Best Gold ETFs in September 2025 Based on Expense Ratio

Gold ETFs provide investors with an option to gain exposure to gold prices without the need to physically hold the metal. These funds mirror domestic gold prices and have become a popular hedge against inflation and market volatility.
The table below compares various Gold ETFs in India, sorted by their expense ratios, alongside their 1-month, 6-month, and 1-year performance.
Top 10 Gold ETFs Sorted by Expense Ratio
| Name | 1M Return (%) | 6M Return (%) | 1Y Return (%) | Expense Ratio (%) |
| Motilal Oswal Gold ETF | 5.49 | 7.67 | 7.67 | 0.20 |
| Mirae Asset Gold ETF | 6.04 | 21.75 | 47.21 | 0.31 |
| Zerodha Gold ETF | 6.16 | 21.66 | 47.10 | 0.32 |
| Tata Gold Exchange Traded Fund | 6.06 | 21.91 | 47.23 | 0.38 |
| IDBI Gold Exchange Traded Fund | 9.85 | 22.67 | 48.94 | 0.41 |
| 360 ONE Gold ETF | 8.32 | 19.54 | 19.54 | 0.43 |
| DSP Gold ETF | 6.26 | 21.40 | 47.54 | 0.45 |
| Edelweiss Gold ETF | 6.75 | 21.33 | 47.41 | 0.45 |
| Aditya BSL Gold ETF | 5.76 | 22.31 | 48.06 | 0.47 |
| UTI Gold Exchange Traded Fund | 6.31 | 21.90 | 47.81 | 0.48 |
Note: Data presented above is as of September 5, 2025. Returns, prices, and other metrics are subject to change based on market conditions and fund performance.
ShortTerm vs. LongTerm Gold ETF Performance
While Gold ETFs are largely used for long term hedging, short term returns can vary due to currency movements and international gold price volatility. IDBI Gold ETF delivered the highest 1-month return at 9.85%, while Mirae Asset and Tata Gold ETFs led the 6-month performance with returns above 21%.
On a 1-year basis, IDBI Gold ETF again outperformed peers with a 48.94% return, followed closely by Aditya BSL Gold ETF at 48.06%.
Expense Ratios: Cost Efficiency Comparison
Expense ratio plays a critical role in ETF selection. Lower costs translate into higher retained returns for investors over time. Among the listed funds, Motilal Oswal Gold ETF has the lowest expense ratio at 0.20%, while UTI Gold ETF has the highest at 0.48%.
What’s New in Gold ETFs?
Recently, Angel One Gold ETF NFO (New Fund Offer) opened on August 20, 2025, and closed on September 2, 2025. This open ended scheme is designed to track domestic gold prices by investing directly in physical gold, expanding investor choices in the Gold ETF segment.
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.
Conclusion
While returns have been strong across most funds, differences in expense ratios, fund management, and short term performance should be considered before making an investment decision.
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.
Mutual Fund investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Sep 5, 2025, 9:11 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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