Good evening :)

List of Best Metals ETFs in India 2026

Metal ETFs in India continue to gain traction as investors look for simple ways to track commodity prices without dealing with physical delivery. Gold ETFs alone crossed ₹1 lakh cr in AUM in 2025, while silver ETFs saw strong inflows after global prices rose more than 20% in 2024. These trends show rising interest in exchange-traded funds that offer transparent exposure to metals through the stock market.

Top Metals ETFs in 2026

Metals ETF Stock Screener

Metals ETF Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Created by

@tickertapetickertape

Showing 1 - 3 of 3 results

last updated at 6:30 AM IST 
NameStocks (3)↓↓Sub-SectorSub-Sector↓↓Market CapMarket Cap↓↓Close PriceClose Price↓↓PE RatioPE Ratio↓↓1D Return1D Return↓↓1M Return1M Return↓↓6M Return6M Return↓↓1Y Return1Y Return↓↓PB RatioPB Ratio↓↓Return on EquityReturn on Equity↓↓ROCEROCE↓↓Dividend YieldDiv Yield↓↓Debt to EquityDebt to Equity↓↓Volatility vs NiftyVolatility vs Nifty↓
1.Mirae Asset Nifty Metal ETFMETALEquityEquity32.1932.1911.9411.94---3.08-3.084.654.6527.2927.2943.1743.17----------1.961.96
2.ICICI Prudential Nifty Metal ETFMETALIETFEquityEquity11.5511.5511.9511.95---2.85-2.854.824.8227.4027.4043.1143.11----------1.871.87
3.Groww Nifty Metal ETFGROWWMETALEquityEquity8.888.8811.2911.29---3.17-3.174.934.9310.3610.3610.3610.36----------2.342.34
Edit Filters

Analyse Metals ETFs further

Analyse Metals ETFs furtherScreener

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: Based on publicly available information | Sorted by market capitalisation from highest to lowest.

Overview of Top Metal ETFs in India

Nippon India Silver ETF

Nippon India Silver ETF tracks domestic silver and metal ETF share prices and invests in physical silver. The fund aims to provide returns that closely correspond to silver's performance before expenses. Units trade on stock exchanges, offering exposure to silver as a commodity investment.

Nippon India ETF Gold BeES

Nippon India ETF Gold BeES tracks the price of gold by investing in physical gold. The fund seeks to deliver returns that reflect gold price movements before expenses. It trades on exchanges, providing investors with gold exposure without physical storage requirements.

SBI Gold ETF

SBI Gold ETF invests in physical gold and tracks domestic gold metal ETF share prices. The fund aims to replicate gold's price performance before expenses. Units trade on stock exchanges during market hours, offering investors an exchange-traded route to gold investment.

Kotak Gold Etf

Kotak Gold ETF holds physical gold and tracks its domestic price movements. The fund seeks to provide returns corresponding to gold's performance before expenses. It offers exchange-traded exposure to gold without the need for physical possession or storage arrangements.

ICICI Prudential Gold ETF

ICICI Prudential Gold ETF invests in physical gold to track domestic gold prices. The fund aims to mirror gold's price movements before expenses. Trading on stock exchanges, it provides investors with a convenient way to gain gold exposure through demat accounts.

What are Metal ETFs?

Metal ETFs are exchange-traded funds that track the price of physical metals such as gold, silver, or a specific metal basket. These funds hold metal bullion or metal-backed assets and list on stock exchanges, allowing investors to buy or sell units like shares. Metal ETFs aim to mirror the market metal ETF share price of the underlying metal, offering a transparent way to follow price movements without managing storage, purity, or physical procurement.

How to Invest in Metals ETFs?

Here's how you can invest in Metals ETFs using Tickertape -

  1. Create an account on the Tickertape or log in if you already have one.
  2. Open Tickertape Stock Screener
  3. Filter Metals ETFs screener based on various parameters such as market cap, close price, past returns and more. You can review this data to evaluate each ETF’s performance trends and determine whether they align with your investment thesis.
  4. Once you’ve decided on an ETF, you can place a buy order through your brokerage account linked to Tickertape.

You can also stay updated on alerts and announcements for your favourite stocks 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!

Features of Metal ETFs in India

Diversified Metal Exposure

When you invest in Metal ETFs in India, you get exposure to a basket of metal and mining stocks from Indian exchanges. These include companies working with aluminium, copper, zinc, steel, and other base metals. Instead of putting all your money into one commodity, you spread it across multiple metal segments

Direct Metal Price Tracking

Some Metal ETFs give you direct access to precious metals like gold or silver. They do this by holding physical metals or using derivatives. You can track metal price movements without worrying about storing physical metals or arranging delivery.

Exchange-Traded Liquidity

Metal ETF India products trade on NSE and BSE during market hours. You can buy or sell units instantly at current market prices, just like you trade individual stocks. The pricing happens in real-time.

Lower Minimum Investment

Physical metals and large commodity contracts need substantial capital. Metal ETF India products work differently—you can start with the price of a single unit. This makes metal exposure possible for retail investors who want to start small.

Transparent Holdings

Nifty metal ETFs show you their portfolio holdings on a regular basis. You can see exactly which metal companies or physical metal assets you own through the fund. This clarity helps you understand what drives your fund's performance.

Advantages of Investing in Metals ETFs in India

Portfolio Diversification

Nifty metal ETFs from the Nifty metal ETF list bring commodity-linked assets into your investment portfolio. These assets often move differently from traditional equity and debt investments. This different behaviour can reduce your overall portfolio volatility and give you better diversification.

Inflation Hedge Potential

History shows that metals, especially precious metals, work as a hedge against inflation. Metal ETFs give you exposure to these assets. They may help protect your purchasing power when prices rise across the economy.

Cost Efficiency

Physical metal ownership comes with making charges, storage fees, insurance costs, and purity verification expenses. Metal ETFs eliminate all these costs. You get exposure to metal price movements through a lower expense ratio compared to actively managed funds.

Cyclical Opportunity Access

The metals sector moves in cycles. Industrial demand, economic growth, and commodity price trends drive these cycles. Nifty metal ETFs on the Nifty metal ETF list give you an efficient way to jump into these cyclical opportunities when metals look ready to perform well.

Tax Efficiency

Tax authorities treat Nifty metal ETFs that invest in equity shares of metal companies as equity funds. This gives you potentially more favourable long-term capital gains tax treatment compared to what you'd pay on physical metal holdings.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated
Download Now

Risks of Investing in Metals ETFs in India

Commodity Price Volatility

Metal prices and metal ETF share prices can swing sharply. Global demand-supply dynamics, currency movements, geopolitical events, and economic cycles all cause these swings. Nifty metal ETF in India can show significant volatility because of these factors.

Economic Sensitivity

Metal demand ties closely to industrial production and economic growth. When the economy slows down or key sectors like construction, manufacturing, and infrastructure contract, metal prices usually fall. Metal ETF values can decline substantially during these periods.

Currency Risk

Metal ETFs that track global metal prices face currency exposure. If the rupee weakens against the dollar while metal prices fall in dollar terms, you face amplified losses. Currency movements also affect how competitive domestic metal companies remain in global markets.

Tracking Error

Metal ETFs don't always perfectly mirror their underlying index or commodity price. Management fees, rebalancing costs, and market inefficiencies create gaps. Your ETF's performance may deviate from what you expected based on the benchmark.

Concentration Risk

Metal sector ETFs concentrate all their holdings in one industry segment. This makes them vulnerable when the sector faces specific challenges. Regulatory changes, environmental restrictions, or technological disruptions that affect metal demand hit these ETFs hard.

No Income Generation

Most Metal ETFs, particularly those tracking physical metals, don't pay out regular income. You won't get dividends like equity funds or interest like debt instruments. Your returns depend entirely on price appreciation.

Factors to Consider Before Investing in Metals ETFs

Investment Time Horizon

The metals sector runs through cyclical patterns that span several years. When you enter and exit the market makes a big difference to your returns. Longer holding periods can smooth out the short-term ups and downs.

Global Economic Outlook

Global economic conditions influence metal demand heavily. Major consuming economies like China, the US, and Europe drive this demand. Watch industrial production trends, infrastructure spending, and manufacturing activity—these factors affect metal prices directly.

Underlying Index or Asset

Different Metal ETFs track different things. Some focus on physical gold or silver. Others invest in diversified metal mining stocks. Some concentrate on specific base metals. What the ETF holds underneath determines your risk and return characteristics.

Expense Ratio and Costs

The total expense ratio eats into your long-term returns. This matters especially in commodity-linked investments where price appreciation drives your gains. Don't forget transaction costs—brokerage and exchange fees also impact your overall profitability.

Liquidity and Trading Volume

Daily trading volumes and bid-ask spreads determine how easily you can enter and exit positions. Lower liquidity means higher transaction costs. You might also struggle to execute trades at the prices you want.

Existing Portfolio Allocation

How much you should put into Metal ETFs depends on what you already own. Consider your current portfolio composition, risk tolerance, and overall asset allocation strategy. Metals typically work better as a tactical or hedging component rather than a core portfolio holding.

Taxation on Metals ETFs

The tax treatment for Metals ETFs is determined by the holding duration. Short-term and long-term gains are taxed differently.

Holding Period Tax Treatment
Short-Term (< 12 months ) Gains taxed at a flat rate of 20% (increased from the previous 15%).
Long-Term (> 12 months) Gains taxed at 12.5%. Exemption applies to the first ₹1.25 Lakh of long-term gains across all equity assets in a financial year.

Conclusion

Metal ETFs offer a simple way to follow movements in gold, silver, and other metals through the stock market. Growing AUM in these ETFs shows consistent interest in metal-linked instruments as investors track price cycles, global demand, and commodity-driven market trends. If you want to study metal-related stocks, sectors, or themes in more detail, the Tickertape Stock Screener helps you filter and compare companies using data-backed metrics for clearer research..

Popular Stock Collections

Popular Mutual Fund Collections

Frequently Asked Questions on Metals ETFs

  1. What is a Metal ETF in India?

    A Metal ETF (Exchange Traded Fund) is an investment fund that trades on stock exchanges and tracks the performance of metal prices or metal company stocks. It can either hold physical metals like gold or silver or invest in shares of companies involved in metal mining, production, and processing.

  2. Which Metal ETF is the best?

    As of 15th January 2026, some of the best Metal ETFs in India, according to market cap include:
    1. Nippon India Silver ETF
    2. Nippon India ETF Gold BeES
    3. SBI Gold ETF
    4. Kotak Gold Etf
    5. ICICI Prudential Gold ETF

    Disclaimer: The above Nifty metal ETF list is for educational purposes only and should not be considered investment advice.

  3. What types of Metal ETFs are available in India?

    Indian investors can access Gold ETFs, Silver ETFs, and Metal & Mining sector ETFs. Gold and Silver ETFs typically hold physical metals, while Metal & Mining ETFs invest in equity shares of companies like Hindalco, Tata Steel, Vedanta, and other metal producers listed on Indian exchanges.

  4. What is the difference between Gold ETF and Metal ETF?

    Gold ETFs specifically track gold prices by holding physical gold, while Metal ETFs can track a broader basket of metals or metal company stocks. Gold ETFs offer pure gold exposure, whereas Metal ETFs provide diversified metal sector exposure, including industrial metals like copper, aluminium, and zinc. Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  5. Can I hold Metal ETFs in my Demat account?

    Yes, Metal ETFs must be held in a Demat account, just like stocks. When you purchase Metal ETF units through your broker, they are credited to your Demat account. You cannot hold physical certificates of Metal ETFs.

  6. What is the lock-in period for Metal ETFs in India?

    Metal ETFs have no lock-in period. Investors can buy and sell units on the stock exchange any time during market hours. However, holding periods affect tax treatment, with short-term capital gains applying to holdings under specified durations.

  7. What are the charges for investing in Metal ETFs?

    Charges include brokerage fees charged by your broker (typically 0.01% to 0.5% per trade), Disclaimer: This response is informational and not recommendatory. Please consult a SEBI-registered advisor or conduct independent research before making any decisions.

  8. How are Metal ETFs taxed in India?

    Taxation depends on the ETF type. Metal & Mining sector ETFs (equity-oriented) are taxed as equity funds: short-term gains (held <1 year) at 20%, long-term gains above ₹1.25 lakh at 12.5%.

  9. How to sell metals ETFs?

    Metals ETFs can be sold on the stock exchange using your demat account. The sell order executes at current market prices and follows the standard settlement cycle.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.