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Kotak Gold ETF vs LIC MF Gold Exchange Traded Fund

Kotak 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 26 Aug 2026

Kotak Gold ETFLIC MF Gold Exchange Traded Fund2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 31 Jul 202325 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
DateKotak Gold ETFLIC MF Gold Exchange Traded FundGold
31 Jul 2023₹100.00₹100.00₹100.00
01 Nov 2023₹102.32₹102.67₹102.17
03 Feb 2024₹105.66₹105.55₹105.76
06 May 2024₹119.71₹119.20₹119.86
08 Aug 2024₹114.89₹114.58₹114.67
09 Nov 2024₹128.43₹128.95₹128.31
11 Feb 2025₹141.40₹142.32₹142.08
15 May 2025₹152.49₹153.02₹152.07
16 Aug 2025₹164.71₹165.63₹164.11
18 Nov 2025₹199.92₹202.39₹199.19
19 Feb 2026₹252.40₹254.66₹250.87
24 May 2026₹257.57₹259.21₹257.60
25 Aug 2026₹263.25₹264.94₹262.57
Kotak Gold ETF, LIC MF Gold Exchange Traded Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Gold ETF median.
Metric
Kotak Mahindra
NAV ₹133.85
Moderately High risk
★★★☆☆
LIC
NAV ₹143.74
Moderately High risk
★★★★★
Category median
Gold ETF · 25 funds
+59.27%Best in row+57.95%+58.71%
+38.69%+38.74%+38.68%
+26.59%+26.61%
+16.51%+16.51%
+15.34%+37.10%Best in row+32.83%
+34.17%+43.64%Best in row
+11.98%+38.74%Best in row+12.14%
+10.04%+9.44%
+8.71%+8.76%
Risk
19.12%Best in row19.53%19.63%
1.681.651.69
2.42Best in row2.342.45
-29.84%-20.22%Best in row-22.15%
-1.51%-0.31%Best in row-1.52%
1.061.011.06
99.5%102.2%Best in row99.5%
98.8%Best in row108.7%98.9%
0.52%0.45%Best in row0.50%
₹14,430Cr₹1,420Cr₹1,628Cr
None
₹1.15L
Abhishek BisenSumit Bhatnagar
30 Jul 200731 Jul 2023
7 rows carry the same value for every fund — show
Benchmark
Gold
Exit load
None
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 — Kotak Gold ETF or LIC MF Gold Exchange Traded Fund?

Over the last 3 years, LIC MF Gold Exchange Traded Fund returned +38.74% CAGR against Kotak Gold ETF's +38.69%, computed from AMFI NAV history. Past returns don't guarantee future performance.

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

LIC MF Gold Exchange Traded Fund has the lower expense ratio: Kotak 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 — Kotak Gold ETF or LIC MF Gold Exchange Traded Fund?

LIC MF Gold Exchange Traded Fund has shown higher volatility (+19.53% annualized vs Kotak Gold ETF's +19.12%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Kotak Gold ETF -22.27% vs LIC MF Gold Exchange Traded Fund -20.22%.

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

Kotak Gold ETF is the larger fund: Kotak Gold ETF manages ₹14,430Cr 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 Kotak 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.