Table of Contents
E-Gold Vs Gold ETFs- Which is a Better Option?
E-Gold Vs Gold ETFs? Which is a better Gold Investment option? Which avenue has a higher yield? These are some of the common questions often asked by an investor wanting to invest in these non-physical form of gold. Well, both the forms are unique in trading with each having its own benefits in essential parameters like returns, taxation, holding period, etc. Therefore, we will see how both- Gold ETFs and E-Gold differ from each other and which form makes a better gold investment option!
E- Gold
E-Gold is a unique gold investment product launched by the National Spot Exchange Limited (NSEL). This product enables investors to Buy Gold in an electronic form on the NSE’s trading platform and the gold bought by you will reflect in your Demat account.
E-Gold is one such investment that allows investors to buy gold in a smaller denomination, such as 1gm, 2gm, 3gm, etc. The gold units that you would buy here will be credited to your Demat account in T+2 days. Similarly, for instance, if you have sold today, the same will debited from your Demat account in 2 days (from the date of sale).
E-gold is less expensive compared to gold ETFs as the latter is exposed to various charges like asset management fees, security service fees, etc. To know the current value of your investment in gold ETFs, you have to track the NAV of that fund but in the case of e-gold, the value is that of the prevailing gold price.
Gold ETFs
Gold ETFs has become one of the most popular modes of gold investments. Gold ETFs are also the Underlying of open-ended Gold Mutual Funds that help you to invest your money in gold. The underlying gold purity is 99.5%. Gold ETFs are also known as paper gold. These are listed and traded on major stock exchanges and investors are assigned units where each unit usually represents one gram of gold.
In gold ETFs, investors can trade in their existing Demat account. Gold ETFs offers investors a secure way to access the gold Market. They also provide the benefit of liquidity as it can be traded at any time during the trading period.
Talk to our investment specialist
E-Gold Vs Gold ETFs: Know the Key Differences
Trading Time
Gold ETFs can be traded only between 9:00 am to 3:30 pm on weekdays. Whereas, e-gold can be traded from 10:00 am to 11:30 pm on weekdays.
Conversion to Physical Form
Both the forms can be converted into physical gold, but the minimum quantity for each varies. The minimum quantity for e-gold is 8 grams, while, in gold-ETF, one can convert only when it exceeds a certain size of 500gm to 1Kg.
E-Gold is the Most Cost
Efficient form and is able to trace gold prices more closely than gold ETFs. However, e-gold loses out to gold ETFs when it comes to taxation.
But, now, when you know the key difference between these two forms, invest in an avenue that offers secure investment with better returns!
| Parameters | Gold ETFs | E-Gold |
|---|---|---|
| Separate Demat Account | No | Yes |
| Holdings | Owned by AMCs | Yes |
| Conversion to Physical Gold | Minimum 0.5-1 kg | Investors directly hold gold units in demat account |
| Short Term Capital Gains | Less than 1 year- 20% tax on returns | Less than 3 years- 20% tax on returns |
| Long Term Capital Gains | After 1 year- 10% tax returns | After 3 years- 10% tax on returns |
| Recurring Expenses | 0.40% | 1% |
| Returns | Highest at it's the most cost-effective | Slightly lower than gold ETF |
| Pricing | Linked to International Gold Price | Linked to Indian Gold Price |
| Convert to Jewelry | Not available | Available with selected Jewellers |
Best Gold ETFs to Invest 2023
Some of the best underlying Gold ETFs to Invest are as follows:
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 Below is the key information for Axis Gold Fund Returns up to 1 year are on 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 Below is the key information for SBI Gold Fund Returns up to 1 year are on ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund (IPru Gold ETF).
However, there can be no assurance that the investment objectives of the Scheme will be realized. ICICI Prudential Regular Gold Savings Fund is a Gold - Gold fund was launched on 11 Oct 11. It is a fund with Moderately High risk and has given a Below is the key information for ICICI Prudential Regular Gold Savings Fund Returns up to 1 year are on 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 Below is the key information for Invesco India Gold Fund Returns up to 1 year are on 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 Below is the key information for Nippon India Gold Savings Fund Returns up to 1 year are on 1. Axis Gold Fund
CAGR/Annualized return of 5.3% since its launch. Return for 2022 was 12.5% , 2021 was -4.7% and 2020 was 26.9% . Axis Gold Fund
Growth Launch Date 20 Oct 11 NAV (29 Mar 23) ₹18.0003 ↑ 0.18 (1.03 %) Net Assets (Cr) ₹291 on 28 Feb 23 Category Gold - Gold AMC Axis Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.3 Sharpe Ratio 0.48 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.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,780 29 Feb 20 ₹13,619 28 Feb 21 ₹14,797 28 Feb 22 ₹15,942 28 Feb 23 ₹17,392 Returns for Axis Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 1 Month 7% 3 Month 9% 6 Month 18.4% 1 Year 15.5% 3 Year 10.1% 5 Year 13.4% 10 Year 15 Year Since launch 5.3% Historical performance (Yearly) on absolute basis
Year Returns 2022 12.5% 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% Fund Manager information for Axis Gold Fund
Name Since Tenure Aditya Pagaria 9 Nov 21 1.3 Yr. Data below for Axis Gold Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 3.7% Other 96.3% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Gold ETF
- | -98% ₹285 Cr 60,000,000
↑ 200,000 Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -2% ₹6 Cr Net Receivables / (Payables)
CBLO | -0% -₹1 Cr 2. SBI Gold Fund
CAGR/Annualized return of 5.2% since its launch. Return for 2022 was 12.6% , 2021 was -5.7% and 2020 was 27.4% . SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (29 Mar 23) ₹17.9556 ↑ 0.21 (1.18 %) Net Assets (Cr) ₹1,266 on 28 Feb 23 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.28 Sharpe Ratio 0.5 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.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,755 29 Feb 20 ₹13,656 28 Feb 21 ₹14,681 28 Feb 22 ₹15,795 28 Feb 23 ₹17,256 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 1 Month 6.8% 3 Month 8.8% 6 Month 18.1% 1 Year 14.9% 3 Year 8.9% 5 Year 12.8% 10 Year 15 Year Since launch 5.2% Historical performance (Yearly) on absolute basis
Year Returns 2022 12.6% 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% Fund Manager information for SBI Gold Fund
Name Since Tenure Raviprakash Sharma 12 Sep 11 11.47 Yr. Data below for SBI Gold Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 1.64% Other 98.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹1,265 Cr 259,026,355
↑ 1,552,798 Treps
CBLO/Reverse Repo | -0% ₹4 Cr Net Receivable / Payable
CBLO | -0% -₹3 Cr 3. ICICI Prudential Regular Gold Savings Fund
CAGR/Annualized return of 5.8% since its launch. Return for 2022 was 12.7% , 2021 was -5.4% and 2020 was 26.6% . ICICI Prudential Regular Gold Savings Fund
Growth Launch Date 11 Oct 11 NAV (29 Mar 23) ₹19.0244 ↑ 0.15 (0.79 %) Net Assets (Cr) ₹672 on 28 Feb 23 Category Gold - Gold AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.33 Sharpe Ratio 0.38 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-15 Months (2%),15 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,821 29 Feb 20 ₹13,543 28 Feb 21 ₹14,553 28 Feb 22 ₹15,689 28 Feb 23 ₹17,004 Returns for ICICI Prudential Regular Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 1 Month 7% 3 Month 8.1% 6 Month 18% 1 Year 14.6% 3 Year 10.2% 5 Year 12.6% 10 Year 15 Year Since launch 5.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 12.7% 2021 -5.4% 2020 26.6% 2019 22.7% 2018 7.4% 2017 0.8% 2016 8.9% 2015 -5.1% 2014 -9.2% 2013 -6.7% Fund Manager information for ICICI Prudential Regular Gold Savings Fund
Name Since Tenure Manish Banthia 27 Sep 12 10.43 Yr. Nishit Patel 29 Dec 20 2.17 Yr. Data below for ICICI Prudential Regular Gold Savings Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 2.4% Other 97.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Gold ETF
- | -100% ₹672 Cr 137,868,621
↑ 225,941 Treps
CBLO/Reverse Repo | -0% ₹2 Cr Net Current Assets
Net Current Assets | -0% -₹2 Cr 4. Invesco India Gold Fund
CAGR/Annualized return of 5% since its launch. Return for 2022 was 12.8% , 2021 was -5.5% and 2020 was 27.2% . Invesco India Gold Fund
Growth Launch Date 5 Dec 11 NAV (29 Mar 23) ₹17.4453 ↑ 0.18 (1.03 %) Net Assets (Cr) ₹60 on 28 Feb 23 Category Gold - Gold AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.43 Sharpe Ratio 0.4 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.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,979 29 Feb 20 ₹13,687 28 Feb 21 ₹14,751 28 Feb 22 ₹15,902 28 Feb 23 ₹17,294 Returns for Invesco India Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 1 Month 6.5% 3 Month 8.8% 6 Month 18.1% 1 Year 14.5% 3 Year 10.3% 5 Year 12.7% 10 Year 15 Year Since launch 5% Historical performance (Yearly) on absolute basis
Year Returns 2022 12.8% 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% Fund Manager information for Invesco India Gold Fund
Name Since Tenure Krishna Cheemalapati 4 Jan 20 3.15 Yr. Data below for Invesco India Gold Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 3.41% Other 96.59% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco India Gold ETF
- | -99% ₹59 Cr 118,427
↑ 4,499 Triparty Repo
CBLO/Reverse Repo | -2% ₹1 Cr Net Receivables / (Payables)
CBLO | -0% ₹0 Cr 5. Nippon India Gold Savings Fund
CAGR/Annualized return of 7.4% since its launch. Return for 2022 was 12.3% , 2021 was -5.5% and 2020 was 26.6% . Nippon India Gold Savings Fund
Growth Launch Date 7 Mar 11 NAV (29 Mar 23) ₹23.5927 ↑ 0.13 (0.55 %) Net Assets (Cr) ₹1,447 on 28 Feb 23 Category Gold - Gold AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.39 Sharpe Ratio 0.38 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.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,735 29 Feb 20 ₹13,551 28 Feb 21 ₹14,557 28 Feb 22 ₹15,696 28 Feb 23 ₹17,009 Returns for Nippon India Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Mar 23 Duration Returns 1 Month 6.9% 3 Month 8.7% 6 Month 18% 1 Year 14.3% 3 Year 9.5% 5 Year 12.6% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 12.3% 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% Fund Manager information for Nippon India Gold Savings Fund
Name Since Tenure Mehul Dama 6 Nov 18 4.32 Yr. Data below for Nippon India Gold Savings Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 1.25% Other 98.75% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon India ETF Gold BeES
- | -100% ₹1,447 Cr 305,104,419
↓ -1,400,000 Triparty Repo
CBLO/Reverse Repo | -0% ₹5 Cr Net Current Assets
Net Current Assets | -0% -₹5 Cr Cash Margin - Ccil
CBLO | -0% ₹0 Cr
How to Invest in Gold Mutual Funds Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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.
AMFI Registration No. 112358 | CIN: U74999MH2016PTC282153
Shepard Technologies Pvt. Ltd. (with ARN code 112358) makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Terms and conditions of the website are applicable.
©2023 Shepard Technologies Private Limited. All Rights Reserved