Top 10 Gold and Silver ETFs in India 2026: Best Funds, NSE List & Prices

Investors looking for the top 10 gold and silver ETFs in India, 2026, can review exchange traded funds listed on a market by analyzing their prices, expense ratios, assets under management (AUM), trading liquidity, and tracking error. ETFs offer exposure to domestic gold prices and silver prices, with the latter being more volatile due to the metal’s high level of industrial demand. This research compares five gold ETFs and five silver ETFs using the most recent market and fund data available. These lists are comparison shortlists and not recommendations for investment.

Exploring ETF investments? Before choosing a precious-metal fund, understand its costs, liquidity and price-tracking characteristics. Explore Buy Gold & Silver ETF This Dhanteras & Diwali to learn more about exchange-traded investing.

Data note: Prepared on Prepared on 29 October 2026. Prices are from market data published on or around 28-29 October 2026. Expense ratios and AUM are from different dates. Check the latest NSE quote and factsheet of AMCs before investing.

What Are Gold and Silver ETFs?

Gold and Silver ETFs are mutual fund schemes, where the units are listed and traded on a stock exchange. These schemes usually aim to track the domestic price of the respective metal, subject to expenses, tracking difference and other operational risks. Investors trade units of ETFs, similar to buying and selling stocks.

Unlike jewelry, ETF units do not require personal storage or make charges, or the need to check an item’s purity. However, similar to equities or other securities, investors are exposed to market risk, bid-ask spread, brokerage, and other service charges. ETFs units do not provide the same experience or personal possession of bullion.

Readers interested to understand ETFs in detail can go through complete article on exchange-traded funds in India.

Top 10 Gold and Silver ETFs in India 2026: Comparison List

The following shortlist considers fund scale, available trading activity, reported expenses and tracking characteristics. It is not a performance ranking. Market prices are per ETF unit and are not directly comparable across schemes because unit denominations and historical fund structures differ.

Top 5 Gold ETFs in India

Data context: Indicative prices were retrieved from market-data pages updated around 29 October 2026. AUM figures are approximately based on reported late-August to September 2026 data and may have changed. Expense ratios are reported figures from recent comparison sources, not guaranteed current rates. Check each scheme's latest disclosure before publication.

Top 5 Silver ETFs in India

Data context: Indicative prices are from recent market-data snapshots, while expense ratios and AUM are based on reported September–October 2026 comparison data. Prices can change throughout a trading session. Confirm current quotes and disclosures before relying on this table.

How to Interpret ETF Prices and Expense Ratios

The price of an ETF is the price of a unit and does not tell investors if a particular ETF is cheap or expensive. A scheme trading at ₹20 doesn't mean it is cheaper than one trading at ₹200. To understand the economic worth of a scheme, one must see the price in terms of the underlying precious metal, the fund's net asset value (NAV), and how closely the market price of the scheme is traded in relation to its NAV.

Expense ratio means what it costs to run a fund every year, and is expressed in percentage terms. For example, if the expense ratio of a fund is 0.50%, it means it costs around ₹50 to run that fund for every ₹10,000 invested in it every year, prior to changes in the value of the investment and other costs. Actual costs can change and investors should look at the latest expense ratio.

In addition to expense ratio, there are other costs that must be considered when buying and selling a fund. These include, brokerage, bid-ask spreads, and applicable statutory charges. Just because a fund has a low expense ratio, it doesn't mean it has the lowest cost to invest.

Liquidity, AUM and Tracking Error: What Matters?

Assets under management

AUM is how big a scheme is. Simply having a large scheme does not mean it has tighter spreads or better tracking or returns. Look at AUM with recent exchange trading volume and bid-ask spread.

Trading liquidity

Liquidity refers to the ease with which an asset can be bought or sold. Liquidity is most strongly determined by the amount of buying and selling interest in the asset. Other factors that can influence liquidity include the size of the order, the timing of the order (i.e. market hours, trading hours) and the spread (the difference between the bid price and the ask price). The order book and recent trading volume can also affect liquidity.

Tracking error and tracking difference

Tracking error is the variability of the difference between the fund’s returns and the returns of its benchmark over a specific time period. Tracking difference is the actual difference in performance over the same time period. Lower tracking error does not necessarily mean more consistent replication; it should be reviewed along with tracking difference, expenses, liquidity and the time period being considered. Results and/or reports from different time periods can not be compared to each other.

Exchange-traded products have many nuances to understand how they function. For more information, you can look at how ETFs work.

Gold ETF vs Silver ETF: Which Is Different?

Neither category guarantees gains or protects a portfolio in every market environment. Gold and silver prices can fall, and their prices can move in different directions over some periods. The appropriate allocation depends on an investor's financial circumstances, risk tolerance, investment horizon and broader portfolio.

For another perspective on owning precious metals, read our comparison of gold ETFs and physical gold.

How to Choose a Gold or Silver ETF in 2026

1. Check the investment objective. Make sure the scheme tracks the precious metal of your choice and examine the benchmark and investment strategy.

2. Compare the latest expense ratio. The AMC factsheet or official disclosure is a better source than third-party comparison sites.

3. Review liquidity. Analyze the bid-ask spread and order book depth of recent trades.

4. Assess tracking quality. Look at tracking error and tracking difference.

5. Inspect the NAV and market price. Large premiums or discounts to indicative value can affect the execution price.

6. Understand the total cost. Include brokerage and applicable transaction charges, not just the expense ratio.

7. Review portfolio concentration. A precious metal ETF should not replace other assets in a well diversified financial plan.

Review ETF resources to learn about other products. However, understand these selection factors to aid in verifying a scheme's investment objective, expenses, risks, and operational details.

Risks and Important Considerations

Gold and Silver ETFs are market-linked investments and are not deposits or guaranteed-return investments. Prices are impacted by multiple factors such as the movement of global gold and silver prices, currencies, interest rates, geo-political risks, and demand. Supply and industrial consumption of silver affects the price as well.

Investors may experience tracking differences, illiquid schemes, wide bid-ask spreads, and temporary premiums or discounts to NAV. Past performance is not indicative of future results. Tax implications are determined by the applicable laws and the investor’s situation, so verify the current laws before investing or selling.

For market structure and investor protection information, consult SEBI official website, NSE ETF market-data and the relevant fund’s official website and scheme documents. Use these to cross-verify scheme information and check the latest exchange quotes.

Conclusion

The top 10 gold and silver ETFs in India 2026 give investors the opportunity to view various options in the precious metal space. Costs, liquidity, tracking, and NAV differences all must be taken into account as well. For more details about these kinds of funds, review education center page on exchange-traded fund products.

Verify changing figures with official exchange data and current AMC disclosures rather than relying on a static ranking, and compare scheme documents before making any decision.

For additional financial education, read our investment planner resources and educational materials to gain a deeper understanding of various investment products and services. This article was written for general information purposes only. Information provided does not constitute investment, legal or tax advice.