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Best Gold ETFs - Top Exchange Traded Funds in NSE

As of mid-2025, the Indian gold ETF market has surpassed ₹60,000 crore in assets under management, reflecting the rising demand for easy, cost-effective ways to invest in gold. Here are some of the top Gold ETFs in India.

List of Best Gold ETFs in India for 2025

Gold ETFs

List of Gold ETF listed in NSE.
last updated at 6:30 AM IST 

Showing 1 - 20 of 20 results

last updated at 6:30 AM IST 
NameStocks (20)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose Price1M Return1M Return6M Return6M Return1Y Return1Y Return
1.Nippon India ETF Gold BeESGOLDBEESGoldGold5,168.885,168.8881.7381.73-1.91-1.9122.7422.7429.9229.92
2.SBI Gold ETFSETFGOLDGoldGold2,644.092,644.0984.3284.32-1.65-1.6522.2622.2629.9829.98
3.Kotak Gold EtfGOLD1GoldGold1,984.141,984.1482.2982.29-1.88-1.8822.3822.3829.7929.79
4.HDFC Gold Exchange Traded FundHDFCGOLDGoldGold1,906.091,906.0984.3584.35-1.99-1.9922.3422.3430.0130.01
5.ICICI Prudential Gold ETFGOLDIETFGoldGold1,905.051,905.0584.4984.49-1.64-1.6422.5222.5230.2530.25
6.UTI Gold Exchange Traded FundGOLDSHAREGoldGold651.54651.5482.7582.75-1.91-1.9122.8722.8730.5230.52
7.Aditya BSL Gold ETFBSLGOLDETFGoldGold353.23353.2386.8986.89-1.47-1.4723.3423.3430.7430.74
8.Axis Gold ETFAXISGOLDGoldGold319.17319.1782.2182.21-2.04-2.0422.2822.2829.5129.51
9.Quantum Gold FundQGOLDHALFGoldGold130.03130.0381.5581.55-1.78-1.7822.5622.5630.2130.21
10.IDBI Gold Exchange Traded FundLICMFGOLDGoldGold95.1295.128,894.808,894.80-0.58-0.5823.0223.0230.4530.45
11.Invesco India Gold Exchange Traded FundIVZINGOLDGoldGold74.2274.228,592.008,592.00-2.52-2.5223.4423.4430.7830.78
12.Mirae Asset Gold ETFGOLDETFGoldGold--96.0296.02-1.38-1.3821.9621.9630.1430.14
13.DSP Gold ETFGOLDETFADDGoldGold--95.9995.99-2.38-2.3822.6122.6130.0730.07
14.Baroda BNP Paribas Gold ETFBBNPPGOLDGoldGold--95.8095.80-2.06-2.0622.3522.3530.2530.25
15.Edelweiss Gold ETFEGOLDGoldGold--99.0599.050.600.6022.4422.4429.9929.99
16.Tata Gold Exchange Traded FundTATAGOLDGoldGold--9.599.59-1.96-1.9622.6322.6330.1230.12
17.Zerodha Gold ETFGOLDCASEGoldGold--15.5515.55-1.78-1.7822.7322.7331.0031.00
18.Groww Gold ETFGROWWGOLDGoldGold--96.8496.84-1.64-1.6423.1923.1923.6823.68
19.Union Gold ETFUNIONGOLDGoldGold--96.9096.90-1.58-1.5812.4112.4112.4112.41
20.360 ONE Gold ETFGOLD360GoldGold--96.7096.70-2.03-2.0310.5110.5110.5110.51

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Gold | Market Cap: Sorted from Highest to Lowest

Union Budget Implications on Gold ETFs in India

  1. The Union Budget 2024 introduced key changes affecting Gold ETFs, particularly around taxation and import duties. Taxation on Gold ETFs now aligns with physical gold investments, with short-term capital gains (STCG) taxed at 20% if held for less than 12 months and long-term capital gains (LTCG) taxed at 12.5% if held for over a year, without indexation benefits.
  2. Additionally, the government reduced the import duty on gold and silver from 15% to 6%, aiming to lower the cost of acquiring physical gold and potentially influencing investor preferences. These measures are designed to simplify tax frameworks and encourage investment in both physical gold and Gold ETFs, making the latter an increasingly attractive option for investors seeking exposure to gold with ease and transparency.

How to Invest in Gold ETFs?

Investing in Gold ETFs using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in Gold ETFs:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Gold ETFs: Go to Tickertape Stock Screener select the ‘ETF’ sector
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the top Gold ETFs in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Best Gold ETFs in India

Nippon India ETF Gold BeES

Launched in 2007, the Nippon India ETF Gold BeES tracks the price of physical gold, offering a transparent and efficient method for investors to invest in gold. It is one of the more popular gold ETFs in the Indian market.

SBI Gold ETF

Launched in 2009, SBI Gold ETF aims to reflect the price of gold in India, offering an efficient and cost-effective method for investors to gain exposure to the global gold ETF market.

Kotak Gold ETF

Kotak Gold ETF, established in 2007, provides an investment avenue for those looking to invest in gold through an ETF. The fund’s objective is to closely match the returns of gold in the domestic market.

HDFC Gold Exchange Traded Fund

HDFC Gold ETF, established in 2010, provides investors with an option to invest in gold without the need to physically store it. The fund’s objective is to track the price of gold in India.

UTI Gold Exchange Traded Fund

The UTI Gold ETF, launched in 2007, offers investors an opportunity to invest in gold by replicating its domestic price. The fund is designed to provide gold ETF returns that closely correspond to the price of physical gold.

What are Gold ETFs?

Gold Exchange-Traded Funds (ETFs) are passive investment instruments that track the price of gold. Each unit of a Gold ETF represents a specific amount of physical gold, typically in gram units, and is backed by gold stored in vaults. Gold ETFs are listed on stock exchanges, such as the NSE and BSE, allowing investors to trade them like shares.

Future Outlook of Gold ETFs in India

Ongoing market trends and regulatory changes shape the outlook for Gold ETFs in India. As of mid-2025, the Gold ETF market has grown to over ₹60,000 cr. in assets under management, reflecting increasing investor interest in gold as an alternative investment. SEBI's proposed standardisation of gold valuation for ETFs could enhance transparency, which may further strengthen investor confidence in these financial products. Institutional adoption of Gold ETFs has also increased, with corporate investments now accounting for 61.4% of the total AUM as of March 2025. This indicates a broader acceptance of gold ETFs as a credible investment option. Given the steady performance of gold, including a 26% return in the first half of 2025, it is likely that Gold ETFs will continue to be a relevant investment vehicle in India.

Advantages of Investing in Gold ETFs

Available at Low Cost

Since ETFs are available in the form of units, you can buy your desired quantity at low costs at the current gold ETF NAV.

Highly Liquid

Gold ETFs are liquid, just like stocks. You can buy and sell them as and when you need them.

No Locker Required

You can access these as you require without having to depend on your locker provider.

Less Volatile

Gold ETFs India, unlike gold mutual funds, act as a hedge against share market volatility, giving your portfolio some stability.

Risks of Investing in Gold ETFs in India

Price Volatility

Like physical gold, the price of Gold ETFs is subject to fluctuations based on market demand, international gold prices, and economic factors. Price volatility can lead to potential short-term losses for investors.

Tracking Error

Gold ETFs aim to replicate the performance of gold, but slight discrepancies (known as tracking errors) can arise due to management fees, storage costs, and other operational factors. This can lead to slight deviations from the actual price movement of gold.

Liquidity Risks

While Gold ETFs are traded on stock exchanges, their liquidity may vary. In less-traded ETFs, bid-ask spreads can widen, and executing large transactions may be more complex without impacting the price.

Taxation

Gold ETFs are subject to capital gains tax. Short-term capital gains (if sold within three years) are taxed at a rate of 20%, and long-term gains (after three years) are taxed at a rate of 12.5%, with no indexation benefits. Investors need to factor in this tax treatment when calculating returns.

Market Risk

External economic factors, such as inflation, currency devaluation, or geopolitical instability, can affect global gold prices and, consequently, the value of Gold ETFs.

Expense Ratio

Gold ETFs incur an annual expense ratio for management and custodial services. Although relatively low compared to actively managed funds, these costs can affect the net returns of investors.

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Factors to Consider Before Investing in Gold ETF

Gold ETF Expense Ratio

The expense ratio directly affects your returns, so opting for a low cost gold ETF can help maximise your gains over time. Even a small difference in expense ratios can have a significant impact on gold investment funds, especially over the long term.

Liquidity

High liquidity ensures that you can easily buy or sell your Gold ETF units without affecting the market price. It’s important to choose a top gold bees in India that is actively traded on the exchange to avoid issues with gold ETF liquidity.

Tracking Error

A low gold ETF tracking error indicates that the ETF closely follows the price movements of gold, ensuring that your returns mirror the actual gold price. The gold ETF with lowest tracking error in India is ideal for investors looking for accurate tracking of gold prices. Be cautious of ETFs with high tracking errors, as they may lead to lower-than-expected returns.

Investment Horizon

The best gold ETF in India is typically suited for medium to long-term investment horizons, allowing you to benefit from potential appreciation in gold prices over time. If you have a short-term focus, consider the market conditions carefully before participating in gold ETF trading.

Gold ETF Taxation

Be aware of the tax treatment of gold ETF in India, as short-term gains are taxed according to your income slab, while long-term gains are taxed at 20% with indexation benefits. Understanding these gold ETF tax benefits and other implications can help you plan your gold ETF investment strategy more effectively.

No Physical Storage

Since digital Gold-backed ETFs are held digitally, you avoid the gold ETF risk factors and costs associated with storing physical gold. This makes digital Gold ETFs a convenient option for those who prefer not to deal with the hassles of securing and insuring physical assets. When doing a gold ETF comparison India, this factor can be a deciding point for many investors.

To Wrap It Up

Gold ETFs provide a modern and efficient way to gain exposure to gold without the complexities of physical ownership. However, investors should be aware of the risks associated with volatility, liquidity, and taxation. As the market continues to evolve, Gold ETFs remain a viable option for diversifying investment portfolios with exposure to the gold market.

Frequently Asked Questions on Gold ETFs

  1. 1. What is Gold ETF?

    Gold ETF is a type of Exchange Traded Funds that are passively managed. These ETFs track domestic gold prices.

  2. 2. Do Gold ETFs have a lock-in period?

    No. Gold ETFs don’t have a lock-in period.

  3. 3. Which is better - Gold ETF vs physical gold?

    It depends on the purpose of buying. In case you want to buy gold for ornamental uses on an immediate basis, physical gold is the answer. However, if you want to hedge your portfolio or diversify it, the top gold ETF funds can be a good option, as you can reduce costs by saving storage charges.

  4. 4. How can I invest in Gold ETFs?

    Here’s how you can invest in Gold ETFs-
    1. Go to the Tickertape Stock Screener
    2. Select the 'ETFs'.
    3. From this sector, analyse and sort the Gold ETFs using over 200+ filters—including valuation ratios, financials, technical indicators, and more—based on your investment thesis.
    4. Review the filtered list, and identify Gold ETFs that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred Gold ETFs.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

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  5. 5. How to check Gold ETF price?

    One of the quickest ways to track the Gold ETF price trends is on Tickertape. Simply search for your desired Gold ETF on Tickertape. Once the ETF Page opens, you can see the Gold ETF price on the price chart.

  6. 6. Which is the best gold ETF in India?

    The best Gold ETF in India depends on factors like expense ratio, liquidity, performance, and how closely it tracks gold prices. Investors should consider their investment goals and preferences before making a selection.

  7. 7. What is the minimum investment in Gold ETFs?

    The minimum investment in Gold ETFs is typically one unit, which is usually equal to 1 gram of gold. The price of the unit depends on the current gold price.

  8. 8. What are the tax implications of Gold ETFs in India?

    Gold ETFs are taxed similarly to physical gold. Short-term capital gains are taxed at 20%, while long-term gains are taxed at 12.5%, with no indexation benefits.

  9. 9. How are Gold ETFs priced?

    Gold ETFs are priced based on the current price of gold in the international and domestic markets. The cost of the ETF fluctuates accordingly.