Best Gold ETFs in India for May 2026: LIC MF, Aditya Birla Sun Life, ICICI Prudential and More Based on 5-Y CAGR

Written by: Kusum KumariUpdated on: 5 May 2026, 4:53 pm IST
Top Gold ETFs for May 2026 led by LIC MF, Aditya Birla Sun Life, ICICI Prudential, Quantum and Invesco India, ranked by 5Y CAGR, 1Y returns and market cap.
Best Gold ETFs
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Gold exchange traded funds (ETFs) are gaining strong investor interest as a diversification tool, especially during times of market volatility and rising inflation. They provide exposure to gold prices without the need to own physical gold, while still offering liquidity and transparency.

With gold prices remaining firm in recent years, many Gold ETFs have generated consistent long-term returns. Based on 5-year CAGR, several funds from different asset management companies stand out for investors evaluating gold allocation opportunities as of May 2026. 

Best Gold ETFs in India for May 2026: 5Y CAGR Basis

Name Market Cap (₹ Cr) 1Y Return (%) 5Y CAGR (%) 
LIC MF Gold ETF265.93 53.84 25.19 
Aditya Birla Sun Life Gold ETF971.97 54.74 24.95 
ICICI Prudential Gold ETF5,246.25 53.81 24.83 
Quantum Gold Fund358.01 54.11 24.79 
Invesco India Gold Exchange Traded Fund203.46 53.91 24.79 

Note: The best Gold ETFs for May 2026 mentioned above have been selected and sorted based on 5-year CAGR as of May 04, 2026.

Overview of the Best Gold ETFs in India

1. LIC MF Gold ETF (LICMFGOLD) 

  • 52-week high: ₹162
  • 52-week low: ₹83.25
  • 1-year return: 53.84%
  • Expense ratio: 0.45%
  • AUM: ₹1,346.43 crore

2. Aditya Birla Sun Life Gold ETF (BSLGOLDETF) 

  • 52-week high: ₹155.99
  • 52-week low: ₹80.77
  • 1-year return: 54.74%
  • Expense ratio: 0.43%
  • AUM: ₹2,675.16 crore

3. ICICI Prudential Gold ETF (GOLDIETF)

  • 52-week high: ₹158
  • 52-week low: ₹78.59
  • 1-year return: 53.81%
  • Expense ratio: 0.50%
  • AUM: ₹24,470.19 crore

Best Gold ETFs in India for May 2026: 1-Yr Return

Name Market Cap (₹ Cr) 1Y Return (%) 5Y CAGR (%) 
Aditya Birla Sun Life Gold ETF 971.97 54.74 24.95 
UTI Gold Exchange Traded Fund 1,803.32 54.72 24.37 
Kotak Gold ETF 5,438.86 54.28 24.55 
Quantum Gold Fund 358.01 54.11 24.79 
DSP Gold ETF 472.82 53.99  

Note: The best Gold ETFs for May 2026 mentioned above have been selected and sorted based on 1-year return as of May 04, 2026.

Best Gold ETFs in India for May 2026: Market Cap Basis

Name Market Cap (₹ Cr) 1Y Return (%) 5Y CAGR (%) 
Nippon India ETF Gold BeES 14,129.27 53.78 24.60 
SBI Gold ETF 7,271.68 53.21 24.74 
Kotak Gold ETF 5,438.86 54.28 24.55 
ICICI Prudential Gold ETF 5,246.25 53.81 24.83 
HDFC Gold ETF 5,237.92 52.77 24.79 

 Note: The best Gold ETFs for May 2026 mentioned above have been selected and sorted based on market cap as of May 04, 2026.

Read MoreRBI Brought Back 77% of Gold Reserves as Global Risk Drives Shift to Domestic Holdings.

Conclusion

Gold ETFs offer a simple and efficient way to gain exposure to gold, combining the trust of a traditional safe-haven asset with the ease of stock market investing. They remove the hassle of physical storage and enable cost-effective, seamless transactions, making them a practical choice for investors seeking stability along with flexibility.

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/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.

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

Published on: May 5, 2026, 10:49 AM IST

Kusum Kumari

Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.

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