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HDFC Gold ETF vs LIC MF Gold Exchange Traded Fund

HDFC 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 20 Aug 2026

HDFC Gold ETFLIC MF Gold Exchange Traded Fund2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 31 Jul 202320 Aug 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
Growth of ₹100, sampled across the common period
DateHDFC Gold ETFLIC MF Gold Exchange Traded FundGold
31 Jul 2023₹100.00₹100.00₹100.00
01 Nov 2023₹102.04₹102.67₹102.17
02 Feb 2024₹105.31₹105.55₹105.76
05 May 2024₹118.27₹119.09₹119.38
06 Aug 2024₹115.18₹115.32₹115.71
07 Nov 2024₹127.07₹128.12₹126.98
08 Feb 2025₹140.81₹141.36₹141.22
12 May 2025₹153.14₹155.42₹153.93
13 Aug 2025₹164.42₹166.24₹164.21
14 Nov 2025₹204.61₹207.61₹204.92
15 Feb 2026₹249.55₹253.67₹248.91
19 May 2026₹258.39₹260.71₹257.88
20 Aug 2026₹254.99₹257.39₹254.40
HDFC Gold ETF, LIC MF Gold Exchange Traded Fund compared on return, risk, benchmark-relative, cost and portfolio metrics.
Metric
HDFC
NAV ₹133.08
Moderately High risk
★★☆☆☆ CAT
LIC
NAV ₹140.35
Moderately High risk
★★★★★
+57.23%+57.18%
+37.59%+37.93%Best in row
+25.92%
+16.06%
+13.04%+36.26%Best in row
+32.82%+41.74%Best in row
+9.65%+37.93%Best in row
+8.89%
+8.88%
Risk
19.40%19.47%
1.601.61
2.302.29
-29.59%-20.22%Best in row
-1.56%+0.23%Best in row
1.071.04
99.7%105.0%Best in row
98.7%Best in row108.7%
0.60%0.45%Best in row
₹23,426Cr₹1,420Cr
None
None
₹1.18L
Bhagyesh KagalkarSumit Bhatnagar
16 Aug 201031 Jul 2023
6 rows carry the same value for every fund — show
Benchmark
Gold
Min SIP
Portfolio turnover
Holdings
Top 10 weight
Cash & equivalents

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 — HDFC Gold ETF or LIC MF Gold Exchange Traded Fund?

Over the last 3 years, LIC MF Gold Exchange Traded Fund returned +37.93% CAGR against HDFC Gold ETF's +37.59%, computed from AMFI NAV history. Past returns don't guarantee future performance.

Which fund is cheaper — HDFC Gold ETF or LIC MF Gold Exchange Traded Fund?

LIC MF Gold Exchange Traded Fund has the lower expense ratio: HDFC Gold ETF charges 0.60% 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 — HDFC Gold ETF or LIC MF Gold Exchange Traded Fund?

LIC MF Gold Exchange Traded Fund has shown higher volatility (+19.47% annualized vs HDFC Gold ETF's +19.40%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: HDFC Gold ETF -22.27% vs LIC MF Gold Exchange Traded Fund -20.22%.

Which fund manages more money — HDFC Gold ETF or LIC MF Gold Exchange Traded Fund?

HDFC Gold ETF is the larger fund: HDFC Gold ETF manages ₹23,426Cr against LIC MF Gold Exchange Traded Fund's ₹1,420Cr 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 HDFC 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.