Top 7 Gold ETFs With Best SIP Returns in 3 Years: Know how Rs 11,000 monthly SIP has grown in each ETF
Top 7 Gold ETFs With Best SIP Returns in 3 Years: One gold ETF unit is equal to 1 gramme of gold and is backed by physical gold of very high purity (99.5% pure physical gold bars). Investors seeking the flexibility of stock investment and simplicity of gold investment can buy gold ETFs.
Top 7 Gold ETFs With Best SIP Returns in 3 Years: Gold ETFs, or gold exchange traded funds (ETFs), track domestic gold prices. Like other ETFs, gold ETFs can also be traded in the stock market. One gold ETF unit is equal to 1 gramme of gold and is backed by physical gold of very high purity (99.5% pure physical gold bars). Investors seeking the flexibility of stock investment and simplicity of gold investment can buy gold ETFs. When an investor buys or sells gold ETFs, they don’t get physical gold but receive the cash equivalent. In this write-up, we will tell you about the top 7 gold ETFs with the highest annualised SIP returns (XIRR) in the 3-year period and how the Rs 11,000 monthly SIP in each of them has given.
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SBI Gold Direct Plan-Growth
The ETF at the No. 1 position has given 16.81 per cent annualised SIP returns in the 3-year period.
It has assets under management (AUM) of Rs 2,028 crore, while its net asset value (NAV) is Rs 22.83.
Benchmarked against domestic price of gold, the ETF has given 6.64 per cent annualised returns (CAGR) since its debut in January 2013.
SBI Gold Direct Plan-Growth
At an expense ratio of 0.1 per cent, the ETF has Rs 500 as the minimum SIP and Rs 5,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the ETF in 3 years, or a total investment of Rs 3.96 lakh, has jumped to Rs 5.07 lakh.
Axis Gold Direct Plan-Growth
The ETF has given 16.71 per cent annualised SIP returns in the 3 years.
It has AUM of Rs 556 crore, while its NAV is Rs 23.71.
Benchmarked against domestic price of gold, the fund has given 6.44 per cent annualised return since its inception in January 2013.
Axis Gold Direct Plan-Growth
With an expense ratio of 0.17 per cent, the fund has Rs 105 each as the minimum SIP and lump investment.
A Rs 11,000 monthly SIP in the ETF has grown to Rs 5.07 lakh in the 3-year time frame.
ICICI Prudential Regular Gold Savings (FOF) Direct-Growth
The ETF has given 16.66 per cent annualised SIP returns in the 3-year time frame.
It has an asset base of Rs 1,087 crore, while its unit price is Rs 23.88.
Benchmarked against domestic price of gold, the gold ETF has given 6.63 per cent annualised return since its beginning in January 2013.
ICICI Prudential Regular Gold Savings (FOF) Direct-Growth
At an expense ratio of 0.09 per cent, the ETF has Rs 105 each as the minimum SIP and lump investment.
A Rs 11,000 monthly SIP in the ETF has swelled to Rs 5.06 lakh in the 3-year period.
HDFC Gold Direct Plan-Growth
The ETF has given 16.61 per cent annualised SIP returns in 3 years.
Its AUM of Rs 2,295 crore, while its NAV is Rs 23.32.
Benchmarked against the domestic price of gold, the ETF has given 6.57 per cent annualised return since its debut in January 2013.
HDFC Gold Direct Plan-Growth
At an expense ratio of 0.18 per cent, the ETF has Rs 105 each as the minimum SIP and lump investment.
A Rs 11,000 monthly SIP in the ETF has converted into Rs 5.06 lakh in the 3-year time frame.
Invesco India Gold ETF FoF Direct-Growth
The ETF has given 16.58 per cent annualised SIP returns in the 3-year period.
It has an asset base of Rs 77 crore, while its unit price is Rs 21.96.
Benchmarked against the domestic price of gold, the ETF has given 6.52 per cent annualised return since its inception in January 2013.
Invesco India Gold ETF FoF Direct-Growth
At an expense ratio of 0.1 per cent, the fund has Rs 500 as the minimum SIP investment and Rs 5,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the ETF has jumped to Rs 5.06 lakh in 3 years.
Kotak Gold Fund Direct-Growth
The ETF has given 16.41 per cent annualised SIP returns in the 3-year time frame.
It has AUM of Rs 1,977 crore, while its NAV is Rs 30.19.
Benchmarked against Nifty 200 Momentum 30 TRI, the gold ETF has given 6.59 per cent annualised return since its launch in January 2013.
Kotak Gold Fund Direct-Growth
At an expense ratio of 0.16 per cent, the ETF has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the ETF has grown into Rs 5.05 lakh in the 3-year period.
Quantum Gold Savings Fund Direct-Growth
The gold ETF has given 16.34 per cent annualised SIP returns in the 3 years.
Its AUM is Rs 121 crore, while its unit price is Rs 28.4.
Benchmarked against the domestic price of gold, the ETF has given 7.98 per cent annualised return since its beginning in April 2011.
Quantum Gold Savings Fund Direct-Growth
At an expense ratio of 0.06 per cent, the ETF has Rs 500 as the minimum SIP investment and Rs 1,000 as the minimum lump sum investment.
A Rs 11,000 monthly SIP in the ETF has swelled to Rs 5.04 lakh in the 3 years.
Nippon India Gold Savings Fund Direct-Growth
The gold ETF has given 16.32 per cent annualised SIP returns in the 3-year period.
It has an asset base of Rs 1,907 crore, while its NAV is Rs 29.81.
Benchmarked against the domestic price of gold, the ETF has given 6.42 per cent annualised return since its inception in January 2013.
Nippon India Gold Savings Fund Direct-Growth
At an expense ratio of 0.14 per cent, the ETF has Rs 500 as the minimum SIP investment and Rs 105 as the minimum lump sum investment.
A Rs 25,000 monthly SIP in the ETF has converted into Rs 5.04 lakh in the 3-year time frame.