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Best Gold Mutual Funds

Gold mutual funds are specific funds that deploy investments in gold-related assets like ETFs. This helps you gain exposure to gold prices without any physical ownership. They are liquid and convenient alternatives to investing in physical gold, while helping bypass concerns relating to purity, storage, theft, etc. Regular investments via SIPs (systematic investment plans) are also possible in these instruments. 

They are basically a fund of funds which pools investors’ money to purchase units in gold ETFs. These ETFs buy and hold physical gold bullion or related contracts to support the units. So, you essentially purchase units of the fund that owns gold ETFs.

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List of Gold Mutual Funds in India

Fund NameCategoryRiskNAVExpense Ratio1Y Returns3Y Returns5Y ReturnsRatingFund Size (in Cr)Exit Load
UTI Gold ETF FoF Fund
CommoditiesVery High23.240.1855.6%32.1%NA5₹608
Exit load of 1%, if redeemed within 15 days
SBI Gold Fund
CommoditiesVery High36.900.155.5%31.9%17.1%5₹7,033
Exit load of 1% if redeemed within 15 days.
Tata Gold ETF FoF Fund
CommoditiesHigh18.610.2553.3%NANA5₹478
Exit load of 0.5%, if redeemed within 7 days.
Quantum Gold Savings Fund
CommoditiesHigh46.110.0455.3%31.7%16.9%4₹328
-
Axis Gold Fund
CommoditiesVery High38.080.1754.8%31.4%17.1%4₹1,556
Exit load of 1%, if redeemed within 15 days.
LIC MF Gold ETF FoF Fund
CommoditiesHigh33.110.3255.6%32.2%17.9%3₹372
Exit load of 1%, if redeemed within 15 days.
HDFC Gold ETF Fund
CommoditiesVery High37.730.1855.6%31.8%17.1%3₹6,328
Exit load of 1%, if redeemed within 15 days.
ICICI Prudential Regular Gold Savings (FOF) Fund
CommoditiesHigh38.550.0954.9%31.5%17.1%3₹3,305
Exit load of 1% if redeemed within 15 days
Invesco India Gold ETF FoF Fund
CommoditiesHigh35.200.154.0%31.2%17.0%3₹278
-
Motilal Oswal Gold and Silver ETFs FoF Fund
CommoditiesVery High23.240.1356.3%31.6%NA2₹834
-
Aditya Birla Sun Life Gold Fund
CommoditiesVery High36.410.256.1%31.6%17.4%2₹909
Exit load of 1%, if redeemed within 15 days.
Kotak Gold Fund
CommoditiesHigh48.740.1654.8%31.3%16.9%2₹4,153
Exit load of 1%, if redeemed within 15 days.
DSP Gold ETF FoF Fund
CommoditiesHigh19.010.6654.6%NANA2₹194
-
Edelweiss Gold and Silver ETF FoF Fund
CommoditiesVery High24.140.2358.5%32.6%NA1₹850
Exit load of 0.10%, if redeemed within 15 days.
Nippon India Gold Savings Fund
CommoditiesVery High48.220.1355.1%31.5%16.8%1₹4,130
Exit load of 1%, if redeemed within 15 days
View All

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

UTI Gold ETF FoF Direct Growth

Fund Performance: The UTI Gold ETF FoF Fund comes under the Commodities category of UTI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in UTI Gold ETF FoF Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹608Cr
1Y Returns55.6%

SBI Gold Direct Plan Growth

Fund Performance: The SBI Gold Fund has given 31.85% annualized returns in the past three years and 17.12% in the last 5 years. The SBI Gold Fund comes under the Commodities category of SBI Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in SBI Gold Fund via lump sum is ₹5,000 and via SIP is ₹500.

Min Investment Amt₹5,000
AUM₹7,033Cr
1Y Returns55.5%

Tata Gold ETF FoF Direct Growth

Fund Performance: The Tata Gold ETF FoF Fund comes under the Commodities category of Tata Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Tata Gold ETF FoF Fund via lump sum is ₹5,000 and via SIP is ₹150.

Min Investment Amt₹5,000
AUM₹478Cr
1Y Returns53.3%

Quantum Gold Savings Fund Direct Growth

Fund Performance: The Quantum Gold Savings Fund has given 31.7% annualized returns in the past three years and 16.89% in the last 5 years. The Quantum Gold Savings Fund comes under the Commodities category of Quantum Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Quantum Gold Savings Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹328Cr
1Y Returns55.3%

Axis Gold Direct Plan Growth

Fund Performance: The Axis Gold Fund has given 31.42% annualized returns in the past three years and 17.15% in the last 5 years. The Axis Gold Fund comes under the Commodities category of Axis Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Axis Gold Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹1,556Cr
1Y Returns54.8%

LIC MF Gold ETF FoF Direct Growth

Fund Performance: The LIC MF Gold ETF FoF Fund has given 32.2% annualized returns in the past three years and 17.89% in the last 5 years. The LIC MF Gold ETF FoF Fund comes under the Commodities category of LIC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in LIC MF Gold ETF FoF Fund via lump sum is ₹5,000 and via SIP is ₹200.

Min Investment Amt₹5,000
AUM₹372Cr
1Y Returns55.6%

HDFC Gold ETF Fund of Fund Direct Plan Growth

Fund Performance: The HDFC Gold ETF Fund has given 31.77% annualized returns in the past three years and 17.06% in the last 5 years. The HDFC Gold ETF Fund comes under the Commodities category of HDFC Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in HDFC Gold ETF Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹6,328Cr
1Y Returns55.6%

ICICI Prudential Regular Gold Savings (FOF) Direct Growth

Fund Performance: The ICICI Prudential Regular Gold Savings (FOF) Fund has given 31.49% annualized returns in the past three years and 17.11% in the last 5 years. The ICICI Prudential Regular Gold Savings (FOF) Fund comes under the Commodities category of ICICI Prudential Mutual Funds.

Min Investment Amt₹100
AUM₹3,305Cr
1Y Returns54.9%

Invesco India Gold ETF FoF Direct Growth

Fund Performance: The Invesco India Gold ETF FoF Fund has given 31.22% annualized returns in the past three years and 17% in the last 5 years. The Invesco India Gold ETF FoF Fund comes under the Commodities category of Invesco Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Invesco India Gold ETF FoF Fund via lump sum is ₹1,000 and via SIP is ₹500.

Min Investment Amt₹1,000
AUM₹278Cr
1Y Returns54.0%

Motilal Oswal Gold and Silver ETFs FoF Direct Growth

Fund Performance: The Motilal Oswal Gold and Silver ETFs FoF Fund comes under the Commodities category of Motilal Oswal Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Motilal Oswal Gold and Silver ETFs FoF Fund via lump sum is ₹500 and via SIP is ₹500.

Min Investment Amt₹500
AUM₹834Cr
1Y Returns56.3%

Aditya Birla Sun Life Gold Fund Direct Growth

Fund Performance: The Aditya Birla Sun Life Gold Fund has given 31.62% annualized returns in the past three years and 17.44% in the last 5 years. The Aditya Birla Sun Life Gold Fund comes under the Commodities category of Aditya Birla Sun Life Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Gold Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹909Cr
1Y Returns56.1%

Kotak Gold Fund Direct Growth

Fund Performance: The Kotak Gold Fund has given 31.3% annualized returns in the past three years and 16.87% in the last 5 years. The Kotak Gold Fund comes under the Commodities category of Kotak Mahindra Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Kotak Gold Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹4,153Cr
1Y Returns54.8%

DSP Gold ETF FoF Direct Growth

Fund Performance: The DSP Gold ETF FoF Fund comes under the Commodities category of DSP Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in DSP Gold ETF FoF Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹194Cr
1Y Returns54.6%

Edelweiss Gold and Silver ETF FoF Direct Growth

Fund Performance: The Edelweiss Gold and Silver ETF FoF Fund comes under the Commodities category of Edelweiss Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Edelweiss Gold and Silver ETF FoF Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹850Cr
1Y Returns58.5%

Nippon India Gold Savings Fund Direct Growth

Fund Performance: The Nippon India Gold Savings Fund has given 31.49% annualized returns in the past three years and 16.82% in the last 5 years. The Nippon India Gold Savings Fund comes under the Commodities category of Nippon India Mutual Funds.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Gold Savings Fund via lump sum is ₹100 and via SIP is ₹100.

Min Investment Amt₹100
AUM₹4,130Cr
1Y Returns55.1%

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