Best Gold ETFs in April 2026: LIC MF, ICICI Prudential, Axis, SBI and More Based on 5-Year CAGR

Written by: Neha DubeyUpdated on: 3 Apr 2026, 1:30 pm IST
Explore the top Gold ETFs in India for April 2026 ranked by 5-year CAGR, featuring LIC MF, ICICI Prudential, Axis, SBI and other funds.
Best Gold ETFs in April 2026: LIC MF, ICICI Prudential, Axis, SBI and More Based on 5-Year CAGR
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Gold exchange traded funds (ETFs) continue to draw investor attention as a diversification option, particularly during periods of market volatility and inflation concerns. These instruments offer exposure to gold prices without the need to hold physical assets, while maintaining liquidity and transparency.

With gold prices showing sustained strength in recent years, several Gold ETFs have delivered stable long term returns. Based on 5-year CAGR, a number of funds across asset management companies stand out for investors assessing gold allocation opportunities in April 2026.

Top Gold ETFs in India for April 2026 Based on 5-Year CAGR

Name5Y CAGR (%)Expense Ratio
LIC MF Gold ETF26.290.41
Invesco India Gold Exchange Traded Fund26.190.54
ICICI Prudential Gold ETF26.110.50
Quantum Gold Fund26.070.56
Axis Gold ETF26.030.56
HDFC Gold ETF26.010.59
SBI Gold ETF25.930.70
Aditya Birla Sun Life Gold ETF25.890.43
Kotak Gold ETF25.860.55
Nippon India ETF Gold BeES25.840.80

Note: The data above is as of April 2, 2026 and is sorted based on 5-year CAGR.

Overview of Top Gold ETFs for April 2026

1. LIC MF Gold ETF

LIC MF Gold ETF ranks highest based on 5-year CAGR. The fund invests in physical gold to track domestic gold prices and aims to provide returns aligned with bullion movements.

Key Metrics

  • Market Cap: ₹240.96 Cr
  • 1Y Return: 60.16%

2. Invesco India Gold Exchange Traded Fund

This ETF has delivered consistent performance by closely tracking gold price trends while offering exchange-traded liquidity.

Key Metrics

  • Market Cap: ₹184.00 Cr
  • 1Y Return: 62.56%

3. ICICI Prudential Gold ETF

ICICI Prudential Gold ETF remains among the larger funds by market capitalisation and focuses on replicating gold price performance.

Key Metrics

  • Market Cap: ₹4,701.12 Cr
  • 1Y Return: 61.99%

4. Quantum Gold Fund

Quantum Gold Fund provides exposure through ETF structures and physical gold holdings and is often considered for diversification.

Key Metrics

  • Market Cap: ₹322.35 Cr
  • 1Y Return: 62.53%

5. Axis Gold ETF

Axis Gold ETF has shown relatively steady alignment with gold price trends over the long term and is evaluated for portfolio diversification.

Key Metrics

  • Market Cap: ₹786.30 Cr
  • 1Y Return: 61.52%

Gold ETFs Ranked by Expense Ratio

NameExpense Ratio
Zerodha Gold ETF0.33
The Wealth Company Gold ETF0.34
Mirae Asset Gold ETF0.35
Angel One Gold ETF0.35
Tata Gold Exchange Traded Fund0.38
LIC MF Gold ETF0.41
Aditya Birla Sun Life Gold ETF0.43
360 ONE Gold ETF0.43
DSP Gold ETF0.45
Bandhan Gold ETF0.45

Note: The data above is as of April 2, 2026 and is sorted by expense ratio.

Where to Learn More About These ETFs?

ETFs are exchange traded funds and, like stocks, are held in a demat account. To explore each of the ETFs mentioned above in detail including their latest NAVs, historical performance, and portfolio allocation you can visit Angel One's ETF page. For a broader look at mutual fund offerings and categories, check out Angel One’s mutual fund page.

Read More: Good Friday Bank Holiday 2026: Are Banks Open or Closed on April 3?

Conclusion

Gold ETFs continue to serve as an option for investors seeking exposure to gold without holding physical assets. Investors may consider factors such as expense ratios, fund size, and investment objectives before making allocation decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Mutual fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Apr 3, 2026, 8:00 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

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