Compare All Gold ETFs in India

Gold ETFs (Exchange Traded Funds) are investment instruments listed on Indian stock exchanges that track the domestic price of physical gold. Each unit of a Gold ETF is backed by 99.5% pure gold held in secure vaults by the fund's custodian. They trade on NSE and BSE during market hours, just like regular stocks, making them one of the most convenient ways to invest in gold.

Unlike physical gold, Gold ETFs have no making charges, no storage concerns, and no risk of impurity. The minimum investment can be as low as the price of 1/100th of a gram, making them accessible to all investors. In India, over 25 Gold ETFs are currently listed, with GOLDBEES (Nippon India) being the oldest and most traded.

When selecting a Gold ETF, focus on four key metrics: expense ratio (the annual fee charged by the fund, typically 0.3\u20130.6% \u2014 lower is better), tracking error (how closely the ETF tracks actual gold prices), trading volume (higher volume means tighter bid-ask spreads and easier entry/exit), and AUM (larger funds tend to be more efficient and have lower impact costs).

GOLDBEES, HDFCGOLD, and SETFGOLD are among the most liquid Gold ETFs with the highest trading volumes. Newer ETFs like TATAGOLD and GROWWGOLD may offer competitive expense ratios but could have lower liquidity. Use the chart above to compare how closely each ETF tracks the others \u2014 larger deviations indicate higher tracking error.

Gold ETFs and physical gold each have distinct advantages. ETFs offer transparent pricing (real-time market prices), zero making charges, no storage or insurance costs, easy fractional investing, and simple buying/selling through any demat account. Physical gold, on the other hand, has no annual expense ratio, can be worn as jewellery, and doesn't require a demat account.

For pure investment purposes, Gold ETFs are generally more cost-effective. A jeweller typically charges 3\u20135% in making charges plus 3% GST, whereas a Gold ETF only costs the expense ratio (0.3\u20130.6% annually) plus brokerage. For larger investments (above \u20B950 lakh), consider Sovereign Gold Bonds (SGBs) which offer an additional 2.5% annual interest on top of gold price appreciation, though they have an 8-year lock-in with exit after 5 years.

All ETF prices are normalized to INR per 10g of gold equivalent, so you can compare them directly against each other and against MCX spot gold.

Lines that track close together have low tracking error — this is what you want in a well-managed ETF. Lines that diverge over time indicate different expense ratios or cash drag eating into returns. Toggle individual ETFs on and off to compare specific funds side by side.

Use the timeframe selector to check performance over 1M, 3M, 1Y, and 3Y windows. Short timeframes reveal liquidity gaps; longer timeframes show compounding cost differences.

A higher line does not necessarily mean “better” — it may just reflect a different creation unit size. Compare the slope (rate of return) rather than the absolute price level to evaluate which ETF delivers the best gold price tracking.