Gold ETF comparison
Kotak Gold ETF vs SBI Gold Fund
Over the last 3 years, Kotak Gold ETF returned 32.6% a year versus 32.2% for SBI Gold Fund. The category average was 30.6%. In its deepest fall over the same period, Kotak Gold ETF dropped 7.8% versus 8.8% for SBI Gold Fund. Qonfido rates Kotak Gold ETF Select and SBI Gold Fund Select within the Gold ETF peer group.
Ratings and metrics as of
At a glance
Higher 3-year return
About level
Smaller worst fall
Kotak Gold ETF
Smoother ride (higher Sharpe)
Kotak Gold ETF
Head-to-head
Swap either fund or add a third to see how they line up.
Kotak Gold ETF
Gold ETF
3/4
rounds won
SBI Gold
Gold ETF
0/4
rounds won
Round by round
Three questions in one shape. A bigger triangle = stronger all round.
- Kotak Gold ETF
- SBI Gold
Growth
Who grew money faster?
Average yearly return over the last 3 years.
32.6%✓32.2%Dip protection
Who fell less in the worst dip?
Biggest fall from a peak in the period. Smaller hurts less.
-7.8%✓-8.8%Smooth ride
Who gave a smoother ride?
Return earned for every unit of ups and downs. Higher is smoother.
1.46✓1.31
Qonfido rating
Quality vs peers in the same category. Premier is the top tier.
Same tier
What matters most to you?
Quick take for “Balanced”
Kotak Gold ETF comes out ahead — it grew money faster and fell less in bad markets.
Based on the last 3 years of data. A starting point for research, not advice.
What could your money become?
If each fund repeated its last 3 years. Drag to try.
You’d put in ₹12.00 L.
Illustration only. Past returns rarely repeat exactly.
Key numbers
| Metric | Kotak Gold ETF | SBI Gold Fund |
|---|---|---|
| Qonfido rating | Select | Select |
| 3Y return (CAGR) | 32.6% | 32.2% |
| Worst fall (max drawdown) | 7.8% | 8.8% |
| Sharpe ratio (3Y) | 1.46 | 1.31 |
| Beta (3Y) | 0.21 | 0.25 |
| Fund size (AUM) | ₹14,430 Cr | ₹7,203 Cr |
| Category average 3Y return | 30.6% | |
Frequently asked questions
Which is better, Kotak Gold ETF or SBI Gold Fund?
Neither fund is better for every investor. Based on data as of 11 Oct 2026. Over the last 3 years, Kotak Gold ETF returned 32.6% a year versus 32.2% for SBI Gold Fund. The category average was 30.6%. In its deepest fall over the same period, Kotak Gold ETF dropped 7.8% versus 8.8% for SBI Gold Fund. Qonfido rates Kotak Gold ETF Select and SBI Gold Fund Select within the Gold ETF peer group. Which fits depends on your goal, time horizon and comfort with falls. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which has given higher returns, Kotak Gold ETF or SBI Gold Fund?
Based on data as of 11 Oct 2026. Over the last 3 years, Kotak Gold ETF returned 32.6% a year versus 32.2% for SBI Gold Fund. The category average was 30.6%. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
Which is less risky, Kotak Gold ETF or SBI Gold Fund?
Based on data as of 11 Oct 2026. In its deepest fall over the same period, Kotak Gold ETF dropped 7.8% versus 8.8% for SBI Gold Fund. Sharpe ratio, a measure of return per unit of volatility, was 1.46 for Kotak Gold ETF and 1.31 for SBI Gold Fund. Lower falls and a higher Sharpe ratio point to a smoother past ride, not a guarantee.
What is the Qonfido rating of Kotak Gold ETF and SBI Gold Fund?
Qonfido rates Kotak Gold ETF Select and SBI Gold Fund Select within the Gold ETF peer group. Ratings compare funds with their category peers on risk-adjusted consistency and are explained on the Qonfido rating methodology page.
Should I invest in both Kotak Gold ETF and SBI Gold Fund?
Both funds sit in the Gold ETF category, so their portfolios can overlap and holding both may add limited diversification. Review holdings overlap, costs and your overall allocation before combining them. This comparison is educational research support, not personalised investment advice. Past performance does not indicate future returns.
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Comparisons are educational research support only. They are not personalised investment advice, suitability assessments, or predictions of returns. Mutual fund investments are subject to market risks. Read scheme documents and consider your goals, horizon, and risk tolerance before investing.