UTI Gold ETF is a bad Gold ETF with bad performance and bad expense ratio.It makes no sense at all to invest in Goldshare.There is no reason for such a high expense ratio in a passive fund which provides no investing expertise or great advantage.You are better off buying HDFC Gold ETF or Kotak Gold ETF.UTI despite being the oldest mutual fund house in India has come up with a very bad Gold ETF offering.You are best advised to look at the following Gold ETF to make an investment.

Best Gold ETF Fund in India

Goldman Sachs Gold Bees

Kotak Gold ETF Fund

HDFC Gold ETF