+91-22-48913909Top 5 Best Performing Gold Funds for the year 2024
Gold Funds or Gold Mutual Funds refer to the schemes that invest their corpus money in gold ETFs or Exchange Traded Fund. Though Gold ETFs and Gold Funds both are offered by the same fund house but to purchase Gold ETFs customers need to have a Demat account which is not required in case of Gold Funds. In addition, Gold ETFs invest their money in physical gold while the gold funds in Gold ETFs. In Gold Funds, people can invest through SIP mode. These schemes have been able to earn commensurate returns for their investors in 2024. So, let us have a glance at the performance of the top 10 Best Gold Funds for the year 2024 on the Basis of returns.
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Best Performing Gold Funds for the year 2024
Fund NAV Net Assets (Cr) 2024 (%) 2023 (%) 2022 (%) 2021 (%) 2020 (%) IDBI Gold Fund Growth ₹41.0563
↓ -0.23 ₹809 79 18.7 14.8 12 -4 Aditya Birla Sun Life Gold Fund Growth ₹45.7966
↓ -0.53 ₹1,781 72 18.7 14.5 12.3 -5 ICICI Prudential Regular Gold Savings Fund Growth ₹48.6828
↓ -0.60 ₹6,338 72 19.5 13.5 12.7 -5.4 SBI Gold Fund Growth ₹46.1239
↓ -0.55 ₹15,024 71.5 19.6 14.1 12.6 -5.7 HDFC Gold Fund Growth ₹47.0527
↓ -0.50 ₹11,458 71.3 18.9 14.1 12.7 -5.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 6 Mar 26 Research Highlights & Commentary of 5 Funds showcased
Commentary IDBI Gold Fund Aditya Birla Sun Life Gold Fund ICICI Prudential Regular Gold Savings Fund SBI Gold Fund HDFC Gold Fund Point 1 Bottom quartile AUM (₹809 Cr). Bottom quartile AUM (₹1,781 Cr). Lower mid AUM (₹6,338 Cr). Highest AUM (₹15,024 Cr). Upper mid AUM (₹11,458 Cr). Point 2 Established history (13+ yrs). Established history (13+ yrs). Oldest track record among peers (14 yrs). Established history (14+ yrs). Established history (14+ yrs). Point 3 Not Rated. Top rated. Rating: 1★ (lower mid). Rating: 2★ (upper mid). Rating: 1★ (bottom quartile). Point 4 Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 5Y return: 27.42% (top quartile). 5Y return: 26.98% (bottom quartile). 5Y return: 27.14% (lower mid). 5Y return: 27.34% (upper mid). 5Y return: 27.13% (bottom quartile). Point 6 3Y return: 39.36% (lower mid). 3Y return: 39.27% (bottom quartile). 3Y return: 39.53% (upper mid). 3Y return: 39.67% (top quartile). 3Y return: 39.20% (bottom quartile). Point 7 1Y return: 80.98% (bottom quartile). 1Y return: 81.30% (upper mid). 1Y return: 81.17% (lower mid). 1Y return: 81.52% (top quartile). 1Y return: 81.11% (bottom quartile). Point 8 1M return: 5.04% (top quartile). 1M return: 4.23% (bottom quartile). 1M return: 4.02% (bottom quartile). 1M return: 4.44% (upper mid). 1M return: 4.39% (lower mid). Point 9 Alpha: 0.00 (top quartile). Alpha: 0.00 (upper mid). Alpha: 0.00 (lower mid). Alpha: 0.00 (bottom quartile). Alpha: 0.00 (bottom quartile). Point 10 Sharpe: 3.48 (top quartile). Sharpe: 3.08 (bottom quartile). Sharpe: 3.10 (bottom quartile). Sharpe: 3.25 (lower mid). Sharpe: 3.29 (upper mid). IDBI Gold Fund
Aditya Birla Sun Life Gold Fund
ICICI Prudential Regular Gold Savings Fund
SBI Gold Fund
HDFC Gold Fund
Top 5 Performing Gold Funds for the year 2024
The investment objective of the Scheme will be to generate returns that correspond closely to the returns generated by IDBI Gold Exchange Traded Fund (IDBI GOLD ETF). Below is the key information for IDBI Gold Fund Returns up to 1 year are on An Open ended Fund of Funds Scheme with the investment objective to provide returns that tracks returns provided by Birla Sun Life Gold ETF (BSL Gold ETF). Research Highlights for Aditya Birla Sun Life Gold Fund Below is the key information for Aditya Birla Sun Life Gold Fund Returns up to 1 year are on ICICI Prudential Regular Gold Savings Fund (the Scheme) is a fund of funds scheme with the primary objective to generate returns by investing in units of ICICI Prudential Gold Exchange Traded Fund (IPru Gold ETF).
However, there can be no assurance that the investment objectives of the Scheme will be realized. Research Highlights for ICICI Prudential Regular Gold Savings Fund Below is the key information for ICICI Prudential Regular Gold Savings Fund Returns up to 1 year are on The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS). Research Highlights for SBI Gold Fund Below is the key information for SBI Gold Fund Returns up to 1 year are on To seek capital appreciation by investing in units of HDFC Gold Exchange Traded Fund (HGETF). Research Highlights for HDFC Gold Fund Below is the key information for HDFC Gold Fund Returns up to 1 year are on 1. IDBI Gold Fund
IDBI Gold Fund
Growth Launch Date 14 Aug 12 NAV (06 Mar 26) ₹41.0563 ↓ -0.23 (-0.57 %) Net Assets (Cr) ₹809 on 31 Jan 26 Category Gold - Gold AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 0.64 Sharpe Ratio 3.48 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,605 28 Feb 23 ₹11,620 29 Feb 24 ₹12,874 28 Feb 25 ₹17,362 28 Feb 26 ₹31,849 Returns for IDBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Mar 26 Duration Returns 1 Month 5% 3 Month 22.5% 6 Month 47% 1 Year 81% 3 Year 39.4% 5 Year 27.4% 10 Year 15 Year Since launch 11% Historical performance (Yearly) on absolute basis
Year Returns 2024 79% 2023 18.7% 2022 14.8% 2021 12% 2020 -4% 2019 24.2% 2018 21.6% 2017 5.8% 2016 1.4% 2015 8.3% Fund Manager information for IDBI Gold Fund
Name Since Tenure Sumit Bhatnagar 1 Jun 24 1.67 Yr. Data below for IDBI Gold Fund as on 31 Jan 26
Asset Allocation
Asset Class Value Cash 2% Other 98% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC MF Gold ETF
- | -99% ₹803 Cr 537,952
↑ 44,100 Treps
CBLO/Reverse Repo | -2% ₹16 Cr Net Receivables / (Payables)
Net Current Assets | -1% -₹11 Cr 2. Aditya Birla Sun Life Gold Fund
Aditya Birla Sun Life Gold Fund
Growth Launch Date 20 Mar 12 NAV (06 Mar 26) ₹45.7966 ↓ -0.53 (-1.14 %) Net Assets (Cr) ₹1,781 on 31 Jan 26 Category Gold - Gold AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.51 Sharpe Ratio 3.08 Information Ratio 0 Alpha Ratio 0 Min Investment 100 Min SIP Investment 100 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,843 28 Feb 23 ₹11,807 29 Feb 24 ₹12,989 28 Feb 25 ₹17,497 28 Feb 26 ₹32,252 Returns for Aditya Birla Sun Life Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Mar 26 Duration Returns 1 Month 4.2% 3 Month 22.6% 6 Month 47.3% 1 Year 81.3% 3 Year 39.3% 5 Year 27% 10 Year 15 Year Since launch 11.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 72% 2023 18.7% 2022 14.5% 2021 12.3% 2020 -5% 2019 26% 2018 21.3% 2017 6.8% 2016 1.6% 2015 11.5% Fund Manager information for Aditya Birla Sun Life Gold Fund
Name Since Tenure Priya Sridhar 31 Dec 24 1.09 Yr. Data below for Aditya Birla Sun Life Gold Fund as on 31 Jan 26
Asset Allocation
Asset Class Value Cash 2.07% Other 97.93% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Gold ETF
- | -99% ₹1,770 Cr 122,558,766
↑ 14,664,583 Clearing Corporation Of India Limited
CBLO/Reverse Repo | -3% ₹45 Cr Net Receivables / (Payables)
Net Current Assets | -2% -₹34 Cr 3. ICICI Prudential Regular Gold Savings Fund
ICICI Prudential Regular Gold Savings Fund
Growth Launch Date 11 Oct 11 NAV (06 Mar 26) ₹48.6828 ↓ -0.60 (-1.22 %) Net Assets (Cr) ₹6,338 on 31 Jan 26 Category Gold - Gold AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.38 Sharpe Ratio 3.1 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-15 Months (2%),15 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,780 28 Feb 23 ₹11,684 29 Feb 24 ₹12,959 28 Feb 25 ₹17,514 28 Feb 26 ₹32,246 Returns for ICICI Prudential Regular Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Mar 26 Duration Returns 1 Month 4% 3 Month 22.1% 6 Month 47% 1 Year 81.2% 3 Year 39.5% 5 Year 27.1% 10 Year 15 Year Since launch 11.6% Historical performance (Yearly) on absolute basis
Year Returns 2024 72% 2023 19.5% 2022 13.5% 2021 12.7% 2020 -5.4% 2019 26.6% 2018 22.7% 2017 7.4% 2016 0.8% 2015 8.9% Fund Manager information for ICICI Prudential Regular Gold Savings Fund
Name Since Tenure Manish Banthia 27 Sep 12 13.36 Yr. Nishit Patel 29 Dec 20 5.1 Yr. Ashwini Bharucha 1 Nov 25 0.25 Yr. Venus Ahuja 1 Nov 25 0.25 Yr. Data below for ICICI Prudential Regular Gold Savings Fund as on 31 Jan 26
Asset Allocation
Asset Class Value Cash 2.73% Other 97.27% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Gold ETF
- | -99% ₹6,265 Cr 448,751,665
↑ 56,893,421 Treps
CBLO/Reverse Repo | -3% ₹174 Cr Net Current Assets
Net Current Assets | -2% -₹101 Cr 4. SBI Gold Fund
SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (06 Mar 26) ₹46.1239 ↓ -0.55 (-1.19 %) Net Assets (Cr) ₹15,024 on 31 Jan 26 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.3 Sharpe Ratio 3.25 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,758 28 Feb 23 ₹11,753 29 Feb 24 ₹13,021 28 Feb 25 ₹17,592 28 Feb 26 ₹32,463 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Mar 26 Duration Returns 1 Month 4.4% 3 Month 22.4% 6 Month 47.5% 1 Year 81.5% 3 Year 39.7% 5 Year 27.3% 10 Year 15 Year Since launch 11.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 71.5% 2023 19.6% 2022 14.1% 2021 12.6% 2020 -5.7% 2019 27.4% 2018 22.8% 2017 6.4% 2016 3.5% 2015 10% Fund Manager information for SBI Gold Fund
Name Since Tenure Raviprakash Sharma 12 Sep 11 14.4 Yr. Data below for SBI Gold Fund as on 31 Jan 26
Asset Allocation
Asset Class Value Cash 1.93% Other 98.07% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹14,966 Cr 1,097,211,666
↑ 145,868,881 Treps
CBLO/Reverse Repo | -2% ₹306 Cr Net Receivable / Payable
CBLO | -2% -₹248 Cr 5. HDFC Gold Fund
HDFC Gold Fund
Growth Launch Date 24 Oct 11 NAV (06 Mar 26) ₹47.0527 ↓ -0.50 (-1.05 %) Net Assets (Cr) ₹11,458 on 31 Jan 26 Category Gold - Gold AMC HDFC Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.49 Sharpe Ratio 3.29 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 300 Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL) Growth of 10,000 investment over the years.
Date Value 28 Feb 21 ₹10,000 28 Feb 22 ₹10,771 28 Feb 23 ₹11,688 29 Feb 24 ₹12,934 28 Feb 25 ₹17,380 28 Feb 26 ₹32,158 Returns for HDFC Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 6 Mar 26 Duration Returns 1 Month 4.4% 3 Month 22.3% 6 Month 47.3% 1 Year 81.1% 3 Year 39.2% 5 Year 27.1% 10 Year 15 Year Since launch 11.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 71.3% 2023 18.9% 2022 14.1% 2021 12.7% 2020 -5.5% 2019 27.5% 2018 21.7% 2017 6.6% 2016 2.8% 2015 10.1% Fund Manager information for HDFC Gold Fund
Name Since Tenure Arun Agarwal 15 Feb 23 2.96 Yr. Nandita Menezes 29 Mar 25 0.85 Yr. Data below for HDFC Gold Fund as on 31 Jan 26
Asset Allocation
Asset Class Value Cash 1.44% Other 98.56% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | -100% ₹11,455 Cr 840,685,437
↑ 92,026,020 Treps - Tri-Party Repo
CBLO/Reverse Repo | -1% ₹154 Cr Net Current Assets
Net Current Assets | -1% -₹152 Cr
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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Research Highlights for IDBI Gold Fund