Top 7 Gold ETFs With Highest Annualised Returns in 10 Years: Know how Rs 10 lakh investment in each ETF has performed in last decade
Top 7 Gold ETFs in 10 Years: Gold exchange traded funds (ETFs) are mutual funds that track the prices of physical gold of very high purity. Investors who don't want to invest directly in the yellow metal may invest in its electronic form through gold ETFs.
Top 7 Gold ETFs in 10 Years: Investment in physical gold has its own charm, but many investors don't want to invest in it directly. Gold in the jewellery form also involves making charges, which are cut when they sell it. But at the same time, they may want to take benefit of gold price appreciation. For such investors, investment in gold's electronic form such as gold exchange traded funds (ETFs) can be an option.
Gold ETFs track the price of physical gold of 99.5 per cent purity and can be bought and sold on a stock exchange like any other stock. When someone invests in gold ETFs, they buy its net asset value (NAV) units, the rate of which rises or falls in sync with physical gold. Gold ETFs may go through fluctuations like physical gold in the short term, but they can give stable returns in the long run. In this write-up, go through the list of the top 7 gold ETFs with the highest annualised return (CAGR) in the 10-year period. Also know how a Rs 10 lakh investment in each of them has given in the same time frame.
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LIC MF Gold ETF
The gold ETF has given 10.37 per cent annualised returns in the 10-year time frame.
It has assets under management (AUM) of Rs 172 crore, while its net unit value (NAV) is Rs 6,869.3296.
Benchmarked against domestic price of gold, the fund has given 6.68 per cent annualised returns since its launch in November 2011.
LIC MF Gold ETF
With an expense ratio of 0.41 per cent, the ETF has Rs 10,000 as the minimum investment.
A Rs 10 lakh investment in the ETF has swelled to Rs 26,82,319 in the 10-year period.
Aditya Birla Sun Life Gold ETF
The ABSL ETF has given 10.07 per cent annualised returns in the 10-year period.
It has AUM of Rs 972 crore, while its NAV is Rs 67.2142.
Benchmarked against domestic price of gold, the fund has given 8.50 per cent annualised returns since its debut in May 2011.
Aditya Birla Sun Life Gold ETF
At an expense ratio of 0.54 per cent, the ETF has Rs 5,000 as the minimum investment.
A Rs 10 lakh investment in the ETF has grown to Rs 26,10,295 in the 10-year time frame.
HDFC Gold ETF Fund of Fund - Direct Plan
The HDFC gold ETF has given 10.07 per cent annualised returns in 10 years.
It has an asset base of Rs 2,795 crore, while its NAV is Rs 23.9561.
Benchmarked against domestic price of gold, the fund has given 6.71 per cent annualised returns since its inception 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 10 lakh investment in the ETF has converted into Rs 26,10,295 in the 10-year period.
Kotak Gold ETF
It has given 10.07 per cent annualised returns in the 10-year time frame.
It has a fund size of Rs 5,319 crore, while its NAV is Rs 63.9130.
Benchmarked against domestic price of gold, the fund has given 12.11 per cent annualised returns since its beginning in July 2007.
Kotak Gold ETF
At an expense ratio of 0.55 per cent, the ETF has Rs 100 as the minimum investment.
A Rs 10 lakh investment in the ETF has swelled to Rs 26,10,295 in 10 years.
Invesco India Gold ETF
The gold ETF has given 10.06 per cent annualised returns in the 10-year period.
It has AUM of Rs 141 crore, while its unit price is Rs 6,642.6822.
Benchmarked against domestic price of gold, the fund has given 9.79 per cent annualised returns since its launch in March 2010.
Invesco India Gold ETF
With an expense ratio of 0.55 per cent, the ETF has Rs 5,000 as the minimum investment.
A Rs 10 lakh investment in the ETF has jumped to Rs 26,07,925 in the 10-year period.
HDFC Gold ETF
The HDFC gold ETF has given 10.03 per cent annualised returns in the 10-year time frame.
Its AUM is Rs 6,615 crore, while its NAV is Rs 65.1807.
Benchmarked against domestic price of gold, the fund has given 9.42 per cent annualised returns since its inception in August 2010.
HDFC Gold ETF
At an expense ratio of 0.59 per cent, the ETF has Rs 5,000 as the minimum investment.
A Rs 10 lakh investment in the ETF has grown to Rs 26,00,825 in 10 years.
SBI Gold ETF
The SBI gold ETF has given 10.02 per cent annualised returns in the 10-year period.
It has an asset base of Rs 5,978 crore, while its NAV is Rs 65.4067.
Benchmarked against domestic price of gold, the fund has given 10.02 per cent annualised returns since its beginning in April 2009.
SBI Gold ETF
With an expense ratio of 0.65 per cent, the ETF has Rs 5,000 as the minimum investment.
A Rs 10 lakh investment in the ETF has converted into Rs 25,98,462 in the 10-year time frame.