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A look at top Gold ETFs in India and their one year performance
Gold ETFs tend to track gold prices and gold per se has not given good returns in the last one year. Take a look at how select Gold ETFs in India have performed.
Negative returns in last one year
This ETF has given negative returns of almost 10 per cent in the last one year, based on data for the period ending Sept 30, 2014. This is in line with what most of the other Gold ETFs have delivered.
Another gold ETF with poor returns
The returns from the one has been negative 11 per cent. This means if you would have invested exactly a year back, you would have probably eroded your capital.
Poor performance of Gold weighing on returns
The performance of this ETF is more or less in line with those of peers. The returns are a negative 11.2 per cent. As mentioned earlier Gold ETFs have done badly in the last one year as gold prices have dropped.
Hopes hinge on a gold price rally
This is another Gold ETF whose performance has remained poor. Unless gold prices rally one cannot expect good returns in the next few months.
Another poor performance
IDBI Gold Exchange Traded Fund has also had a poor performance in the last one year. It has had negative returns of 11.2 per cent in the last one year. Can't find fault with any of these as most of the funds track gold.
