3 oldest Gold ETFs turn ₹20,000 monthly SIP into ₹2.4 crore; key points to know

The three oldest gold exchange traded funds (ETFs) in the country have one thing in common besides their vintage: all were launched in 2007, just a few months apart, and all have compounded wealth at close to 14% a year.

The three schemes - Nippon India ETF Gold BeES, UTI Gold ETF and Kotak Gold ETF - have delivered since-inception annualised returns of 13.60%, 13.77% and 14.37% respectively, according to ACE MF data as on November 4, 2026.

Nippon India ETF Gold BeES, launched on March 8, 2007, would have collected around 236 instalments worth ₹47,20,000 and grown them to about ₹2.37 crore, the calculator shows.

UTI Gold ETF, launched on April 10, 2007, would have seen 235 instalments worth ₹47,00,000 become about ₹2.40 crore.

Kotak Gold ETF, launched on July 27, 2007, would have turned 231 instalments of ₹46,20,000 into about ₹2.47 crore. In each case, the final corpus is about five times the money put in.

Value of ₹20,000 monthly SIP since launch in the three funds

Please note the projection is an estimate, not a recorded outcome, as even small changes in the assumed return can move the answer materially.

The ACE MF data shows that even ₹5,000 monthly SIPs over fixed periods are striking in their own right. Over 10 years, with ₹6,00,000 invested, the SIP would be worth ₹16,62,783 in Nippon India ETF Gold BeES, ₹16,35,495 in UTI Gold ETF and ₹16,31,751 in Kotak Gold ETF.

Please note that the recent rally in Gold has contributed a lot to investors’ funds in these three ETFs. In 2025-26, the three funds returned 59.28%, 58.65% and 59.55$ respectively, according to ACE MF.

Gold's surge carried their net asset values to 52-week highs in late January 2026 before pulling back. The three schemes were trade at ₹116.16, ₹118.26 and ₹117.33 on Wednesday, November 4, 2025, which is roughly 19$ below those peaks, having touched 52-week lows of ₹99.65, ₹101.41 and ₹100.38 in November 2025.

On risk parameters, the ACE MF shows identical standard deviations of 1.70 for all three, with Sharpe ratios of 0.04, 0.03 and 0.03 and betas of 2.64, 2.53 and 1.62. However, size separates the schemes sharply. Nippon India ETF Gold BeES is the largest at ₹56,981.58 crore of assets as on September 30, 2026, followed by Kotak Gold ETF at ₹14,472.91 crore and UTI Gold ETF at ₹4,249.76 crore as on October 31, 2026.

Takeaways

Here, three points are worth carrying away.

First, the near-identical long-run returns with a spread of just 0.77 percentage points a year between the best and the worst of the three schemes show that in a passively managed gold ETF, the fund matters far less than the asset.

Second, the SIP figures above assume a fixed monthly investment at the ETF's net asset value, but these are exchange-traded products, bought and sold like shares.

Third, the recent pullback from January's peak is a reminder of what gold does between the good years: the same funds that returned nearly 60% in 2025-26 returned 11.93% to 12.71% two years earlier.