In India, buying gold is a strong tradition linked to prosperity and luck. Akshaya Tritiya, celebrated on April 30, 2025, is considered auspicious for purchasing gold. Tata Gold ETF offered the highest return of 59.42% since that date, with an AUM of Rs 5,634 crore as of March 31.
Aditya Birla Sun Life Gold ETF and ICICI Prudential Gold ETF followed closely with returns of 59.09% and 59.04%, respectively, and AUMs of Rs 2,675 crore and Rs 24,470 crore. Zerodha Gold ETF returned 58.98% with an AUM of Rs 2,165 crore, while Kotak Gold ETF posted a return of 58.89% and an AUM of Rs 14,115 crore.
DSP Gold ETF and HDFC Gold ETF each gained 58.85%, with AUMs of Rs 2,132 crore and Rs 22,540 crore, respectively. Mirae Asset Gold ETF and Axis Gold ETF both returned 58.74%, with AUMs of Rs 3,117 crore and Rs 5,080 crore. SBI Gold ETF and Nippon India ETF Gold BeES posted gains of 58.70% and 58.60%, with AUMs of Rs 23,579 crore and Rs 54,127 crore, respectively.
Prashant Pimple, CIO – Fixed Income, Baroda BNP Paribas MF, emphasized the importance of gold in portfolios, especially during economic uncertainty. He noted that digital forms of gold, such as Gold ETFs, are preferable for investment due to ease, monitoring, and liquidity.
