I wrote about the past two year returns on gold ETFs a few days ago, and got a comment on that inquiring about the expense ratio of the two new gold ETFs that are going to be launched shortly.
The first one is HDFC’s gold ETF, which is expected to have recurring expenses of 2.50% of weekly net average assets per its Scheme Information Document (SID).
The second gold ETF that is about to be launched is ICICI Prudential’s Gold ETF, which is also expected to have recurring expenses of 2.50% of its weekly average net assets per its SID that I found on the SEBI website.
If you look at my post on the best gold ETFs, or the list of all gold ETFs in the Indian market, these expenses compare to most of the funds, but are not among the lowest.