Top 7 Gold ETFs With Best Returns in 3 Years: No.1 ETF has converted Rs 7 lakh investment into Rs 10.80 lakh; know how others have fared
Top 7 Gold ETFs with Best Returns in 3 Years: Investors who don't want to invest in physical gold directly but want to take advantage of its price appreciation can do so by investing in gold ETFs. These are exchange-traded mutual funds which can be traded in a share market.
Top 7 Gold ETFs with Best Returns in 3 Years: Gold charms people for its shine and value. Considered as the best hedge against inflation worldwide, gold attracts investors in large numbers. In the modern world, investors can invest in gold in its physical form as well as its electronic form. In its electronic form, the gold exchange-traded fund (ETF) is one of the investment types. Gold ETFs are passive investments that track the price of physical gold of 99.5 per cent purity. They invest in gold bullion. One gold ETF unit is equal to 1 gramme of gold. So, they combine the flexibility of stock investment and the simplicity of gold investments. Gold ETFs can be traded in a stock market like any other stock.
Know the top 7 gold ETFs with best annualised return (CAGR) in 3 years and what Rs 7 lakh investment in each of them has given during that period.
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LIC MF Gold ETF
The ETF has given 15.55 per cent annualised SIP return in the 3-year time frame.
It has assets under management (AUM) of Rs 170 crore, while its net asset value (NAV) is Rs 6,969.4314.
Benchmarked against the domestic price of gold, the fund has given 6.77 per cent annualised return since its inception in November 2011.
LIC MF Gold ETF
With an expense ratio of 0.41 per cent, the fund has Rs 10,000 as the minimum investment.
A Rs 7,00,000 one-time investment in the ETF has jumped to Rs 10,79,960.55 in the 3-year period.
LIC MF Gold ETF FoF - Direct Plan
The ETF has given 15.36 per cent annualised SIP return in the 3-year period.
It has AUM of Rs 70 crore, while its NAV is Rs 21.2187.
Benchmarked against the domestic price of gold, the fund has given 6.47 per cent annualised return since its debut in January 2013.
LIC MF Gold ETF FoF - Direct Plan
At an expense ratio of 0.25 per cent, the fund has Rs 200 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 7,00,000 one-time investment in the ETF has grown to Rs 10,74,641.93 in the 3-year period.
HDFC Gold ETF Fund of Fund - Direct Plan
The fund has given 15.11 per cent annualised SIP return in 3 years.
It has an asset base of Rs 2,715 crore, while its unit price is Rs 24.2647.
Benchmarked against the domestic price of gold, the fund has given 6.79 per cent annualised return since its launch in January 2013.
HDFC Gold ETF Fund of Fund - Direct Plan
With an expense ratio of 0.18 per cent, the ETF has Rs 100 as the minimum SIP and lump sum investment each.
A Rs 7,00,000 one-time investment in the ETF has converted into Rs 10,67,670.4 in the 3-year period.
Invesco India Gold ETF
The fund has given 15.11 per cent annualised SIP return in the 3-year time frame.
It has an asset base of Rs 144 crore, while its unit price is Rs 6,727.7744.
Benchmarked against the domestic price of gold, the fund has given 9.84 per cent annualised return since its launch in March 2010.
Invesco India Gold ETF
With an expense ratio of 0.55 per cent, the fund has Rs 5,000 as the minimum investment.
A Rs 7,00,000 one-time investment in the ETF has jumped to Rs 10,67,670.4 in the 3-year period.
UTI Gold Exchange Traded Fund
The fund has given 15.09 per cent annualised SIP return in 3 years.
It has an asset base of Rs 1,468 crore, while its unit price is Rs 64.7655.
Benchmarked against the domestic price of gold, the fund has given 11.46 per cent annualised return since its launch in March 2007 .
UTI Gold Exchange Traded Fund
With an expense ratio of 0.49 per cent, the fund has Rs 20,000 as the minimum investment.
A Rs 7,00,000 one-time investment in the ETF has jumped to Rs 10,67,113.98 in the 3-year period.
HDFC Gold ETF
The fund has given 15.00 per cent annualised SIP return in the 3-year period.
It has an asset base of Rs 6,429 crore, while its unit price is Rs 66.1978.
Benchmarked against the domestic price of gold, the fund has given 9.49 per cent annualised return since its launch in August 2010.
HDFC Gold ETF
With an expense ratio of 0.59 per cent, the ETF has Rs 5,000 as the minimum investment.
A Rs 7,00,000 one-time investment in the ETF has jumped to Rs 10,64,612.5 in the 3-year period.
Invesco India Gold ETF FoF - Direct Plan
The fund has given 15.00 per cent annualised SIP return in 3 years.
It has an asset base of Rs 100 crore, while its unit price is Rs 22.8017.
Benchmarked against the domestic price of gold, the fund has given 6.72 per cent annualised return since its launch in January 2013.
Invesco India Gold ETF FoF - Direct Plan
With an expense ratio of 0.10 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 7,00,000 one-time investment in the ETF has jumped to Rs 10,64,612.5 in the 3-year period.