Gold ETF comparison
ICICI Prudential Gold ETF vs Nippon India Gold Savings Fund
Over the last 3 years, ICICI Prudential Gold ETF returned 32.7% a year versus 32.0% for Nippon India Gold Savings Fund. The category average was 30.6%. In its deepest fall over the same period, ICICI Prudential Gold ETF dropped 7.6% versus 8.8% for Nippon India Gold Savings Fund. Qonfido rates ICICI Prudential Gold ETF Premier and Nippon India Gold Savings Fund Premier within the Gold ETF peer group.
Ratings and metrics as of
At a glance
Higher 3-year return
ICICI Prudential Gold ETF
Smaller worst fall
ICICI Prudential Gold ETF
Smoother ride (higher Sharpe)
ICICI Prudential Gold ETF
Head-to-head
Swap either fund or add a third to see how they line up.
ICICI Prudential Gold ETF
Gold ETF
3/4
rounds won
Nippon India Gold Savings
Gold ETF
0/4
rounds won
Round by round
Three questions in one shape. A bigger triangle = stronger all round.
- ICICI Prudential Gold ETF
- Nippon India Gold Savings
Growth
Who grew money faster?
Average yearly return over the last 3 years.
32.7%✓32.0%Dip protection
Who fell less in the worst dip?
Biggest fall from a peak in the period. Smaller hurts less.
-7.6%✓-8.8%Smooth ride
Who gave a smoother ride?
Return earned for every unit of ups and downs. Higher is smoother.
1.47✓1.34
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”
ICICI Prudential 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 | ICICI Prudential Gold ETF | Nippon India Gold Savings Fund |
|---|---|---|
| Qonfido rating | Premier | Premier |
| 3Y return (CAGR) | 32.7% | 32.0% |
| Worst fall (max drawdown) | 7.6% | 8.8% |
| Sharpe ratio (3Y) | 1.47 | 1.34 |
| Beta (3Y) | 0.25 | 0.21 |
| Fund size (AUM) | ₹26,432 Cr | ₹5,003 Cr |
| Category average 3Y return | 30.6% | |
Frequently asked questions
Which is better, ICICI Prudential Gold ETF or Nippon India Gold Savings Fund?
Neither fund is better for every investor. Based on data as of 11 Oct 2026. Over the last 3 years, ICICI Prudential Gold ETF returned 32.7% a year versus 32.0% for Nippon India Gold Savings Fund. The category average was 30.6%. In its deepest fall over the same period, ICICI Prudential Gold ETF dropped 7.6% versus 8.8% for Nippon India Gold Savings Fund. Qonfido rates ICICI Prudential Gold ETF Premier and Nippon India Gold Savings Fund Premier 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, ICICI Prudential Gold ETF or Nippon India Gold Savings Fund?
Based on data as of 11 Oct 2026. Over the last 3 years, ICICI Prudential Gold ETF returned 32.7% a year versus 32.0% for Nippon India Gold Savings 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, ICICI Prudential Gold ETF or Nippon India Gold Savings Fund?
Based on data as of 11 Oct 2026. In its deepest fall over the same period, ICICI Prudential Gold ETF dropped 7.6% versus 8.8% for Nippon India Gold Savings Fund. Sharpe ratio, a measure of return per unit of volatility, was 1.47 for ICICI Prudential Gold ETF and 1.34 for Nippon India Gold Savings Fund. Lower falls and a higher Sharpe ratio point to a smoother past ride, not a guarantee.
What is the Qonfido rating of ICICI Prudential Gold ETF and Nippon India Gold Savings Fund?
Qonfido rates ICICI Prudential Gold ETF Premier and Nippon India Gold Savings Fund Premier 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 ICICI Prudential Gold ETF and Nippon India Gold Savings 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.

