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Best Gold ETFs to Invest in 2022 | Top Performing Gold ETFs

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Best Gold ETFs to Invest in 2022

Updated on November 27, 2022 , 156771 views

In recent years, the popularity of Gold ETFs (Exchange Traded Fund) amongst investors has surged high. Investors are more inclined towards Investing in Gold ETFs as they track gold prices and eliminate the need of storage. But, when it comes to Investing, often investors are confused over choosing the best Gold ETFs.

The ideal way to go for Gold ETFs is to focus on the fund with the lowest tracking error. It is advisable to go for a Gold ETF that has the largest margin and highest volume. To make it convenient for investors, we have listed down the best Gold ETFs to invest in India.

How to Invest in Gold ETFs?

To invest in gold ETF, you need to have a Demat account and an online Trading Account. To open an account, you would require a PAN Card, an address proof and an identity proof. After the account is ready, you can choose a Gold ETF and place an order. Once the trade is executed a confirmation is sent to you in your account. A small fee from the fund house and the broker is charged when one buys or sells these Gold ETFs.

How to Invest in Gold Mutual Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

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Best Gold ETFs to Invest 2022

Some of the best performing Underlying gold ETFs having AUM/Net Assets > 25 Crore are:

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2021 (%)
Invesco India Gold Fund Growth ₹15.5957
↓ -0.09
₹572.92.19.110.311.1-5.5
Aditya Birla Sun Life Gold Fund Growth ₹15.9692
↑ 0.02
₹2511.82.37.410.210.8-5
SBI Gold Fund Growth ₹16.006
↑ 0.01
₹1,1383.32.38.210.311.1-5.7
Nippon India Gold Savings Fund Growth ₹21.0162
↓ -0.01
₹1,3792.82.17.910.110.7-5.5
Axis Gold Fund Growth ₹15.9469
↓ -0.03
₹2602.71.97.710.611.6-4.7
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Nov 22

1. Invesco India Gold Fund

To provide returns that closely corresponds to returns provided by Invesco India Gold Exchange Traded Fund.

Invesco India Gold Fund is a Gold - Gold fund was launched on 5 Dec 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.1% since its launch.  Return for 2021 was -5.5% , 2020 was 27.2% and 2019 was 21.4% .

Below is the key information for Invesco India Gold Fund

Invesco India Gold Fund
Growth
Launch Date 5 Dec 11
NAV (29 Nov 22) ₹15.5957 ↓ -0.09   (-0.58 %)
Net Assets (Cr) ₹57 on 31 Oct 22
Category Gold - Gold
AMC Invesco Asset Management (India) Private Ltd
Rating
Risk Moderately High
Expense Ratio 0.54
Sharpe Ratio -0.02
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,792
31 Oct 19₹12,804
31 Oct 20₹16,645
31 Oct 21₹15,601
31 Oct 22₹16,221

Invesco India Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Invesco India Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 4.3%
3 Month 2.9%
6 Month 2.1%
1 Year 9.1%
3 Year 10.3%
5 Year 11.1%
10 Year
15 Year
Since launch 4.1%
Historical performance (Yearly) on absolute basis
YearReturns
2021 -5.5%
2020 27.2%
2019 21.4%
2018 6.6%
2017 1.3%
2016 21.6%
2015 -15.1%
2014 -9%
2013 -7.6%
2012 11.3%
Fund Manager information for Invesco India Gold Fund
NameSinceTenure
Krishna Cheemalapati4 Jan 202.83 Yr.

Data below for Invesco India Gold Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash2.2%
Other97.8%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Invesco India Gold ETF
- | -
99%₹56 Cr124,657
↓ -960
Triparty Repo
CBLO/Reverse Repo | -
1%₹1 Cr
Net Receivables / (Payables)
CBLO | -
0%₹0 Cr

2. Aditya Birla Sun Life Gold Fund

An Open ended Fund of Funds Scheme with the investment objective to provide returns that tracks returns provided by Birla Sun Life Gold ETF (BSL Gold ETF).

Aditya Birla Sun Life Gold Fund is a Gold - Gold fund was launched on 20 Mar 12. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.5% since its launch.  Return for 2021 was -5% , 2020 was 26% and 2019 was 21.3% .

Below is the key information for Aditya Birla Sun Life Gold Fund

Aditya Birla Sun Life Gold Fund
Growth
Launch Date 20 Mar 12
NAV (28 Nov 22) ₹15.9692 ↑ 0.02   (0.14 %)
Net Assets (Cr) ₹251 on 31 Oct 22
Category Gold - Gold
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.51
Sharpe Ratio -0.09
Information Ratio 0
Alpha Ratio 0
Min Investment 100
Min SIP Investment 100
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,639
31 Oct 19₹12,851
31 Oct 20₹16,464
31 Oct 21₹15,472
31 Oct 22₹16,029

Aditya Birla Sun Life Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Aditya Birla Sun Life Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 4.3%
3 Month 1.8%
6 Month 2.3%
1 Year 7.4%
3 Year 10.2%
5 Year 10.8%
10 Year
15 Year
Since launch 4.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 -5%
2020 26%
2019 21.3%
2018 6.8%
2017 1.6%
2016 11.5%
2015 -7.2%
2014 -9.4%
2013 -6.9%
2012
Fund Manager information for Aditya Birla Sun Life Gold Fund
NameSinceTenure
Lovelish Solanki30 Jun 184.34 Yr.

Data below for Aditya Birla Sun Life Gold Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash2.43%
Other97.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Aditya BSL Gold ETF
- | -
100%₹251 Cr55,257,587
↓ -1,400,000
Clearing Corporation Of India Limited
CBLO/Reverse Repo | -
0%₹1 Cr
Net Receivables / (Payables)
CBLO | -
0%₹0 Cr

3. SBI Gold Fund

The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS).

SBI Gold Fund is a Gold - Gold fund was launched on 12 Sep 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.3% since its launch.  Return for 2021 was -5.7% , 2020 was 27.4% and 2019 was 22.8% .

Below is the key information for SBI Gold Fund

SBI Gold Fund
Growth
Launch Date 12 Sep 11
NAV (29 Nov 22) ₹16.006 ↑ 0.01   (0.06 %)
Net Assets (Cr) ₹1,138 on 31 Oct 22
Category Gold - Gold
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 0.28
Sharpe Ratio -0.03
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 500
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,646
31 Oct 19₹12,808
31 Oct 20₹16,735
31 Oct 21₹15,600
31 Oct 22₹16,239

SBI Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for SBI Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 4.1%
3 Month 3.3%
6 Month 2.3%
1 Year 8.2%
3 Year 10.3%
5 Year 11.1%
10 Year
15 Year
Since launch 4.3%
Historical performance (Yearly) on absolute basis
YearReturns
2021 -5.7%
2020 27.4%
2019 22.8%
2018 6.4%
2017 3.5%
2016 10%
2015 -8.1%
2014 -10.2%
2013 -6.6%
2012 10.9%
Fund Manager information for SBI Gold Fund
NameSinceTenure
Raviprakash Sharma12 Sep 1111.15 Yr.

Data below for SBI Gold Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash1.75%
Other98.25%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI Gold ETF
- | -
100%₹1,138 Cr256,808,348
↓ -2,167,441
Treps
CBLO/Reverse Repo | -
0%₹4 Cr
Net Receivable / Payable
CBLO | -
0%-₹4 Cr

4. Nippon India Gold Savings Fund

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Gold BeES.

Nippon India Gold Savings Fund is a Gold - Gold fund was launched on 7 Mar 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 6.5% since its launch.  Return for 2021 was -5.5% , 2020 was 26.6% and 2019 was 22.5% .

Below is the key information for Nippon India Gold Savings Fund

Nippon India Gold Savings Fund
Growth
Launch Date 7 Mar 11
NAV (29 Nov 22) ₹21.0162 ↓ -0.01   (-0.05 %)
Net Assets (Cr) ₹1,379 on 31 Oct 22
Category Gold - Gold
AMC Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 0.39
Sharpe Ratio -0.08
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 100
Exit Load 0-1 Years (2%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,687
31 Oct 19₹12,778
31 Oct 20₹16,578
31 Oct 21₹15,467
31 Oct 22₹16,044

Nippon India Gold Savings Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for Nippon India Gold Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 4.2%
3 Month 2.8%
6 Month 2.1%
1 Year 7.9%
3 Year 10.1%
5 Year 10.7%
10 Year
15 Year
Since launch 6.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 -5.5%
2020 26.6%
2019 22.5%
2018 6%
2017 1.7%
2016 11.6%
2015 -8.1%
2014 -9.8%
2013 -7.6%
2012 11.2%
Fund Manager information for Nippon India Gold Savings Fund
NameSinceTenure
Mehul Dama6 Nov 183.99 Yr.

Data below for Nippon India Gold Savings Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash1.47%
Other98.53%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Nippon India ETF Gold BeES
- | -
100%₹1,392 Cr322,619,273
↓ -2,067,699
Triparty Repo
CBLO/Reverse Repo | -
0%₹4 Cr
Net Current Assets
Net Current Assets | -
0%-₹3 Cr
Cash Margin - Ccil
CBLO | -
0%₹0 Cr

5. Axis Gold Fund

To generate returns that closely correspond to returns generated by Axis Gold ETF.

Axis Gold Fund is a Gold - Gold fund was launched on 20 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.3% since its launch.  Return for 2021 was -4.7% , 2020 was 26.9% and 2019 was 23.1% .

Below is the key information for Axis Gold Fund

Axis Gold Fund
Growth
Launch Date 20 Oct 11
NAV (29 Nov 22) ₹15.9469 ↓ -0.03   (-0.18 %)
Net Assets (Cr) ₹260 on 31 Oct 22
Category Gold - Gold
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.3
Sharpe Ratio 0.04
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,981
31 Oct 19₹12,976
31 Oct 20₹16,901
31 Oct 21₹15,843
31 Oct 22₹16,568

Axis Gold Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for Axis Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 3.7%
3 Month 2.7%
6 Month 1.9%
1 Year 7.7%
3 Year 10.6%
5 Year 11.6%
10 Year
15 Year
Since launch 4.3%
Historical performance (Yearly) on absolute basis
YearReturns
2021 -4.7%
2020 26.9%
2019 23.1%
2018 8.3%
2017 0.7%
2016 10.7%
2015 -11.9%
2014 -11.4%
2013 -7.5%
2012 10.9%
Fund Manager information for Axis Gold Fund
NameSinceTenure
Aditya Pagaria9 Nov 210.98 Yr.

Data below for Axis Gold Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash2.38%
Other97.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Gold ETF
- | -
100%₹256 Cr59,300,000
Clearing Corporation Of India Limited
CBLO/Reverse Repo | -
0%₹1 Cr
Net Receivables / (Payables)
CBLO | -
0%-₹1 Cr

How To Choose Best Gold ETFs?

The parameters to choose the best Gold ETFs in India are as follows-

Fund Track Record

It is important to know the past performance of the fund house in Exchange Traded Funds. Investors looking for the best Gold ETFs, it is advisable to choose a fund which has a track record of at least three years.

Liquidity

Exchange Traded Funds need to be checked based on the trading activity. Most of the ETFs trade heavily based on the changes in the benchmark, but some ETFs trade barely. The trading activity actually confirms the liquidity of an ETF. The higher the trading activity, the higher is the liquidity.

How-to-choose-gold-etfs

Tracking Error

The ETFs are expected to track the underlying index closely, but some ETF do not track it closely. An investor should prefer an ETF with minimum tracking error.

FAQs

1. How is the value of gold ETFs evaluated?

A: The value of gold ETFs is tracked based on the Market value of physical gold. It represent the price of gold bars that have a purity of 99.5%. You can track the price of gold by logging into the NSE website or the BSE, and it will be reflected in the ongoing price of gold ETFs.

2. Who sells gold ETFs?

A: Mutual Fund companies and financial institutes sell gold ETFs. Some of the well-performing gold ETFs are mentioned above.

3. Can I purchase physical gold with the gold ETFs?

A: No, once the investment period is completed, you can close the account and withdraw the money. You cannot en-cash the gold ETFs for physical gold.

4. What do the gold ETFs invest in?

A: Gold ETFs have diversified investments in gold mining, Manufacturing, transportation, and other similar sectors. Usually, the assets are made in industries known to produce good returns, ensuring that the investments are safe and secure.

5. Why should I invest in gold ETFs?

A: Gold ETFs are suitable investments, especially if you are looking to diversify your investment portfolio. Gold, as experts mention, is one of the safest investments as its value does not go down extensively. The same is applicable for gold ETFs.

6. Is there any exit load in this investment?

A: Given the nature of the investment, most companies do not levy an exit load in gold ETFs. Hence, if you want to withdraw from the investment before its maturity, you do not have to pay any exit load. However, most financial institutes levy a brokerage charge you will have to discuss with your fund manager.

7. Are there any tax benefits on the investments?

A: You would not have to pay any VAT in the case of gold ETFs, which would be the case if you had purchased physical gold of similar value. Moreover, depending on the income tax slab that you fall under, you can enjoy tax benefits from the investment you make. With gold ETFs, you will not have to pay any wealth tax, long-term Capital gains tax, or Sales Tax.

8. Can I use gold ETFs as collateral for loans?

A: Yes, gold ETFs are similar to gold, and hence, you can use them as Collateral for loans. You can it to secure the loan that you require from a Bank or a financial institute.

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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