Top 7 Gold ETFs in 1 Year: Gold exchange-traded funds have been attracting investor attention for over more than a year because of a rise in gold rate. Gold ETFs invest in physical gold of very high purity. It makes those investors’ job easy who want to benefit from the rising price of gold but don’t want to have it in its physical form. They can invest in gold ETFs through their demat account. Gold ETFs can be bought and sold in a share market like any other stock. Their price fluctuate throughout a trading session. Amid rising interest of investors, we take you through the top 7 gold ETFs that have given the highest returns (CAGR) in 1 year. Also know which of the ETFs has given the highest return on a Rs 5 lakh investment in a 1-year time frame.
IDBI Gold Exchange Traded Fund
The gold ETF at the top has given 32.44 per cent return in the 1-year time frame.
It has asset under management (AUM) of Rs 403.80 crore, while its net asset value (NAV) is Rs 8,834.250.
Benchmarked against the price of the physical gold of very high purity, the fund has an expense ratio of 0.48 per cent.
A Rs 5,00,000 invested a year ago in the fund is now worth Rs 6,62,200.
Aditya BSL Gold ETF
The gold ETF has given 32.03 per cent return in 1 year.
The ETF has an AUM of Rs 1,133.31 crore, while its NAV is Rs 86.010.
Benchmarked against the price of the physical gold of very high purity, it has an expense ratio of 0.47 per cent.
A Rs 5,00,000 invested a year ago in the fund has jumped to Rs 6,60,150.
UTI Gold Exchange Traded Fund
The ETF has given 31.72 per cent return in the 1-year period.
The fund has assets worth Rs 1,133.31 crore, while its NAV is Rs 86.010.
Benchmarked against the price of the physical gold of very high purity, it has an expense ratio of 0.48 per cent.
A Rs 5,00,000 invested a year ago in the fund has converted into Rs 6,58,600.
Invesco India Gold Exchange Traded Fund
The gold ETF has given 31.51 per cent return in the 1-year time frame.
The ETF has an AUM of Rs 283.02 crore, while its NAV is Rs 8,515.00.
Benchmarked against the price of the physical gold of very high purity, it has an expense ratio of 0.55 per cent.
A Rs 2,00,000 invested a year ago in the fund has grown to Rs 6,57,550.
Mirae Asset Gold ETF
The fund has given 31.51 per cent return in 1 year.
It has an AUM of Rs 768.74 crore, while its unit price is Rs 95.20.
Benchmarked against the price of the physical gold of very high purity, it has an expense ratio of 0.31 per cent.
A Rs 2,00,000 invested a year ago in the fund is now worth Rs 6,57,550.
ICICI Prudential Gold ETF
The ETF has given 31.46 per cent return in the 1-year time frame.
The fund holds assets worth Rs 7,849.81 crore, while its NAV is Rs 83.76.
Benchmarked against the price of the physical gold of very high purity, it has an expense ratio of 0.50 per cent.
A Rs 2,00,000 invested a year ago in the fund has jumped to Rs 6,57,300.
Tata Gold Exchange Traded Fund
The gold ETF has given 31.31 per cent return in the 1-year period.
The ETF has an AUM of Rs 747.42 crore, while its NAV is Rs 9.52.
Benchmarked against the price of the physical gold of very high purity, it has an expense ratio of 0.38 per cent.
A Rs 2,00,000 invested a year ago in the fund is now worth Rs 6,56,550.
