Here we see titles of blog is Best gold ETF in India 2024 after announcing Budget 2024-25. So we see all about Best gold ETF 2024.
Gold ETFs (Exchange Traded Funds) are investment funds traded on stock exchanges, designed to reflect the price movements of gold. In India, these funds are regulated by the Securities and Exchange Board of India (SEBI) and are offered by various mutual fund companies.
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Key Features of Gold ETFs
- Backing by Physical Gold: Gold ETFs are backed by actual gold bullion, ensuring that your investment is tied directly to the real value of gold.
- Performance Tracking: These ETFs aim to mirror the performance of gold prices, providing returns that closely follow gold’s market value.
- Regulation and Safety: SEBI oversees Gold ETFs, ensuring they adhere to strict guidelines and offer a reliable investment option.moneycontrol
Benefits of Investing in Gold ETFs
- No Physical Storage Needed: Unlike buying physical gold, Gold ETFs do not require you to worry about storing or securing your gold. This eliminates the risks and hassles associated with physical ownership.
- Ease of Trading: Gold ETFs can be bought and sold on stock exchanges just like stocks, making them a highly liquid investment. This means you can easily convert your investment into cash whenever you need to.
- Convenience: Investing in Gold ETFs is straightforward. You can trade them during market hours, and their prices are updated in real-time, providing transparency and ease of management.
Top 5 Best Gold ETF in India 2024.
| Company Name | Last Price | % Change | 52 wk High | 52 wk Low | Market Cap (Rs. cr) |
|---|---|---|---|---|---|
| Invesco G-ETF | 6,305.25 | -2.94% | 6,641.00 | 5,005.00 | 72.06 |
| HDFCGOLD | 62.53 | -2.13% | 65.91 | 49.50 | 9.63 |
| Nippon ETF Gold | 60.16 | -3.09% | 64.80 | 47.80 | 6.17 |
| SBI Gold ETF | 62.58 | -2.61% | 65.95 | 49.11 | 4.78 |
| Axis Gold ETF | 60.69 | -2.80% | 64.90 | 47.51 | 4.66 |
| IPRU Gold ETF | 61.72 | -3.67% | 66.65 | 49.21 | 2.89 |
| Kotak MF-GETF | 60.56 | -3.43% | 63.95 | 48.00 | 2.42 |
| Birla Gold ETF | 64.28 | -2.43% | 78.00 | 42.82 | 1.47 |
Top 10 Gold ETFs in India (Based on 1-Year Return)
| Top Gold ETFs in India | Market Cap (Cr) | 1-Year Return (%) |
|---|---|---|
| UTI Gold Exchange Traded Fund | 919 | 12.08 |
| SBI-ETF Gold | 2,114.57 | 11.93 |
| Aditya BSL Gold Exchange Traded Funds | 669 | 11.93 |
| HDFC Gold Exchange Traded Fund | 3,508 | 11.91 |
| IDBI Gold Exchange Traded Fund | 110 | 11.87 |
| ICICI Prudential Exchange Traded Funds | 4,894.32 | 11.63 |
| Axis Gold Exchange Traded Funds | 790 | 11.62 |
| Nippon India ETF Gold BeES | 8,709 | 11.38 |
| Kotak Gold Exchange Traded Funds | 3,161 | 11.36 |
| Invesco India Gold Exchange Traded Fund | 102.91 | 11.15 |
Here given top 10 gold ETFs in India 2024 based on first year return investment we also see financial Budget 2024-25 reduces the custom duties on gold and silver.
Read CPSEETF SHARE PRICE TARGET20252026
HDFC Gold ETF in India 2024 financial Analysis
| Metric | Value |
|---|---|
| Open | 63.51 |
| Previous Close | 63.89 |
| Volume | 1,754,082 |
| Value (Lacs) | 1,096.83 |
| VWAP | 62.57 |
| Beta | 0.06 |
| Market Cap (Rs. Cr.) | 9 |
| High | 64.14 |
| Low | 61.60 |
| UC Limit | 77.71 |
| LC Limit | 51.80 |
| 52 Week High | 65.91 |
| 52 Week Low | 49.50 |
| Face Value | 0 |
| All Time High | 65.91 |
| All Time Low | 18.35 |
| 20D Avg Volume | 946,691 |
| Book Value Per Share | 0.00 |
| Dividend Yield | — |
| TTM EPS | 0 |
| TTM PE | — |
| P/B | — |
| Sector PE | 0.00 |
which is the best gold ETF to invest in india
its all depend on you you seee my article and analysis it then chose according to you analysis
Is buying gold ETF safe
Investing in them is generally just as safe as investing in gold coin and bars .
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