Gold ETFs in India

26 live funds in the Gold ETF category, ordered by 5-year return, highest first; UTI Gold Exchange Traded Fund leads. Funds younger than five years follow by name. Returns are for the plan each fund's page leads with, Direct where the fund has one, to each fund's latest NAV, the newest of them on 27 Oct 2026; 3 and 5 year returns are a year, compounded.

Gold ETFs

Size is the average money the fund managed over its latest quarter. Cost is its yearly expense ratio.Filter them in the screener

NAV of 27 Oct 2026

Tax on gold ETFs

Gains on units held over 12 months are taxed at 12.5%, with no yearly exemption; gains on units held 12 months or less at the income tax slab rate.

Rules in force from 1 Apr 2025, checked 27 Oct 2026. Surcharge and cess are not included.

About gold ETFs in India

Gold ETFs in India are exchange traded funds that hold physical gold and list on the stock exchange, so units are bought and sold like shares. Each unit's price follows the domestic gold price, less the fund's yearly cost.

How a gold ETF works

An exchange traded fund (ETF) is a fund whose units trade on an exchange during market hours. SEBI requires a gold ETF to keep at least 95% of its net assets in gold and gold-related instruments, such as the gold monetisation scheme of banks and exchange-traded gold derivatives. The physical gold must be standard bars of 99.5% purity meeting the London Bullion Market Association's delivery standard, held by a custodian. Units sit in a demat account, and the NAV (net asset value, the per-unit value of the holdings) is worked out from the domestic gold price.

Gold BeES, launched by Benchmark Asset Management and now run by Nippon India, was the first gold ETF in India and listed on NSE in Mar 2007.

Tracking and cost

A gold ETF trails the gold price by its expense ratio, the yearly fee charged as a share of assets, and by small differences in how its gold is valued and how much cash it holds. Because units trade on an exchange, the market price can sit slightly above or below the NAV during the day.

Tax on gains

Gold ETF units are listed securities but not equity funds. Gains on units sold within 12 months are short-term and taxed at the holder's income tax slab rate. Gains on units held longer are long-term, taxed at 12.5% with no indexation (an adjustment of the purchase price for inflation). These are the rules for the year to Mar 2027.

Difference from neighbouring categories

A gold fund of funds invests in gold ETF units rather than in gold itself and can be bought without a demat account. It adds its own expense ratio on top of the ETF's, and its gains turn long-term only after 24 months. A silver ETF holds silver in the same way. A multi asset fund holds gold as one part of a mix with shares and bonds.

Differences between gold ETFs

Since every gold ETF holds the same metal, the funds' returns sit close together, and the gaps between them mostly come from cost and tracking. A dash in a return column means the fund is too new for that window; those funds follow the rest by name.