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ICICI Prudential Gold ETF vs Axis Gold ETF

ICICI Prudential Gold ETF and Axis Gold ETF 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 09 Oct 2026

ICICI Prudential Gold ETFAxis Gold ETF2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 16 Nov 2010 – 09 Oct 2026, limited by Axis Gold ETF. 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. Gold history starts 25 Jul 2016, so that benchmark is not plotted over this window — pick a shorter range to see it.

View as table
Growth of ₹100, sampled across the common period
DateICICI Prudential Gold ETFAxis Gold ETF
16 Nov 2010₹100.00₹100.00
14 Mar 2012₹100.00₹132.83
11 Jul 2013₹155.00₹127.90
07 Nov 2014₹135.11₹119.34
04 Mar 2016₹135.11₹141.92
01 Jul 2017₹135.11₹128.61
28 Oct 2018₹153.46₹141.11
24 Feb 2020₹205.53₹189.80
22 Jun 2021₹219.79₹203.80
19 Oct 2022₹230.87₹214.29
14 Feb 2024₹280.58₹260.12
12 Jun 2025₹437.15₹405.34
09 Oct 2026₹664.10₹613.97
ICICI Prudential Gold ETF, Axis Gold ETF compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Gold ETF median.
Metric
ICICI Prudential
NAV ₹126.85
Moderately High risk
★★★★☆
Axis
NAV ₹123.36
Moderately High risk
★★☆☆☆
Category median
Gold ETF · 25 funds
+20.93%Best in row+20.66%+20.84%
+36.27%+36.23%+36.15%
+24.93%+24.85%+24.85%
—+15.98%+16.24%
+12.44%+12.09%+22.76%
+29.68%Best in row+29.53%—
+17.27%Best in row+9.59%+12.34%
+15.62%Best in row+8.96%+9.61%
+7.89%+8.76%Best in row+8.86%
Risk
19.39%19.34%19.77%
2.202.192.19
-22.22%-29.57%-22.15%
-1.07%-1.15%-1.27%
100.1%100.3%100.0%
97.8%98.6%98.2%
0.49%Best in row0.52%0.50%
₹27,185Cr₹5,471Cr₹1,709Cr
None——
Nishit PatelAditya Pagaria—
26 Aug 201016 Nov 2010—
1.9%2.0%—
9 rows carry the same value for every fund — show
Sharpe
1.54
Benchmark
Gold
Beta
1.06
Lock-in
—
Min SIP
—
Min lumpsum
—
Portfolio turnover
—
Holdings
—
Top 10 weight
—

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 — ICICI Prudential Gold ETF or Axis Gold ETF?

Over the last 3 years, ICICI Prudential Gold ETF returned +36.27% CAGR against Axis Gold ETF's +36.23%, computed from AMFI NAV history. Over 5 years: ICICI Prudential Gold ETF +24.93% vs Axis Gold ETF +24.85% CAGR. Past returns don't guarantee future performance.

Which fund is cheaper — ICICI Prudential Gold ETF or Axis Gold ETF?

ICICI Prudential Gold ETF has the lower expense ratio: ICICI Prudential Gold ETF charges 0.49% a year against Axis Gold ETF's 0.52%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.

Which fund is riskier — ICICI Prudential Gold ETF or Axis Gold ETF?

ICICI Prudential Gold ETF has shown higher volatility (+19.39% annualized vs Axis Gold ETF's +19.34%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: ICICI Prudential Gold ETF -22.22% vs Axis Gold ETF -22.25%.

Which fund manages more money — ICICI Prudential Gold ETF or Axis Gold ETF?

ICICI Prudential Gold ETF is the larger fund: ICICI Prudential Gold ETF manages ₹27,185Cr against Axis Gold ETF's ₹5,471Cr 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 ICICI Prudential Gold ETF and Axis Gold ETF 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.