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Mirae Asset Gold ETF vs LIC MF Gold Exchange Traded Fund

Mirae Asset 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 01 Sep 2026

Mirae Asset Gold ETFLIC MF Gold Exchange Traded Fund2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 31 Jul 202301 Sep 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
DateMirae Asset Gold ETFLIC MF Gold Exchange Traded FundGold
31 Jul 2023₹100.00₹100.00₹100.00
02 Nov 2023₹102.63₹102.84₹102.35
04 Feb 2024₹105.85₹105.55₹105.76
08 May 2024₹119.65₹119.59₹119.42
10 Aug 2024₹116.04₹115.72₹115.79
12 Nov 2024₹124.73₹124.76₹124.04
14 Feb 2025₹142.72₹143.74₹142.56
19 May 2025₹154.99₹155.67₹154.60
21 Aug 2025₹163.75₹164.12₹162.95
23 Nov 2025₹201.83₹202.08₹201.34
25 Feb 2026₹260.01₹263.98₹259.95
30 May 2026₹255.05₹256.62₹253.95
01 Sep 2026₹249.71₹251.20₹258.29
Mirae Asset Gold ETF, LIC MF Gold Exchange Traded Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Gold ETF median.
Metric
Mirae Asset
NAV ₹147.77
Moderately High risk
★★★★★
LIC
NAV ₹136.98
Moderately High risk
★★★★★
Category median
Gold ETF · 25 funds
+45.23%+45.67%Best in row+45.07%
+35.71%+35.93%Best in row+35.69%
+31.52%+34.75%Best in row+25.96%
+36.91%+39.03%Best in row
+35.17%Best in row+34.38%+12.19%
Risk
18.94%Best in row19.63%19.69%
1.541.501.52
2.21Best in row2.122.18
-22.10%-20.22%Best in row-22.15%
-1.50%-0.54%Best in row-1.79%
1.031.001.04
97.4%100.8%Best in row97.8%
97.6%Best in row108.7%98.9%
0.35%Best in row0.45%0.50%
₹3,251Cr₹1,420Cr₹1,628Cr
None
None
Sumit Bhatnagar
21 Feb 202331 Jul 2023
11 rows carry the same value for every fund — show
5Y return (CAGR)
10Y return (CAGR)
5Y rolling avg
10Y rolling avg
Benchmark
Gold
Min SIP
Min lumpsum
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 — Mirae Asset Gold ETF or LIC MF Gold Exchange Traded Fund?

Over the last 3 years, LIC MF Gold Exchange Traded Fund returned +35.93% CAGR against Mirae Asset Gold ETF's +35.71%, computed from AMFI NAV history. Past returns don't guarantee future performance.

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

Mirae Asset Gold ETF has the lower expense ratio: Mirae Asset Gold ETF charges 0.35% 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 — Mirae Asset Gold ETF or LIC MF Gold Exchange Traded Fund?

LIC MF Gold Exchange Traded Fund has shown higher volatility (+19.63% annualized vs Mirae Asset Gold ETF's +18.94%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Mirae Asset Gold ETF -22.10% vs LIC MF Gold Exchange Traded Fund -20.22%.

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

Mirae Asset Gold ETF is the larger fund: Mirae Asset Gold ETF manages ₹3,251Cr 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 Mirae Asset 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.