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Gold Mutual Funds

Find here some best Gold fund to invest

  • Annual Returns 12.3%
  • Average Risk High
  • Total Funds 14

What is Gold Mutual Fund?

Gold mutual funds are mutual funds that invest in gold-related assets like gold ETFs (Exchange-traded funds) and stocks of companies engaged in gold mining, processing, and marketing. It gives an affordable option to own it without buying the actual gold. There are two best ways to invest in gold funds, SIP or lumpsum to make stable returns in the long term.

  • The average returns of gold mutual funds over 5 years range between 13-14%
  • Gold funds have medium volatility and medium risk.
  • The best-recommended investment duration is 5-7+ years.
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Top Performing Gold Funds in India for High Returns

Returns

SIP Returns

Risk

Information

NAV Details

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Filters 1

  • Historic Returns
  • Investment Returns
  • Monthly
  • Quarterly
  • Annual
  • Point to Point Return

Data in this table : Get historical returns. If 1Y column is 10% that means, fund has given 10% returns in last 1 year.

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Fund Name AUM (Cr.) Fund Age 1W 1M 3M 6M YTD 1Y 2Y 3Y 5Y 10Y
fund-icon

NIFTY Commodities

2.08% 12.10% 4.42% -13.36% 4.87% 2.20% 25.16% 12.19% 30.90% 12.67%
231.98 2 years 2.38% 5.95% 14.94% 13.67% 16.07% 32.44% 19.97% - - - Invest
80.36 12 years 1.58% 4.65% 18.24% 17.08% 18.24% 31.93% 20.75% 19.19% 13.91% 11.01% Invest
471.82 13 years 0.83% 4.69% 16.28% 16.98% 16.34% 31.69% 21.13% 18.42% 13.93% 11.47% Invest
3059.77 13 years 0.83% 5.1% 16.12% 17.14% 15.74% 31.27% 21.11% 18.4% 13.52% 11.38% Invest
207.31 2 years 1.22% 5.11% 15.01% 14.71% 15.51% 31.2% 20.16% - - - Invest
2522 13 years 0.55% 4.32% 15.76% 16.86% 15.48% 30.95% 21.6% 18.72% 13.55% 11.48% Invest
2520.47 14 years 0.65% 4.81% 15.69% 16.81% 15.18% 30.85% 20.99% 18.17% 13.9% 11.38% Invest
699.09 13 years 0.23% 4.36% 15.07% 16.13% 14.68% 30.63% 21.06% 18.61% 14.11% 10.89% Invest
113.72 13 years 1.02% 4.63% 15.68% 15.43% 15.56% 30.61% 21.4% 18.32% 14.35% 11.4% Invest
2439.26 14 years 0.28% 4.28% 15.39% 16.61% 15.14% 30.52% 20.84% 18.14% 13.77% 11.23% Invest
1575.68 13 years 0.23% 4.03% 15.43% 16.64% 15.09% 30.43% 21.14% 18.39% 14.25% 11.48% Invest
57.09 1 years 0.5% 4.52% 15.55% 16.75% 15.17% 30.32% - - - - Invest
160.63 1 years 0.68% 4.57% 15.48% 16.33% 15.34% 30.05% - - - - Invest
79.59 1 years 3.4% 7.16% 5.64% 17.31% 8.78% 29.67% - - - - Invest
Fund Name AUM (Cr.) Risk 1W 1M 3M 6M YTD 1Y 2Y 3Y 5Y 10Y
Fund Name Mar-2025 Mar-2025 Feb-2025 Jan-2025 Dec-2024 Nov-2024 Oct-2024 Sep-2024 Aug-2024 Jul-2024 Jun-2024 May-2024
Fund Name 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2
Fund Name 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013
Fund Name AUM (Cr.) Risk 1W 1M 3M 6M YTD 1Y 2Y 3Y 5Y 10Y
Fund Name AUM (Cr.) Initial NAV Final NAV NAV Change Absolute Ret. Annalized Ret.
Fund Name AUM (Cr.) Risk 6M 1Y 2Y 3Y 5Y 10Y From Launch
231.98 Very High
10.07%
27.04%
24.65%
-
-
-
23.17%
Invest
80.36 Average
15.27%
33.2%
28.96%
24.78%
18.05%
14.11%
11.71%
Invest
471.82 High
13.47%
35.7%
29.21%
24.66%
17.87%
14.31%
11.6%
Invest
3059.77 High
13.59%
36.01%
29.36%
24.78%
17.92%
14.42%
11.43%
Invest
207.31 Very High
12.08%
31.68%
27.03%
-
-
-
24.9%
Invest
2522 High
13.35%
35.69%
29.28%
24.8%
18%
14.49%
11.35%
Invest
2520.47 High
13.32%
35.81%
29.1%
24.49%
17.66%
14.41%
11.04%
Invest
699.09 High
12.75%
33.97%
28.44%
24.31%
17.8%
14.39%
11.11%
Invest
113.72 High
13.37%
35.36%
28.97%
24.52%
17.81%
14.47%
11.48%
Invest
2439.26 Very High
12.97%
35.07%
28.73%
24.36%
17.64%
14.19%
10.88%
Invest
1575.68 High
12.93%
34.87%
28.89%
24.49%
17.76%
14.28%
11.32%
Invest
57.09 High
13.07%
35.42%
-
-
-
-
32.75%
Invest
160.63 High
13.1%
34.99%
-
-
-
-
33.98%
Invest
79.59 High
-
-
-
-
-
-
-
Invest
Fund Name Min SIP Min Lumpsum Expense Ratio Fund Manager Launch Date
₹100
₹100
0.5%
Bhavesh Jain
14-Sep 2022
Invest
₹1000
₹5000
0.66%
Sumit Bhatnagar
14-Aug 2012
Invest
₹100
₹100
0.52%
Pranav Gupta
20-Mar 2012
Invest
₹100
₹100
0.49%
Arun Agarwal
02-Nov 2011
Invest
₹500
₹500
0.51%
Rakesh Shetty
13-Oct 2022
Invest
₹500
₹5000
0.42%
Raviprakash Sharma
12-Sep 2011
Invest
₹100
₹100
0.5%
Abhishek Bisen
25-Mar 2011
Invest
₹100
₹100
0.5%
Aditya Pagaria
20-Oct 2011
Invest
₹500
₹1000
0.45%
Krishna Venkat Cheemalapati
05-Dec 2011
Invest
₹100
₹100
0.35%
Himanshu Mange
07-Mar 2011
Invest
₹100
₹100
0.39%
Manish Banthia
11-Oct 2011
Invest
₹100
₹100
1%
Anil Ghelani
17-Nov 2023
Invest
₹150
₹5000
0.7%
Tapan Patel
19-Jan 2024
Invest
₹100
₹100
0.48%
19-Dec 2023
Invest
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Comparison of Top Gold Funds

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  • Invested Amount ₹43,855
  • Interest Earned ₹6,145

Benefits of SIP in Gold Funds

The gold funds provide investment into a broader market. Here are some merits of investing in gold funds or gold ETFs:

  • High Liquidity: It means you can easily buy and sell these funds in comparison to real gold. This flexibility to redeem investments works as an emergency fund in the hour of need. You can easily sell your units of gold funds directly through the AMC of your scheme.
  • Safe Investment: These funds are protected by the SEBI (Securities and Exchange Board of India). It makes them the most trusted and safest investment option in mutual funds.
  • Cost-efficient: Gold funds have cheaper transaction and maintenance costs. If you regularly do SIP in gold Mutual Funds, you invest Rs.500, which is more affordable than the actual gold. This makes them pocket-friendly and increases total returns on your gold investments.
  • Convenient to Manage: Unlike physical gold, which needs storage space and security, gold funds are secured digitally through a Demat account. Their simple and affordable nature makes gold ETFs the best alternative to regular equity funds.

Top Gold Mutual Funds

Let’s have a closer look at the best gold funds to start your SIP:

  1. SBI Gold Fund: After being launched on 30th September 2011, SBI Gold Fund is amongst the oldest schemes in the domestic category. It holds an impressive AUM (Asset Under Management) at Rs.2, 025 Crores as of 30 August 2024. In addition, the minimum amount to start a SIP in it is Rs.5000.
  2. HDFC Gold Fund: This scheme was introduced on 5th November 2011, with an outstanding AUM of Rs.2290 Crores. Moreover, you can add HDFC Gold Fund to your portfolio with a SIP at just Rs.100. It would be a smart choice as it has given a 31.45% annualized return in 1 year. This makes it an affordable and valuable addition to a stable investment portfolio.
  3. ICICI Prudential Gold Savings FOF: The ICICI Prudential Gold Savings FOF invests in Gold ETFs and gold-related assets. Being launched on 1st October 2011, it offers SIP investments at just Rs.100. This affordability makes it accessible to a wide range of investors.

Use a simple gold SIP Calculator tool and get your estimated returns at your fingertips.

How to Invest in Gold Funds via MySIPonline?

The following is a step-by-step guide to investing in the best gold mutual funds:

  • Step 1: Open a free account at MySIPonline and complete your KYC (Know Your Customer) process.
  • Step 2: Step up your SIP to auto-debit for regular deductions.
  • Step 3: Pick a Gold fund that fits your goals or ask our financial expert for suggestions.
  • Step 4: Add the chosen fund to your cart, select the SIP date and complete payment.
  • Step 5: Track your fund’s performance and review transaction details via your personalized dashboard.

Investing in mutual funds via SIP is simple, with fast KYC and attentive, user-friendly solutions.

What is the Disadvantage of Gold Mutual Funds?

Here are some limitations to know before investing in gold funds:

Gold Funds Vs Gold ETF: The expense ratio of gold ETFs is lower making it easy to buy and sell as compared to gold funds. Investing in gold funds is similar to buying gold itself.

Market Risk: Your returns are affected by the changing prices of gold. For example, a change in the US dollar value influences the gold price, thereby affecting the returns of gold mutual funds.

Low Returns than Equity Funds: Gold funds give lower returns than equity funds. As these are volatile in nature, there are better chances to make higher returns from other Mutual Funds.

To sum up, gold mutual funds offer a safe and secure way towards a diverse portfolio.

Frequently Asked Questions

Who should invest in Gold Mutual Funds?
Gold funds are suitable for the investors who can digest high risk in search for higher returns. Moreover, these funds are not suitable for the investors who are stepping in the finance market with a short term investment perspective as they might end up delivering negative returns.
What is the minimum investment required for investing in Gold funds?
The minimum investment depends from one scheme to another. In general, for lumpsum investment the minimum investment can range from Rs. 500 to Rs. 5000. Whereas, in case of SIP, the range may vary between Rs. 500 to Rs. 1000. For authentic information, never forget to check the scheme related documents.
What is the investment philosophy followed by Gold companies?
The fund manager of Gold fund targets the best small sized companies having the potential to generate excellent gains in the future. Such companies do not have much resources as the large cap or mid cap companies but have high potential to outperform many big companies.
Why to invest in Gold funds?
Gold funds have more tendency of providing exceptional returns than the other categories of funds. Moreover, they can also be a suitable option for providing diversification to your portfolio.
How risky are Gold funds?
Gold funds are one of the riskiest mutual funds. But at the same time rewards are also high. Therefore, an investor who is willing to expose his corpus towards risk for fetching higher returns should invest in Gold funds.
Are Gold Funds for long term investment?
Yes, Gold funds are a suitable choice for generating long term capital appreciation. Moreover, in short term these funds can cause double digit losses to the investors. Thus, always maintain a long term investment perspective while investing in Gold mutual funds.
What is the benchmark of Gold Fund?
Benchmark is a standard with which a mutual fund competes in terms of growth & performance. Different Gold funds have different benchmark. Thus, read the mutual fund document carefully to know the benchmark.
What are the taxes applied on Gold Mutual Funds?
Gold funds are eligible for two types of taxes- STCG (Short Term Capital Gain) and LTCG (Long Term Capital Gain). STCG is the capital gain generated on the units which are hold for up to 1 year. The STCG tax imposed by the Government of India is 15%. LTCG is the profit generated on the units which are hold for more than one years. The LTCG levied is 10% for the profit above Rs. 1 Lakh.

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