Best Gold 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.
Top gold ETFs by 3Y returns
10Ranked by 3-year CAGR across all live variants. Open a fund for NAV history, rolling returns, risk metrics and peer rank.
As of 04 Oct 2026, UTI - Gold Exchange Traded Fund leads gold ETFs on 3-year CAGR at +35.90%, followed by LIC MF Gold Exchange Traded Fund at +35.80% and Quantum Gold ETF at +35.54%. Across 20 gold ETFs the category averaged +35.47% over three years, at an average expense ratio of 0.51%. All figures are computed from public AMFI NAV history and recomputed daily; past returns do not predict future ones.
| 1 | UTI - Gold Exchange Traded Fund UTI | ★★★★☆ | +25.6% | +35.9% | +25.2% | — | ₹3,315Cr |
| 2 | LIC MF Gold Exchange Traded Fund LIC | ★★★★★ | +25.4% | +35.8% | — | 0.45% | ₹1,420Cr |
| 3 | Quantum Gold ETF Quantum | ★★★☆☆ | +26.2% | +35.5% | +25.0% | 0.55% | ₹720.91Cr |
| 4 | ICICI Prudential Gold ETF ICICI Prudential | ★★★★☆ | +25.3% | +35.5% | +25.0% | 0.49% | ₹26,432Cr |
| 5 | Axis Gold ETF Axis | ★★☆☆☆ | +25.0% | +35.4% | +25.0% | 0.52% | ₹5,343Cr |
| 6 | Kotak Gold ETF Kotak Mahindra | ★★☆☆☆ | +25.3% | +35.4% | +25.0% | 0.52% | ₹14,430Cr |
| 7 | HDFC Gold ETF HDFC | — | +25.2% | +35.4% | +24.9% | 0.59% | ₹23,426Cr |
| 8 | Mirae Asset Gold ETF Mirae Asset | ★★★★★ | +25.3% | +35.4% | — | 0.35% | ₹3,251Cr |
| 9 | DSP Gold ETF DSP | ★★★★☆ | +25.3% | +35.3% | — | 0.45% | ₹2,318Cr |
| 10 | Nippon India ETF Gold BeES Nippon India | ★★★☆☆ | +25.0% | +35.1% | +24.8% | 0.81% | ₹55,583Cr |
NAV data as of 04 Oct 2026. Returns are CAGR for periods ≥1 year, computed from AMFI NAV history. Ratings are WealthTicker’s own, ranked within sub-category peers — not a SEBI or agency rating. See our methodology for every formula. This is data, not investment advice.
Popular comparisons
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From the blog
Frequently asked questions
What are gold 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.
Which is the best gold ETF fund right now?
UTI - Gold Exchange Traded Fund by UTI currently ranks first among gold ETFs by 3-year CAGR at +35.90%. Rankings move with NAVs — past returns don't guarantee future performance.
What returns have gold ETFs given?
The category has averaged +25.24% over 1 year, +35.47% annualized over 3 years, +24.96% annualized over 5 years — peer averages over the live funds in the category, computed from AMFI NAV history.
How are gold ETFs taxed?
Non-equity taxation: gains within 12 months are taxed at your slab rate; beyond 12 months, at 12.5% as long-term capital gains.