Mirae Asset Gold ETF leads gold ETFs in one-month returns; posts -1.5% return
Mirae Asset Gold ETF delivered -1.5% returns over the last one month and 33.3% CAGR over three years, according to ACE MF data on July 22.
Moneycontrol Desk
July 23, 2026 / 14:13 IST
Among gold ETFs that meet the screen used for this ranking, Mirae Asset Gold ETF is at the top on one-month returns. The fund delivered -1.5 percent, ahead of DSP Gold ETF at -1.5 percent and Aditya Birla SL Gold ETF at -1.5 percent, according to ACE MF data on July 22.
The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, ICICI Pru Gold ETF has the largest corpus at Rs 25,226.1 crore.
The benchmark comparison is also important. Mirae Asset Gold ETF trailed its benchmark by 1.5 percentage points on a one-month basis, with the benchmark returning 0.0%. It was also ahead of its benchmark by 34.2 percentage points on a one-year basis, with the benchmark returning 10.1%.
The lead does not change on a six-month basis either. Mirae Asset Gold ETF also tops this comparison with a return of -4.1 percent.
The leadership shifts in the one-year comparison, where Aditya Birla SL Gold ETF tops the list with 44.6 percent.
The leadership shifts in the three-year comparison, where ICICI Pru Gold ETF tops the list with 33.3 percent.
Return rankings across mutual funds can shift when the comparison window changes. This makes it useful to read the headline return along with shorter and longer return periods.
Table: Top 5 gold ETFs by one-month return
| Fund name | 1-month return (%) | AUM (Rs crore) | 3-month return (%) | 6-month return (%) | 1-year return (%) | 3-year return (%) |
|---|---|---|---|---|---|---|
| Mirae Asset Gold ETF | -1.5 | 3,074.6 | -4.6 | -4.1 | 44.3 | 33.3 |
| DSP Gold ETF | -1.5 | 2,310.1 | -4.6 | -4.2 | 44.4 | 33.2 |
| Aditya Birla SL Gold ETF | -1.5 | 2,705.1 | -4.6 | -4.2 | 44.6 | 33.1 |
| ICICI Pru Gold ETF | -1.5 | 25,226.1 | -4.6 | -4.2 | 44.5 | 33.3 |
| Kotak Gold ETF | -1.5 | 13,419.1 | -4.6 | -4.2 | 44.4 | 33.2 |
Note: The ranking considers only schemes with minimum assets under management of Rs 1,500 crore. Returns and AUM are according to ACE MF data on July 22. One-year and three-year returns are CAGR; one-month, three-month and six-month returns are absolute returns. AUM is in Rs crore.
What is a gold ETF?
Exchange-traded funds are listed mutual fund products that generally track an index, commodity or basket of securities. Their performance should be assessed alongside the underlying benchmark, tracking difference and liquidity.