Gold ETF vs Gold Mutual Fund — which is better?

Gold ETF: trades on stock exchange like a share, tighter tracking error, 0.3 to 0.5% expense ratio, requires Demat. Gold MF: a feeder into Gold ETF, slightly higher expense ratio 0.7 to 1.0%, no Demat needed, SIP-friendly. For lumpsum >₹50,000: ETF. For monthly SIP <₹10,000: MF. Both are taxed as non-equity (slab rate after April 2023).