Axis Gold ETF vs LIC MF Gold Exchange Traded Fund
Axis Gold ETF and LIC MF Gold Exchange Traded Fund head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Gold ETF schemes — see the best gold etfs for the full ranking.
Head to head
NAVs as of 12 Oct 2026
Growth of ₹100 (rebased over the selected window)
Common period 31 Jul 2023 – 12 Oct 2026, limited by LIC MF Gold Exchange Traded Fund. Every series is rebased to ₹100 at the start of this window. Benchmark lines are the category index WealthTicker measures against, which is not always the benchmark the scheme itself declares — the fund page’s Scheme Info names that one.
View as table
| Date | Axis Gold ETF | LIC MF Gold Exchange Traded Fund | Gold |
|---|---|---|---|
| 31 Jul 2023 | ₹100.00 | ₹100.00 | ₹100.00 |
| 05 Nov 2023 | ₹102.86 | ₹102.91 | ₹102.25 |
| 11 Feb 2024 | ₹104.60 | ₹104.69 | ₹104.72 |
| 18 May 2024 | ₹122.23 | ₹122.94 | ₹122.31 |
| 24 Aug 2024 | ₹118.87 | ₹119.33 | ₹118.93 |
| 29 Nov 2024 | ₹127.40 | ₹127.80 | ₹126.90 |
| 07 Mar 2025 | ₹142.50 | ₹143.20 | ₹142.54 |
| 12 Jun 2025 | ₹160.33 | ₹162.02 | ₹160.66 |
| 17 Sep 2025 | ₹180.45 | ₹181.49 | ₹180.12 |
| 24 Dec 2025 | ₹223.71 | ₹224.79 | ₹223.47 |
| 31 Mar 2026 | ₹240.31 | ₹238.90 | ₹239.22 |
| 07 Jul 2026 | ₹234.78 | ₹236.48 | ₹234.07 |
| 12 Oct 2026 | ₹240.88 | ₹242.83 | ₹239.32 |
| Metric | Axis NAV ₹122.36 Moderately High risk ★★★☆☆ | LIC NAV ₹132.41 Moderately High risk ★★★★★ | Category median Gold ETF · 25 funds |
|---|---|---|---|
| +20.85% | +21.46%Best in row | +21.01% | |
| +35.30% | +35.67%Best in row | +35.24% | |
| +24.54% | — | +24.54% | |
| +15.86% | — | +16.12% | |
| +12.03% | +31.94% | +21.76% | |
| +29.07% | +33.92%Best in row | — | |
| +9.62% | +36.02%Best in row | +12.36% | |
| +8.96% | — | +9.61% | |
| +8.75% | — | +8.85% | |
| Risk | |||
| 19.37%Best in row | 19.77% | 19.77% | |
| 1.49 | 1.48 | 1.48 | |
| 2.12 | 2.08 | 2.11 | |
| -29.57% | -20.22% | -22.15% | |
| -1.15% | +0.01%Best in row | -1.27% | |
| 1.06 | 1.03 | 1.06 | |
| 100.3% | 103.1%Best in row | 100.0% | |
| 98.6%Best in row | 106.3% | 98.2% | |
| 0.52% | 0.45%Best in row | 0.50% | |
| ₹5,471Cr | ₹1,441Cr | ₹1,709Cr | |
| — | None | — | |
| — | None | — | |
| Aditya Pagaria | Sumit Bhatnagar · 0.5y | — | |
| 16 Nov 2010 | 31 Jul 2023 | — | |
| 2.0% | 1.9% | — | |
6 rows carry the same value for every fund — show
- Benchmark
- Gold
- Min SIP
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Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.
Frequently asked questions
Which fund has delivered higher returns — Axis Gold ETF or LIC MF Gold Exchange Traded Fund?
Over the last 3 years, LIC MF Gold Exchange Traded Fund returned +35.67% CAGR against Axis Gold ETF's +35.30%, computed from AMFI NAV history. Past returns don't guarantee future performance.
Which fund is cheaper — Axis Gold ETF or LIC MF Gold Exchange Traded Fund?
LIC MF Gold Exchange Traded Fund has the lower expense ratio: Axis Gold ETF charges 0.52% a year against LIC MF Gold Exchange Traded Fund's 0.45%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.
Which fund is riskier — Axis Gold ETF or LIC MF Gold Exchange Traded Fund?
LIC MF Gold Exchange Traded Fund has shown higher volatility (+19.77% annualized vs Axis Gold ETF's +19.37%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Gold ETF -22.25% vs LIC MF Gold Exchange Traded Fund -20.22%.
Which fund manages more money — Axis Gold ETF or LIC MF Gold Exchange Traded Fund?
Axis Gold ETF is the larger fund: Axis Gold ETF manages ₹5,471Cr against LIC MF Gold Exchange Traded Fund's ₹1,441Cr in assets. Size cuts both ways — scale lowers costs, but a very large fund can find it harder to move in and out of positions.
Are Axis Gold ETF and LIC MF Gold Exchange Traded Fund in the same category?
Yes — both are Gold ETF schemes, so their returns, risk and cost are directly comparable against the same peer set.
Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.