Top 5 Best Performing Gold Funds for the year 2024

Updated on January 25, 2026 , 1029 views

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	₹40.9435 ↑ 0.79	₹623	79	18.7	14.8	12	-4
Aditya Birla Sun Life Gold Fund Growth	₹45.9007 ↑ 1.20	₹1,266	72	18.7	14.5	12.3	-5
ICICI Prudential Regular Gold Savings Fund Growth	₹49.0192 ↑ 1.39	₹4,482	72	19.5	13.5	12.7	-5.4
SBI Gold Fund Growth	₹46.2807 ↑ 1.34	₹10,775	71.5	19.6	14.1	12.6	-5.7
HDFC Gold Fund Growth	₹47.2778 ↑ 1.33	₹8,501	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 27 Jan 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 (₹623 Cr).	Bottom quartile AUM (₹1,266 Cr).	Lower mid AUM (₹4,482 Cr).	Highest AUM (₹10,775 Cr).	Upper mid AUM (₹8,501 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: 24.77% (bottom quartile).	5Y return: 24.89% (lower mid).	5Y return: 24.94% (upper mid).	5Y return: 25.04% (top quartile).	5Y return: 24.85% (bottom quartile).
Point 6	3Y return: 38.64% (bottom quartile).	3Y return: 38.72% (lower mid).	3Y return: 38.84% (upper mid).	3Y return: 38.95% (top quartile).	3Y return: 38.59% (bottom quartile).
Point 7	1Y return: 92.72% (bottom quartile).	1Y return: 93.06% (bottom quartile).	1Y return: 93.70% (upper mid).	1Y return: 93.70% (top quartile).	1Y return: 93.48% (lower mid).
Point 8	1M return: 14.10% (bottom quartile).	1M return: 14.76% (bottom quartile).	1M return: 15.01% (upper mid).	1M return: 15.10% (top quartile).	1M return: 14.97% (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: 4.30 (bottom quartile).	Sharpe: 4.49 (top quartile).	Sharpe: 4.33 (bottom quartile).	Sharpe: 4.38 (lower mid).	Sharpe: 4.39 (upper mid).

IDBI Gold Fund

Bottom quartile AUM (₹623 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 24.77% (bottom quartile).
3Y return: 38.64% (bottom quartile).
1Y return: 92.72% (bottom quartile).
1M return: 14.10% (bottom quartile).
Alpha: 0.00 (top quartile).
Sharpe: 4.30 (bottom quartile).

Aditya Birla Sun Life Gold Fund

Bottom quartile AUM (₹1,266 Cr).
Established history (13+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 24.89% (lower mid).
3Y return: 38.72% (lower mid).
1Y return: 93.06% (bottom quartile).
1M return: 14.76% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: 4.49 (top quartile).

ICICI Prudential Regular Gold Savings Fund

Lower mid AUM (₹4,482 Cr).
Oldest track record among peers (14 yrs).
Rating: 1★ (lower mid).
Risk profile: Moderately High.
5Y return: 24.94% (upper mid).
3Y return: 38.84% (upper mid).
1Y return: 93.70% (upper mid).
1M return: 15.01% (upper mid).
Alpha: 0.00 (lower mid).
Sharpe: 4.33 (bottom quartile).

SBI Gold Fund

Highest AUM (₹10,775 Cr).
Established history (14+ yrs).
Rating: 2★ (upper mid).
Risk profile: Moderately High.
5Y return: 25.04% (top quartile).
3Y return: 38.95% (top quartile).
1Y return: 93.70% (top quartile).
1M return: 15.10% (top quartile).
Alpha: 0.00 (bottom quartile).
Sharpe: 4.38 (lower mid).

HDFC Gold Fund

Upper mid AUM (₹8,501 Cr).
Established history (14+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.85% (bottom quartile).
3Y return: 38.59% (bottom quartile).
1Y return: 93.48% (lower mid).
1M return: 14.97% (lower mid).
Alpha: 0.00 (bottom quartile).
Sharpe: 4.39 (upper mid).

Top 5 Performing Gold Funds for the year 2024

1. IDBI Gold Fund

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).

Research Highlights for IDBI Gold Fund

Bottom quartile AUM (₹623 Cr).
Established history (13+ yrs).
Not Rated.
Risk profile: Moderately High.
5Y return: 24.77% (bottom quartile).
3Y return: 38.64% (bottom quartile).
1Y return: 92.72% (bottom quartile).
1M return: 14.10% (bottom quartile).
Alpha: 0.00 (top quartile).
Sharpe: 4.30 (bottom quartile).
Information ratio: 0.00 (top quartile).

Below is the key information for IDBI Gold Fund

IDBI Gold Fund Growth
Launch Date	14 Aug 12
NAV (27 Jan 26)	₹40.9435 ↑ 0.79 (1.98 %)
Net Assets (Cr)	₹623 on 31 Dec 25
Category	Gold - Gold
AMC	IDBI Asset Management Limited
Rating	Not Rated
Risk	Moderately High
Expense Ratio	0.64
Sharpe Ratio	4.3
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

IDBI Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 Invest Now

Returns for IDBI Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 26

Duration	Returns
1 Month	14.1%
3 Month	31.4%
6 Month	58.7%
1 Year	92.7%
3 Year	38.6%
5 Year	24.8%
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

Data below for IDBI Gold Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

2. Aditya Birla Sun Life Gold Fund

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

Bottom quartile AUM (₹1,266 Cr).
Established history (13+ yrs).
Top rated.
Risk profile: Moderately High.
5Y return: 24.89% (lower mid).
3Y return: 38.72% (lower mid).
1Y return: 93.06% (bottom quartile).
1M return: 14.76% (bottom quartile).
Alpha: 0.00 (upper mid).
Sharpe: 4.49 (top quartile).
Information ratio: 0.00 (upper mid).

Below is the key information for Aditya Birla Sun Life Gold Fund

Aditya Birla Sun Life Gold Fund Growth
Launch Date	20 Mar 12
NAV (27 Jan 26)	₹45.9007 ↑ 1.20 (2.69 %)
Net Assets (Cr)	₹1,266 on 31 Dec 25
Category	Gold - Gold
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	0.51
Sharpe Ratio	4.49
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

Aditya Birla Sun Life Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 Invest Now

Returns for Aditya Birla Sun Life Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 26

Duration	Returns
1 Month	14.8%
3 Month	31.2%
6 Month	59.8%
1 Year	93.1%
3 Year	38.7%
5 Year	24.9%
10 Year
15 Year
Since launch	11.6%

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

Data below for Aditya Birla Sun Life Gold Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

3. ICICI Prudential Regular Gold Savings Fund

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

Lower mid AUM (₹4,482 Cr).
Oldest track record among peers (14 yrs).
Rating: 1★ (lower mid).
Risk profile: Moderately High.
5Y return: 24.94% (upper mid).
3Y return: 38.84% (upper mid).
1Y return: 93.70% (upper mid).
1M return: 15.01% (upper mid).
Alpha: 0.00 (lower mid).
Sharpe: 4.33 (bottom quartile).
Information ratio: 0.00 (lower mid).

Below is the key information for ICICI Prudential Regular Gold Savings Fund

ICICI Prudential Regular Gold Savings Fund Growth
Launch Date	11 Oct 11
NAV (27 Jan 26)	₹49.0192 ↑ 1.39 (2.91 %)
Net Assets (Cr)	₹4,482 on 31 Dec 25
Category	Gold - Gold
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆
Risk	Moderately High
Expense Ratio	0.38
Sharpe Ratio	4.33
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

ICICI Prudential Regular Gold Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 Invest Now

Returns for ICICI Prudential Regular Gold Savings Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 26

Duration	Returns
1 Month	15%
3 Month	31.5%
6 Month	60%
1 Year	93.7%
3 Year	38.8%
5 Year	24.9%
10 Year
15 Year
Since launch	11.8%

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

Data below for ICICI Prudential Regular Gold Savings Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

4. SBI Gold Fund

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

Highest AUM (₹10,775 Cr).
Established history (14+ yrs).
Rating: 2★ (upper mid).
Risk profile: Moderately High.
5Y return: 25.04% (top quartile).
3Y return: 38.95% (top quartile).
1Y return: 93.70% (top quartile).
1M return: 15.10% (top quartile).
Alpha: 0.00 (bottom quartile).
Sharpe: 4.38 (lower mid).
Information ratio: 0.00 (bottom quartile).

Below is the key information for SBI Gold Fund

SBI Gold Fund Growth
Launch Date	12 Sep 11
NAV (27 Jan 26)	₹46.2807 ↑ 1.34 (2.98 %)
Net Assets (Cr)	₹10,775 on 31 Dec 25
Category	Gold - Gold
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	0.3
Sharpe Ratio	4.38
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

SBI Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹570,326.
Net Profit of ₹270,326 Invest Now

Returns for SBI Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 26

Duration	Returns
1 Month	15.1%
3 Month	31.4%
6 Month	59.9%
1 Year	93.7%
3 Year	39%
5 Year	25%
10 Year
15 Year
Since launch	11.2%

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

Data below for SBI Gold Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

5. HDFC Gold Fund

To seek capital appreciation by investing in units of HDFC Gold Exchange Traded Fund (HGETF).

Research Highlights for HDFC Gold Fund

Upper mid AUM (₹8,501 Cr).
Established history (14+ yrs).
Rating: 1★ (bottom quartile).
Risk profile: Moderately High.
5Y return: 24.85% (bottom quartile).
3Y return: 38.59% (bottom quartile).
1Y return: 93.48% (lower mid).
1M return: 14.97% (lower mid).
Alpha: 0.00 (bottom quartile).
Sharpe: 4.39 (upper mid).
Information ratio: 0.00 (bottom quartile).

Below is the key information for HDFC Gold Fund

HDFC Gold Fund Growth
Launch Date	24 Oct 11
NAV (27 Jan 26)	₹47.2778 ↑ 1.33 (2.90 %)
Net Assets (Cr)	₹8,501 on 31 Dec 25
Category	Gold - Gold
AMC	HDFC Asset Management Company Limited
Rating	☆
Risk	Moderately High
Expense Ratio	0.49
Sharpe Ratio	4.39
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

HDFC Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹556,833.
Net Profit of ₹256,833 Invest Now

Returns for HDFC Gold Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 27 Jan 26

Duration	Returns
1 Month	15%
3 Month	31.3%
6 Month	59.8%
1 Year	93.5%
3 Year	38.6%
5 Year	24.8%
10 Year
15 Year
Since launch	11.5%

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

Data below for HDFC Gold Fund as on 31 Dec 25

Asset Allocation

Asset Class	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

Disclaimer:
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.