Nippon India MF Dominates with 63% Market Share

FinTech BizNews Service
Mumbai, April 19, 2026: On the auspicious occasion of Akshaya Tritiya, a day traditionally associated with prosperity and gold purchases, Nippon India Mutual Fund (NIMF) reaffirmed its leadership in the Gold and Silver ETF segment. NIMF recorded a commanding Rs. 1,118 crore in combined volumes across its Gold and Silver ETFs, capturing a significant ~51% of the total industry volume in this segment.

This milestone continues the strong trend observed during other key festive periods, including Diwali 2025, where NIMF clocked INR 1,887 crore in combined average daily turnover across its Gold and Silver ETF —accounting for 57.6% of the industry total.

,A Senior spokesperson from Nippon India Mutual Fund said. “In an asset class like ETFs, liquidity is crucial. Lower impact costs make a material difference to investors, especially when entering or exiting large positions.Our leadership in the space ensures that investors have access to one of the most efficient ETF platforms in the country.”
NIMF's dominance extends beyond just festive trading days. For the financial year 2025–26, the fund house captured a robust 52% share of the industry’s average daily volume in Gold and Silver ETFs. Moreover, NIMF boasts the largest ETF investor base in the country with 1.8 crore investors as on March 2026 —comprising ~45% of the total ETF investors across the industry.
With consistent performance, superior liquidity, and strong investor trust, Nippon India Mutual Fund continues to solidify its position as the go-to choice for Gold and Silver ETF investments in India.
Industry Gold ETF traded value increased from INR 331 Crs. on Akshay Tritiya 2025 to INR 1,052 Crs. on AkshayTritiya 2026 i.e. 3.2x growth
While Nippon India ETF Gold BeES recorded traded value growth from INR 172 Crs. to INR 504 Crs. i.e. 3x growth in line with industry in the same period.
Nippon India ETF Gold BeES market share in terms of traded value stood at ~48% of total Industry Gold ETF traded value
Nippon India ETF Gold BeES traded value on Akshay Tritiya 2026 was over 23 times higher than industry average (excluding NIMF)
Industry Silver ETF traded value increased from INR 313 Crs. during Akshay Tritiya 2025 to 1,125 Crs. During Akshay Tritiya 2026 i.e. 3.6x growth
While Nippon India Silver ETF recorded traded value growth from INR 232 Crs. to INR 614 Crs. i.e. 2.6x growth.
Nippon India Silver ETF market share in terms of traded value stood at 55% of total Industry Silver ETF traded value.
Nippon India Silver ETF traded value during Akshay Tritiya 2026 was over 20 times higher than industry average (excluding-NIMF).