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Best Gold Mutual Funds in India

25 October 2021
2 minutes

Gold has traditionally been a preferred investment option amongst Indian families. One can buy gold in physical forms like coins, bars and jewellery or invest in gold via digital gold, gold mutual funds, ETFs and sovereign bonds as well. Through these options, you can invest in gold without having to own gold physically.

Gold funds are a type of mutual funds that directly or indirectly invest in gold reserves. It is a convenient way to invest in an asset without having to purchase the commodity in its physical form.

As the underlying asset is held in the form of physical gold, its value is directly dependent on the price of gold. 

To read in detail about gold funds, click here: Gold funds

Here’s a list of top 5 gold mutual funds in India:

Note: 

  1. This list has been prepared in the order of high to low 5 year returns. 
  2. This is not a recommendation that historical returns should be considered foremost before making any investment.
  3. The list has been prepared solely for informational and educational purposes. It is not intended to be advice on what to buy or sell. 

IDBI Gold Direct 

TIme period 1 Year 3 Year 5 Year
Return* 0.13% 15.34% 9.16%

To know more about the fund, click here: IDBI Gold Direct 

 

Invesco India Gold Direct

TIme period 1 Year 3 Year 5 Year
Return* -7.95% 13.90% 8.75%

To know more about the fund, click here: Invesco India Gold Direct

 

SBI Gold DirectSBI Gold Fund

TIme period 1 Year 3 Year 5 Year
Return* -7.69% 13.84% 8.75%

To know more about the fund, click here: SBI Gold Direct

 

ICICI Prudential Regular Gold Savings

TIme period 1 Year 3 Year 5 Year
Return* -7.53% 13.42% 8.67%

To know more about the fund, click here: ICICI Prudential Regular Gold Savings

HDFC Gold Direct – HDFC Gold Fund

TIme period 1 Year 3 Year 5 Year
Return* -7.47% 13.77% 8.56%

To know more about the fund, click here: HDFC Gold Direct

*as on October 25, 2021. 

These are the top performing gold mutual funds in India. It is important to note that a good  historical record is not a guarantee of a similar future performance. Investors are advised to research in depth about the funds and invest in alignment with their personal financial goals. 

Happy Investing!

Disclaimer: The content presented here is only for educational and informational purposes. It is not intended to be advice on what to buy or sell. 

To read the RA disclaimer, please click here.

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