+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 (%) SBI Gold Fund Growth ₹29.3444
↓ -0.41 ₹4,410 19.6 14.1 12.6 -5.7 27.4 ICICI Prudential Regular Gold Savings Fund Growth ₹31.0569
↓ -0.45 ₹2,274 19.5 13.5 12.7 -5.4 26.6 Axis Gold Fund Growth ₹29.1645
↓ -0.49 ₹1,121 19.2 14.7 12.5 -4.7 26.9 Nippon India Gold Savings Fund Growth ₹38.4217
↓ -0.52 ₹3,126 19 14.3 12.3 -5.5 26.6 HDFC Gold Fund Growth ₹29.9896
↓ -0.40 ₹4,272 18.9 14.1 12.7 -5.5 27.5 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 11 Aug 25 Research Highlights & Commentary of 5 Funds showcased
Commentary SBI Gold Fund ICICI Prudential Regular Gold Savings Fund Axis Gold Fund Nippon India Gold Savings Fund HDFC Gold Fund Point 1 Highest AUM (₹4,410 Cr). Bottom quartile AUM (₹2,274 Cr). Bottom quartile AUM (₹1,121 Cr). Lower mid AUM (₹3,126 Cr). Upper mid AUM (₹4,272 Cr). Point 2 Established history (13+ yrs). Established history (13+ yrs). Established history (13+ yrs). Oldest track record among peers (14 yrs). Established history (13+ yrs). Point 3 Top rated. Rating: 1★ (lower mid). Rating: 1★ (bottom quartile). 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: 11.27% (upper mid). 5Y return: 11.22% (lower mid). 5Y return: 11.47% (top quartile). 5Y return: 11.01% (bottom quartile). 5Y return: 11.05% (bottom quartile). Point 6 3Y return: 23.59% (top quartile). 3Y return: 23.31% (bottom quartile). 3Y return: 23.43% (upper mid). 3Y return: 23.22% (bottom quartile). 3Y return: 23.39% (lower mid). Point 7 1Y return: 45.21% (upper mid). 1Y return: 45.35% (top quartile). 1Y return: 44.12% (bottom quartile). 1Y return: 44.69% (bottom quartile). 1Y return: 45.00% (lower mid). Point 8 1M return: 4.37% (bottom quartile). 1M return: 4.56% (top quartile). 1M return: 4.44% (upper mid). 1M return: 4.40% (lower mid). 1M return: 4.33% (bottom quartile). 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: 1.73 (top quartile). Sharpe: 1.67 (bottom quartile). Sharpe: 1.70 (lower mid). Sharpe: 1.71 (upper mid). Sharpe: 1.69 (bottom quartile). SBI Gold Fund
ICICI Prudential Regular Gold Savings Fund
Axis Gold Fund
Nippon India Gold Savings Fund
HDFC Gold Fund
Top 5 Performing Gold Funds for the year 2024
The scheme seeks to provide returns that closely correspond to returns provided by SBI - ETF Gold (Previously known as SBI GETS). Below is the key information for SBI 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 To generate returns that closely correspond to returns generated by Axis Gold ETF. Research Highlights for Axis Gold Fund Below is the key information for Axis Gold Fund Returns up to 1 year are on The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Gold BeES. Research Highlights for Nippon India Gold Savings Fund Below is the key information for Nippon India Gold Savings 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. SBI Gold Fund
SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (11 Aug 25) ₹29.3444 ↓ -0.41 (-1.37 %) Net Assets (Cr) ₹4,410 on 30 Jun 25 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.29 Sharpe Ratio 1.73 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 31 Jul 20 ₹10,000 31 Jul 21 ₹8,893 31 Jul 22 ₹9,337 31 Jul 23 ₹10,723 31 Jul 24 ₹12,421 31 Jul 25 ₹17,329 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Aug 25 Duration Returns 1 Month 4.4% 3 Month 4.2% 6 Month 18% 1 Year 45.2% 3 Year 23.6% 5 Year 11.3% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 19.6% 2023 14.1% 2022 12.6% 2021 -5.7% 2020 27.4% 2019 22.8% 2018 6.4% 2017 3.5% 2016 10% 2015 -8.1% Fund Manager information for SBI Gold Fund
Name Since Tenure Raviprakash Sharma 12 Sep 11 13.89 Yr. Data below for SBI Gold Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 1.19% Other 98.81% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹4,419 Cr 536,211,834
↑ 29,700,000 Net Receivable / Payable
CBLO | -1% -₹27 Cr Treps
CBLO/Reverse Repo | -0% ₹17 Cr 2. ICICI Prudential Regular Gold Savings Fund
ICICI Prudential Regular Gold Savings Fund
Growth Launch Date 11 Oct 11 NAV (11 Aug 25) ₹31.0569 ↓ -0.45 (-1.44 %) Net Assets (Cr) ₹2,274 on 30 Jun 25 Category Gold - Gold AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.4 Sharpe Ratio 1.67 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 31 Jul 20 ₹10,000 31 Jul 21 ₹8,918 31 Jul 22 ₹9,316 31 Jul 23 ₹10,684 31 Jul 24 ₹12,388 31 Jul 25 ₹17,276 Returns for ICICI Prudential Regular Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Aug 25 Duration Returns 1 Month 4.6% 3 Month 4.2% 6 Month 17.9% 1 Year 45.4% 3 Year 23.3% 5 Year 11.2% 10 Year 15 Year Since launch 8.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 19.5% 2023 13.5% 2022 12.7% 2021 -5.4% 2020 26.6% 2019 22.7% 2018 7.4% 2017 0.8% 2016 8.9% 2015 -5.1% Fund Manager information for ICICI Prudential Regular Gold Savings Fund
Name Since Tenure Manish Banthia 27 Sep 12 12.85 Yr. Nishit Patel 29 Dec 20 4.59 Yr. Data below for ICICI Prudential Regular Gold Savings Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 1.37% Other 98.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Gold ETF
- | -100% ₹2,274 Cr 275,231,116
↑ 13,791,914 Treps
CBLO/Reverse Repo | -1% ₹13 Cr Net Current Assets
Net Current Assets | -1% -₹13 Cr 3. Axis Gold Fund
Axis Gold Fund
Growth Launch Date 20 Oct 11 NAV (11 Aug 25) ₹29.1645 ↓ -0.49 (-1.65 %) Net Assets (Cr) ₹1,121 on 30 Jun 25 Category Gold - Gold AMC Axis Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.24 Sharpe Ratio 1.7 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹8,988 31 Jul 22 ₹9,448 31 Jul 23 ₹10,882 31 Jul 24 ₹12,595 31 Jul 25 ₹17,469 Returns for Axis Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Aug 25 Duration Returns 1 Month 4.4% 3 Month 4.3% 6 Month 17.5% 1 Year 44.1% 3 Year 23.4% 5 Year 11.5% 10 Year 15 Year Since launch 8.2% Historical performance (Yearly) on absolute basis
Year Returns 2024 19.2% 2023 14.7% 2022 12.5% 2021 -4.7% 2020 26.9% 2019 23.1% 2018 8.3% 2017 0.7% 2016 10.7% 2015 -11.9% Fund Manager information for Axis Gold Fund
Name Since Tenure Aditya Pagaria 9 Nov 21 3.73 Yr. Pratik Tibrewal 1 Feb 25 0.49 Yr. Data below for Axis Gold Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 5.62% Other 94.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Gold ETF
- | -96% ₹1,074 Cr 133,339,204
↑ 3,300,766 Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -4% ₹50 Cr Net Receivables / (Payables)
CBLO | -0% -₹3 Cr 4. Nippon India Gold Savings Fund
Nippon India Gold Savings Fund
Growth Launch Date 7 Mar 11 NAV (11 Aug 25) ₹38.4217 ↓ -0.52 (-1.34 %) Net Assets (Cr) ₹3,126 on 30 Jun 25 Category Gold - Gold AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.34 Sharpe Ratio 1.71 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 100 Exit Load 0-1 Years (2%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 31 Jul 20 ₹10,000 31 Jul 21 ₹8,864 31 Jul 22 ₹9,276 31 Jul 23 ₹10,629 31 Jul 24 ₹12,270 31 Jul 25 ₹17,126 Returns for Nippon India Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Aug 25 Duration Returns 1 Month 4.4% 3 Month 4.1% 6 Month 17.7% 1 Year 44.7% 3 Year 23.2% 5 Year 11% 10 Year 15 Year Since launch 9.9% Historical performance (Yearly) on absolute basis
Year Returns 2024 19% 2023 14.3% 2022 12.3% 2021 -5.5% 2020 26.6% 2019 22.5% 2018 6% 2017 1.7% 2016 11.6% 2015 -8.1% Fund Manager information for Nippon India Gold Savings Fund
Name Since Tenure Himanshu Mange 23 Dec 23 1.61 Yr. Data below for Nippon India Gold Savings Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 1.38% Other 98.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon India ETF Gold BeES
- | -100% ₹3,128 Cr 391,081,739
↑ 8,330,000 Net Current Assets
Net Current Assets | -0% -₹12 Cr Triparty Repo
CBLO/Reverse Repo | -0% ₹10 Cr Cash Margin - Ccil
CBLO | -0% ₹0 Cr Cash
Net Current Assets | -0% ₹0 Cr 00 5. HDFC Gold Fund
HDFC Gold Fund
Growth Launch Date 24 Oct 11 NAV (11 Aug 25) ₹29.9896 ↓ -0.40 (-1.31 %) Net Assets (Cr) ₹4,272 on 30 Jun 25 Category Gold - Gold AMC HDFC Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.49 Sharpe Ratio 1.69 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 31 Jul 20 ₹10,000 31 Jul 21 ₹8,862 31 Jul 22 ₹9,268 31 Jul 23 ₹10,643 31 Jul 24 ₹12,372 31 Jul 25 ₹17,156 Returns for HDFC Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Aug 25 Duration Returns 1 Month 4.3% 3 Month 4.1% 6 Month 18% 1 Year 45% 3 Year 23.4% 5 Year 11% 10 Year 15 Year Since launch 8.4% Historical performance (Yearly) on absolute basis
Year Returns 2024 18.9% 2023 14.1% 2022 12.7% 2021 -5.5% 2020 27.5% 2019 21.7% 2018 6.6% 2017 2.8% 2016 10.1% 2015 -7.3% Fund Manager information for HDFC Gold Fund
Name Since Tenure Arun Agarwal 15 Feb 23 2.46 Yr. Nandita Menezes 29 Mar 25 0.34 Yr. Data below for HDFC Gold Fund as on 30 Jun 25
Asset Allocation
Asset Class Value Cash 1.39% Other 98.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | -100% ₹4,280 Cr 518,569,445
↑ 21,282,499 Net Current Assets
Net Current Assets | -0% -₹14 Cr Treps - Tri-Party Repo
CBLO/Reverse Repo | -0% ₹6 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 SBI Gold Fund