# Gold funds

Funds that track the domestic price of gold.

Full page: https://discovermf.com/categories/gold
Figures as of 4 Nov 2026, from DiscoverMF. Information, not investment advice. Past returns do not indicate future returns. Mutual fund investments are subject to market risks; read all scheme-related documents carefully.

25 funds managing ₹1.74 lakh cr. Category averages: +16.8% over one year, +31.0% a year over three years; typical expense ratio 0.49%.

## All funds, by three-year return

| Fund | 1 year | 3 years (a year) | 5 years (a year) | Volatility | Expense ratio | Fund size |
| --- | --- | --- | --- | --- | --- | --- |
| [UTI Gold Exchange Traded Fund](https://discovermf.com/funds/uti-gold-exchange-traded-fund-105463.md) | +16.9% | +31.3% | +23.5% | 27.4% | 0.00% | ₹4,175 cr |
| [ICICI Prudential Gold ETF](https://discovermf.com/funds/icici-prudential-gold-etf-113076.md) | +16.9% | +31.2% | +23.4% | 27.3% | 0.49% | ₹26,409 cr |
| [LIC MF Gold Exchange Traded Fund](https://discovermf.com/funds/lic-mf-gold-exchange-traded-fund-151961.md) | +16.5% | +31.2% | — | 26.2% | 0.45% | ₹1,351 cr |
| [Quantum Gold ETF](https://discovermf.com/funds/quantum-gold-etf-107693.md) | +17.2% | +31.2% | +23.3% | 27.4% | 0.00% | ₹729 cr |
| [Kotak Gold ETF](https://discovermf.com/funds/kotak-gold-etf-106193.md) | +16.9% | +31.1% | +23.3% | 27.3% | 0.52% | ₹13,511 cr |
| [Mirae Asset Gold ETF](https://discovermf.com/funds/mirae-asset-gold-etf-151416.md) | +16.9% | +31.1% | — | 27.1% | 0.35% | ₹3,334 cr |
| [DSP Gold ETF](https://discovermf.com/funds/dsp-gold-etf-151737.md) | +17.0% | +31.0% | — | 27.1% | 0.00% | ₹2,748 cr |
| [HDFC Gold ETF](https://discovermf.com/funds/hdfc-gold-etf-113049.md) | +16.8% | +31.0% | +23.3% | 27.1% | 0.59% | ₹22,398 cr |
| [Invesco India Gold Exchange Traded Fund](https://discovermf.com/funds/invesco-india-gold-exchange-traded-fund-112368.md) | +16.9% | +31.0% | +23.4% | 26.2% | 0.50% | ₹715 cr |
| [Nippon India ETF Gold BeES](https://discovermf.com/funds/nippon-india-etf-gold-bees-140088.md) | +16.6% | +30.9% | +23.1% | 27.3% | 0.81% | ₹54,164 cr |
| [Axis Gold ETF](https://discovermf.com/funds/axis-gold-etf-113434.md) | +16.6% | +30.9% | +23.3% | 27.1% | 0.52% | ₹5,260 cr |
| [SBI Gold ETF](https://discovermf.com/funds/sbi-gold-etf-111954.md) | +16.7% | +30.7% | +23.2% | 27.1% | 0.65% | ₹25,210 cr |
| [Baroda BNP Paribas Gold ETF](https://discovermf.com/funds/baroda-bnp-paribas-gold-etf-152231.md) | +16.7% | — | — | 27.2% | 0.59% | ₹296 cr |
| [360 ONE Gold ETF](https://discovermf.com/funds/360-one-gold-etf-153357.md) | +16.7% | — | — | 27.1% | 0.00% | ₹122 cr |
| [Angel One Gold ETF](https://discovermf.com/funds/angel-one-gold-etf-153826.md) | +16.8% | — | — | 26.9% | 0.35% | ₹81.8 cr |
| [Bandhan Gold ETF](https://discovermf.com/funds/bandhan-gold-etf-153930.md) | — | — | — | 27.7% | 0.45% | ₹178 cr |
| [Choice Gold ETF](https://discovermf.com/funds/choice-gold-etf-153933.md) | — | — | — | 27.1% | 0.51% | ₹44.1 cr |
| [Edelweiss Gold ETF](https://discovermf.com/funds/edelweiss-gold-etf-152193.md) | +16.8% | — | — | 27.0% | 0.50% | ₹1,634 cr |
| [Groww Gold ETF](https://discovermf.com/funds/groww-gold-etf-152957.md) | +16.5% | — | — | 27.1% | 0.00% | ₹432 cr |
| [HSBC Gold ETF](https://discovermf.com/funds/hsbc-gold-etf-154294.md) | — | — | — | 19.5% | 0.62% | ₹689 cr |
| [Motilal Oswal Gold ETF](https://discovermf.com/funds/motilal-oswal-gold-etf-153780.md) | +16.6% | — | — | 27.0% | 0.59% | ₹1,807 cr |
| [Tata Gold Exchange Traded Fund](https://discovermf.com/funds/tata-gold-exchange-traded-fund-152284.md) | +16.5% | — | — | 27.5% | 0.00% | ₹5,876 cr |
| [Union Gold ETF](https://discovermf.com/funds/union-gold-etf-153337.md) | +16.7% | — | — | 27.1% | 0.49% | ₹271 cr |
| [The Wealth Company Gold ETF](https://discovermf.com/funds/the-wealth-company-gold-etf-154092.md) | — | — | — | 27.4% | 0.00% | ₹31.1 cr |
| [Zerodha Gold ETF](https://discovermf.com/funds/zerodha-gold-etf-152476.md) | +17.0% | — | — | 29.8% | 0.35% | ₹2,458 cr |

## Questions

### How many Gold funds are there?

25 funds, managing ₹1.74 lakh cr between them as of 4 Nov 2026. The largest is Nippon India ETF Gold BeES, at ₹54,164 cr.

### What return have Gold funds given?

The average Gold fund returned +16.8% over the last year, +31.0% a year over three years, +23.3% a year over five years. Over the last year the funds ranged from +16.5% to +17.2%. Past returns do not tell you future returns.

### Which Gold fund has the lowest expense ratio?

UTI Gold Exchange Traded Fund, at 0.00% a year, against 0.49% for the average fund in the category. The expense ratio is taken out of the fund every day, so every return shown is already after it.

### Which Gold fund has the highest three-year return?

UTI Gold Exchange Traded Fund, at +31.3% a year over the last three years, against +31.0% for the average fund. Past returns do not tell you future returns.

### How risky are Gold funds?

Their volatility over the last year averaged 27.1%: the higher it is, the more the price swings from day to day. All of them carry the riskometer level High, on SEBI's six-step scale from Low to Very High.