
The gold ETF launch chart has come a long way since its inception. The first gold ETF, SPDR Gold Shares, launched in 2004.
In the early days, investors had limited options for investing in gold. The first gold ETF was a game-changer, providing a convenient and cost-effective way to invest in gold.
The chart shows that the first gold ETF, SPDR Gold Shares, was listed on the New York Stock Exchange (NYSE) in November 2004. It was a groundbreaking moment for gold investors.
Since its launch, the gold ETF has experienced significant growth, with assets under management (AUM) increasing from $1 billion to over $100 billion.
Gold ETF Launch Chart
The Axis Gold ETF-Growth was launched on November 10, 2010.
The first gold ETF in India was the UTI Gold Exchange Traded Fund, which has been around since 2007.
The launch date of gold ETFs in India varies, with the Axis Gold ETF-Growth being launched in 2010 and the UTI Gold Exchange Traded Fund being launched in 2007.

Here's a comparison of the launch dates of some popular gold ETFs in India:
Both the Axis Gold ETF-Growth and the UTI Gold Exchange Traded Fund have had a long time to establish themselves in the market, with the Axis Gold ETF-Growth returning 8.72% since its launch.
The UTI Gold Exchange Traded Fund has also performed well, with a return of 38.27% in the last year.
The launch of a gold ETF is a significant event in the financial market, providing investors with a new option for investing in gold.
Investment Details
The minimum investment required for UTI Gold Exchange Traded Fund is 20,000.00 Rs.
To add more investment to your portfolio, you can do so with a minimum amount of - Rs.
For those who prefer a systematic investment approach, there is no minimum SIP investment requirement.
Withdrawals are not allowed with a minimum amount of - Rs.
One of the attractive features of this fund is the absence of an exit load, meaning you won't incur any additional fees when you decide to sell your shares.
Performance Comparison

In the world of gold ETFs, performance is key. Axis Gold ETF-Growth has an annualized return of 13.53% over the past 5 years.
The top-performing gold ETF, UTI Gold Exchange Traded Fund, boasts an impressive annualized return of 14.58% over the same period.
Here's a comparison of the two funds' performance over different time frames:
As you can see, UTI Gold Exchange Traded Fund has consistently outperformed Axis Gold ETF-Growth over the past year, with a 15.5% difference in annualized returns.
Peer Comparison
In the world of investments, it's essential to compare the performance of different schemes to make informed decisions. Axis Gold ETF-Growth has a Net Asset Value (NAV) of Rs. 65.75 per unit.
Looking at the schemes listed, we can see that Axis Gold ETF-Growth has the highest NAV, but its performance over the past year is not the highest. Axis Gold ETF-Growth has returned 23.04% over the past year.
Here's a breakdown of the schemes' performance over the past year:
The AUM (Assets Under Management) of SBI Gold Fund-Growth is the highest among the listed schemes, with Rs. 2,583.37 crore.
UTI ETF Returns

The UTI Gold Exchange Traded Fund has impressive returns, with an annualized return of 7.83% in the last 1 month.
In fact, this is higher than the category average of 7.76% in the same time frame.
The fund's 3-year returns stand out, with a 3-year annualized return of 18.85%, ranking 2nd within its category.
Here's a summary of the UTI Gold Exchange Traded Fund's returns:
Fund Details
Axis Gold ETF-Growth Fund was launched on November 10, 2010.
The fund seeks to generate returns that are in line with the performance of gold. Axis Gold ETF-Growth Fund is an open-ended fund, meaning that it can be traded on the stock exchange like a stock.
The fund's benchmark is the Domestic Price of Gold. As of now, the fund has delivered an 8.72% return since its launch.
The fund has a high riskometer rating, indicating that it's a high-risk investment. However, it's essential to note that the risk level can vary over time.
Here's a comparison of the fund's performance with its benchmark:
The UTI Gold Exchange Traded Fund has outperformed the Axis Gold ETF-Growth Fund in terms of return since launch.
Frequently Asked Questions
When was gold ETF launched?
Gold ETF was launched in 2007, marking a significant milestone in India's economic and financial development. This launch paved the way for gold investment options in the country.
Sources
- https://www.businessinsider.com/gold-etf-driving-gold-price-appreciation-2012-12
- https://m.economictimes.com/axis-gold-etf/mffactsheet/schemeid-11669.cms
- https://m.economictimes.com/uti-gold-exchange-traded-fund/mffactsheet/schemeid-4954.cms
- https://www.justetf.com/en/etf-profile.html
- https://www.etfstream.com/articles/are-etf-investors-dictating-the-price-of-gold
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