Discover the platforms to invest in Gold ETFs in India and compare apps based on costs, features, and ease of use.
Gold ETFs India
Gold ETFs (Exchange Traded Funds) have become a popular way to invest in gold without the hassle of physical storage or purity concerns. They combine the stability of gold with the convenience of stock market investing. But where should you invest in gold ETFs?
Here’s a list of the best platforms in India for gold ETF investments, based on ease of use, costs, features, and investor experience.
Top Platforms to Invest in Gold ETFs
Groww
Groww, India’s best investment app, makes the process of investing easy, transparent, and accessible for investors across all experience levels. Investors can buy and sell gold ETF units on Groww, available from the leading AMCs.
The app makes Gold ETF investing seamless with a fully digital account setup, clear cost visibility, and easy portfolio tracking.
Key Features:
- Groww’s ETF Screener allow investors to compare different Gold ETFs based on parameters such as expense ratio, returns, fund size, and tracking performance
- The app offers Stock SIP, which allows investors to invest a fixed amount regularly into ETFs (including Gold ETFs) or stocks, making it easier to build disciplined, long-term exposure to gold without worrying about market timing.
- Groww also offers its own Groww Gold ETF, a passive investment product that replicates the domestic price of physical gold.
HDFC Securities
HDFC Securities offers gold ETF investing with the advantage of direct bank integration. It’s suitable for investors who already bank with HDFC and want a single ecosystem in one app; they can opt for HDFC Securities.
Key Features:
- Bank-backed security
- Easy fund transfers
- Trusted brand
- Comprehensive investment dashboard
Paytm Money
Paytm Money caters to a younger, mobile-first audience looking for simplicity in Gold ETF investing. The app offers a smooth onboarding process and an intuitive interface for tracking investments. Its integration with the Paytm ecosystem makes fund transfers quick and hassle-free.
Why choose Paytm Money:
- Easy-to-use mobile app
- Quick account setup
- Ideal for app-first investors
Zerodha Kite
Zerodha is another recommended app for investing in gold ETFs. It ensures smooth execution and also supports all major gold ETFs listed on the NSE and BSE. With strong security standards and reliable systems, it appeals to investors who prioritise safety and convenience.
Why choose Zerodha:
- Transparent pricing structure
- Educational content
- Trusted app
Angel One
Angel One stands out for investors who value research-backed insights alongside ETF investing. The platform provides market reports, recommendations, and portfolio analytics that help investors decide the right allocation to gold ETFs.
Why choose Angel One:
- Research and advisory support
- Portfolio analysis tools
- Zero brokerage on ETF delivery
- Strong mobile and web experience
Final Thoughts
Gold ETFs are a smart way to diversify your portfolio and hedge against market volatility. With multiple reliable platforms available in India, investing in Gold ETFs has never been easier. Choose a platform that offers low costs, ease of access, and features that match your financial goals.
Disclaimer: The information provided on the Website does not constitute investment advice, financial advice, trading advice, or any other form of advice, and you should not interpret any of the financial content as such. Please conduct your own due diligence and consult with a financial advisor before making any investment decisions. Midday does not endorse or promote any such activities, and you access them at your own risk, fully understanding the monetary and legal consequences involved. Midday shall not be held responsible for any losses you may incur as a result of using any such apps or websites.
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