,777.86 per unit on February 11, 2016. This scheme gives returns as below:

      Duration

      Returns in %

      1 month

      13.4

      3 month

      15.4

      6 month

      14.6

      1 year

      7.2

      2 year

      1

      3 year

      -1.9

      5 year

      6.7

    13. ICICI Prudential Gold ETF
    14. ICICI Prudential Mutual Fund’s ICICI Prudential Gold ETF declared Rs. 113.44 crore at the end of 2015. The NAV of this scheme on February 11, 2016 was Rs. 2,813.84 per unit. The scheme provides returns as below:

      Duration

      Returns in %

      1 month

      13.5

      3 month

      15.4

      6 month

      14.6

      1 year

      7.1

      2 year

      1

      3 year

      -1.7

      5 year

      6.8

    15. IDBI Gold ETF
    16. IDBI Mutual Fund’s IDBI Gold ETF announced an AUM of Rs. 96.70 crore at the end of 2015. The Net Asset Value of this product was Rs. 2,849 per unit on February 11, 2016. Below are the general returns on your investment in the scheme:

      Duration

      Returns in %

      1 month

      13.5

      3 month

      15.4

      6 month

      14.6

      1 year

      7.3

      2 year

      1.1

      3 year

      -1.8

    17. Birla Sun Life Gold ETF
    18. Birla Sun Life’s Gold ETF has an AUM of Rs. 72.26 crore, as in December 2015. Its NAV on February 11, 2016 stood at Rs. 2,854.44 per unit. Returns on the scheme are as below:

      Duration

      Returns in %

      1 month

      13.5

      3 month

      15.8

      6 month

      14.8

      1 year

      7.6

      2 year

      -1.7

      3 year

      -1.7

    19. Canara Robeco Gold ETF
    20. Canara Robeco’s Canara Gold ETF announced an AUM of Rs. 85.93 crore at the end of December 2015. The product’s NAV was Rs. 2,703.88 per unit on February 11, 2016. Below are the firm’s returns, which are the lowest among the Gold Exchange Traded Funds:

      Duration

      Returns in %

      1 month

      9.7

      3 month

      10.6

      6 month

      10.4

      1 year

      3.6

      2 year

      -3.8

      3 year

      -3.6

    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

    News About Top 10 Gold ETF India

    • Gold ETF manages to pull out 79 crore in May

      Skeptical investors pulled out about Rs.75 crore from Gold Exchange Traded Funds in May which turned the total into Rs.148 crore in the first two months of the current financial year mostly on the account of profit booking. Trading in gold ETFs has been lukewarm over the last three years. ETF witnessed an outflow of Rs. 98 crore, Rs. 1,475 crore and Rs. 2,293 crore in 2015-2016, 2014-2015 and 2014-2013.The pace of outflow slowed down quite a bit in the financial year of 2015-2016.

      14th June 2016

    Gold Rate In Metro Cities
    Gold Rate In Other Capitals
    Gold Rate In Other Major Cities
    Gold Rate In States
    Bank Gold Schemes
  • reTH65gcmBgCJ7k - pingdom check string.
    reTH65gcmBgCJ7k - pingdom check string.
    This Page is BLOCKED as it is using Iframes.