ETFGold ETFRegularGrowthHigh

Bandhan Gold ETF

Q: What is the NAV of Bandhan Gold ETF?

As of 01 Oct 2026, the NAV of Bandhan Gold ETF is ₹146.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Bandhan Gold ETF delivered?

Bandhan Gold ETF has returned +11.49% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Bandhan Gold ETF?

Bandhan Gold ETF charges an expense ratio of 0.45% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Bandhan Gold ETF?

Bandhan Gold ETF's largest holdings are GOLD .995 1KG BAR (96.5%) and GOLD 999 100GM BAR (0.6%). Holdings are disclosed monthly and change over time.

Q: How risky is Bandhan Gold ETF?

Bandhan Gold ETF is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 28.6% and its worst peak-to-trough fall in our sample was -22.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Bandhan Gold ETF?

Bandhan Gold ETF is benchmarked against the Domestic Price of Physical Gold. Its alpha and beta on this page are measured against that index.

Q: Who manages Bandhan Gold ETF?

Bandhan Gold ETF is managed by Abhishek Jain at Bandhan.

Q: How is Bandhan Gold ETF taxed?

Bandhan Gold ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.

Bandhan Mutual Fund · Best Gold ETFs

NAV

₹146.90

+0.10% 1D

as of 01 Oct 2026

This is the Regular plan of Bandhan Gold ETF — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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Performance

+11.49%absolute

52-week rangePrev NAV ₹146.75

Latest ₹146.90

Low ₹131.4236th percentile of its 52-week rangeHigh ₹174.09

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.45%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category —

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

—

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Not allowed

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

—

Domestic Price of Physical Gold

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

12 Dec 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-3.23%

Absolute return over the last 3 months (not annualized)

+5.05%

Absolute return over the last 6 months (not annualized)

-1.74%

Absolute return since 1 Jan of this year (not annualized)

+10.74%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+11.49%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

28.59%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-22.02%

Benchmark ratios (vs Gold · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Gold

—

Sensitivity to Gold moves; 1 = moves with the index

—

How much of the fund's movement Gold explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Gold over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (Gold ETF)

Period	Fund	Category avg.	Diff
1M abs	-3.23%	—	—
3M abs	+5.05%	—	—
6M abs	-1.74%	—	—
1Y CAGR	—	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Gold ETF (up to 4 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹90.00K

Current value

₹88.03K

Absolute

-2.19%

XIRR

-6.42%

Value vs. invested

ValueInvested

9 monthly installments of ₹10,000 into Bandhan Gold ETF, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund	Gold	Diff
2026part	+10.74%	+10.42%	+0.32%
2025part	+0.68%	—	—

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in; those years show no benchmark comparison.

History points

201

Expense ratio

0.45%

AUM

₹172.36Cr

Exit load

Nil

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 1 year get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 1 year

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 1 year or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Gold ETF

Compare all


Bandhan Gold ETFThis fund Bandhan · Regular · Growth	—	—	—	—	—	0.45%	₹172.36Cr
Invesco India Gold Exchange Traded Fund Invesco · Regular · Growth	—	+25.01%	+35.55%	+25.04%	—	0.50%	₹734.65Cr
SBI Gold ETF SBI · Regular · Growth	—	+25.10%	+35.27%	+24.83%	—	0.65%	₹24,720Cr
Baroda BNP Paribas Gold ETF Baroda BNP Paribas · Regular · Growth	—	+25.06%	—	—	—	0.59%	₹334.50Cr
The Wealth Company Gold ETF The Wealth Company · Regular · Growth	—	—	—	—	—	0.34%	₹23.66Cr
LIC MF Gold Exchange Traded Fund LIC	★★★★★	+25.53%	+36.82%	—	—	0.45%	₹1,420Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other97.07%
Cash & Equivalents2.93%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-22.0%29 Jan 2026 → 23 Mar 2026
Still below that high — 2 months down, and no recovery yet.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹172.36Cr

April - June 2026

+57%

since January - March 2026

At or near its largest, ₹172.36Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

AMC Profile

Bandhan Mutual Fund is the former IDFC Mutual Fund, bought in 2022 by a consortium of Bandhan Financial Holdings, ChrysCapital and GIC and renamed the following year. It carries a long-established debt franchise alongside its equity and index schemes.

Launched

19 Dec 1999

Total AUM

₹2,04,046Cr+4.5% QoQ

Avg AUM · April - June 2026

Website

bandhanmutual.com

Fund Managers

AJAbhishek JainManaging since 05 Dec 2025

Role

Associate Vice President Chartered - Equity

Education

B.A. and Accountant

Experience

Mr. Abhishek Jain joined the Bandhan Nifty 50 Index Fund, equity fund management team of Bandhan AMC Limited on March 05, 2025. He has a total experience of Volatility 30 13 years. He was earlier associated Fund, Bandhan Nifty Smallcap with Groww Asset Management Co Limited from January 01, 2024 to 200 March 03, 2025 wherein he was fund manager for passive Index Fund, Bandhan Nifty 500 schemes and dealer for equity Momentum schemes. Prior to this, he was Bandhan Nifty associated with Edelweiss Tokio Life Insurance Co. Limited as Equity Dealer for Bandhan quant based active schemes from September 01, 2022 to December 27, 2023. He was associated with Acko General Fund and Bandhan Nifty Total Insurance Co. Limited Deputy General Manager – Investment from November 08, 2021 to August 30, 2022, where in he was responsible for dealing activity in equity segment. Prior to this, in Shriram Asset Management Co Limited as Manager – Equity from January 05, 2018 to November 06, 2021 he was responsible for equity research of certain sector like IT, Telcom and Life insurance sector etc. and in Edelweiss Tokio Life Insurance Co Limited Equity Dealer from January 05, 2012 to January 03, 2018 he was a dealer for quant based equity schemes

Funds managed (22)

All schemes Abhishek Jain runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Abhishek Jain

Bandhan in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Gold funds & ETFs

Gold ETFs hold physical gold of standard purity and track its domestic price, so a unit is a claim on bullion rather than on a company. Gold funds-of-funds hold the ETF instead, which is what lets you buy them as a SIP without a demat account.

Frequently asked questions

What is the NAV of Bandhan Gold ETF?

As of 01 Oct 2026, the NAV of Bandhan Gold ETF is ₹146.90 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Bandhan Gold ETF delivered?

Bandhan Gold ETF has returned +11.49% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Bandhan Gold ETF?

Bandhan Gold ETF charges an expense ratio of 0.45% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Bandhan Gold ETF?

Bandhan Gold ETF's largest holdings are GOLD .995 1KG BAR (96.5%) and GOLD 999 100GM BAR (0.6%). Holdings are disclosed monthly and change over time.

How risky is Bandhan Gold ETF?

Bandhan Gold ETF is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 28.6% and its worst peak-to-trough fall in our sample was -22.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Bandhan Gold ETF?

Bandhan Gold ETF is benchmarked against the Domestic Price of Physical Gold. Its alpha and beta on this page are measured against that index.

Who manages Bandhan Gold ETF?

Bandhan Gold ETF is managed by Abhishek Jain at Bandhan.

How is Bandhan Gold ETF taxed?

Bandhan Gold ETF is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 1 year are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 1 year or less are taxed at your income-tax slab rate.