Nippon India ETF Gold BeES vs Zerodha CASE Gold ETF
Nippon India ETF Gold BeES and Zerodha CASE Gold ETF are both Gold Index Funds & ETFs. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +30.81% vs —, 5-year CAGR +23.04% vs —, volatility 20.51% vs 21.12%, maximum drawdown −22.28% vs −22.49%.
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Nippon India ETF Gold BeES | Zerodha CASE Gold ETF | |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Zerodha CASE Mutual Fund |
| Compared as | Gold Index Funds & ETFs | Gold Index Funds & ETFs |
| NAV | ₹115.9743 | ₹22.4209 |
| NAV date | 6 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 7 Nov 2016 | 29 Feb 2024 |
| Track record | 10.0 yrs | 2.7 yrs |
| Fund size (AUM) | — | — |
| Securities held | — | — |
| Portfolio as of | Not disclosed yet | Not disclosed yet |
| Fund page | Full record → | Full record → |
Returns
| Nippon India ETF Gold BeES | Zerodha CASE Gold ETF | |
|---|---|---|
| 1 month | −4.03% | −3.11% |
| 3 months | −5.58% | −3.32% |
| 6 months | −6.59% | −5.19% |
| 1 year | +16.16% | +18.52% |
| 3 years (CAGR) | +30.81% | — |
| 5 years (CAGR) | +23.04% | — |
| 7 years (CAGR) | +19.14% | — |
| 10 years (CAGR) | — | — |
| Since launch (CAGR) | +15.22% | +35.13% |
| SIP return (XIRR, 5 years) ⓘ | +26.31% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Nippon India ETF Gold BeES | Zerodha CASE Gold ETF | |
|---|---|---|
| 2026 (year to date) | +5.52% | +7.35% |
| 2025 | +71.97% | +72.09% |
| 2024 | +19.37% | — |
| 2023 | +12.74% | — |
| 2022 | +13.96% | — |
| 2021 | −4.78% | — |
Risk
| Nippon India ETF Gold BeES | Zerodha CASE Gold ETF | |
|---|---|---|
| Volatility (annualised) ⓘ | 20.51% | 21.12% |
| Downside volatility ⓘ | 9.73% | 9.98% |
| Sharpe ratio ⓘ | 1.19 | 1.36 |
| Sortino ratio ⓘ | 2.50 | 2.87 |
| Maximum drawdown ⓘ | −22.28% | −22.49% |
| Recovery from that fall | — | — |
| Current fall from peak | −19.78% | −18.67% |
| Rolling 1-year return: worst | −17.73% | +11.36% |
| Rolling 1-year return: median | +15.64% | +47.78% |
| Rolling 1-year return: best | +113.43% | +114.39% |
| Share of 1-year periods with a loss | 9.68% | 0.00% |
Against each fund's benchmark
| Nippon India ETF Gold BeES | Zerodha CASE Gold ETF | |
|---|---|---|
| Beta ⓘ | 0.06 | 0.12 |
| Alpha (Jensen's, annualised) ⓘ | +21.99% | +26.20% |
| R² ⓘ | 0.21 | 0.62 |
| Upside capture | 55.52% | 72.04% |
| Downside capture | -102.88% | -105.39% |
| Tracking error | 24.74% | 24.91% |
| Information ratio | 0.88 | 1.29 |
| Treynor ratio | 376.88 | 243.13 |
Portfolio
Nippon India ETF Gold BeES has no usable portfolio disclosure on file yet, so portfolio comparisons are shown only where available.
Market-cap split (share of fund assets)
| Nippon India ETF Gold BeES | Zerodha CASE Gold ETF | |
|---|---|---|
| Large Cap | — | — |
| Mid Cap | — | — |
| Small Cap | — | — |
| Unclassified | — | — |
Concentration
| Nippon India ETF Gold BeES | Zerodha CASE Gold ETF | |
|---|---|---|
| Top 10 holdings | — | — |
| Effective number of stocks ⓘ | — | — |
| Securities held | — | — |
Questions people ask
What is the difference between Nippon India ETF Gold BeES and Zerodha CASE Gold ETF returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +16.16% vs +18.52%; 3-year CAGR +30.81% vs —; 5-year CAGR +23.04% vs —; 10-year CAGR — vs —. Past returns do not indicate future returns.
How do Nippon India ETF Gold BeES and Zerodha CASE Gold ETF compare on risk?
Volatility (36 monthly returns, annualised) 20.51% vs 21.12%; Sharpe ratio 1.19 vs 1.36; Sortino ratio 2.50 vs 2.87; maximum drawdown −22.28% vs −22.49%; beta 0.06 vs 0.12.
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
More comparisons
Nippon India ETF Gold BeES vs
Zerodha CASE Gold ETF vs
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.