Top 10 Best Performing Gold Funds for the year 2022

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Top 5 Best Performing Gold Funds for the year 2022

Updated on September 27, 2023 , 481 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 2022. So, let us have a glance at the performance of the top 10 Best Gold Funds for the year 2022 on the Basis of returns.

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Best Performing Gold Funds for the year 2022

Fund	NAV	Net Assets (Cr)	2022 (%)	2021 (%)	2020 (%)	2019 (%)	2018 (%)
Invesco India Gold Fund Growth	₹17.2017 ↑ 0.06	₹63	12.8	-5.5	27.2	21.4	6.6
ICICI Prudential Regular Gold Savings Fund Growth	₹18.7074 ↑ 0.06	₹703	12.7	-5.4	26.6	22.7	7.4
HDFC Gold Fund Growth	₹18.1118 ↑ 0.08	₹1,512	12.7	-5.5	27.5	21.7	6.6
SBI Gold Fund Growth	₹17.6311 ↑ 0.05	₹1,341	12.6	-5.7	27.4	22.8	6.4
Axis Gold Fund Growth	₹17.6993 ↑ 0.06	₹328	12.5	-4.7	26.9	23.1	8.3
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23

Top 5 Performing Gold Funds for the year 2022

1. Invesco India Gold Fund

To provide returns that closely corresponds to returns provided by Invesco India Gold Exchange Traded Fund.

Invesco India Gold Fund is a Gold - Gold fund was launched on 5 Dec 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.7% since its launch. Return for 2022 was 12.8% , 2021 was -5.5% and 2020 was 27.2% .

Below is the key information for Invesco India Gold Fund

Invesco India Gold Fund Growth
Launch Date	5 Dec 11
NAV (22 Aug 23)	₹17.2017 ↑ 0.06 (0.34 %)
Net Assets (Cr)	₹63 on 31 Jul 23
Category	Gold - Gold
AMC	Invesco Asset Management (India) Private Ltd
Rating	☆☆☆
Risk	Moderately High
Expense Ratio	0.47
Sharpe Ratio	0.59
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
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
30 Sep 18	₹10,000
30 Sep 19	₹12,254
30 Sep 20	₹15,917
30 Sep 21	₹14,246
30 Sep 22	₹15,569
30 Sep 23	₹17,662

Invesco India Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for Invesco India 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 22 Aug 23

Duration	Returns
1 Month	-1.2%
3 Month	-4.2%
6 Month	3.5%
1 Year	13.4%
3 Year	2.9%
5 Year	13.3%
10 Year
15 Year
Since launch	4.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	12.8%
2021	-5.5%
2020	27.2%
2019	21.4%
2018	6.6%
2017	1.3%
2016	21.6%
2015	-15.1%
2014	-9%
2013	-7.6%

Fund Manager information for Invesco India Gold Fund

Name	Since	Tenure
Krishna Cheemalapati	4 Jan 20	3.66 Yr.

Data below for Invesco India Gold Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	2.62%
Other	97.38%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Invesco India Gold ETF - \| -	99%	₹62 Cr	117,715 ↑ 75
Triparty Repo CBLO/Reverse Repo \| -	1%	₹1 Cr
Net Receivables / (Payables) CBLO \| -	0%	₹0 Cr

2. 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.

ICICI Prudential Regular Gold Savings Fund is a Gold - Gold fund was launched on 11 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 5.4% since its launch. Return for 2022 was 12.7% , 2021 was -5.4% and 2020 was 26.6% .

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 (22 Aug 23)	₹18.7074 ↑ 0.06 (0.33 %)
Net Assets (Cr)	₹703 on 31 Jul 23
Category	Gold - Gold
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆
Risk	Moderately High
Expense Ratio	0.4
Sharpe Ratio	0.69
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
30 Sep 18	₹10,000
30 Sep 19	₹12,147
30 Sep 20	₹16,024
30 Sep 21	₹14,477
30 Sep 22	₹15,628
30 Sep 23	₹17,766

ICICI Prudential Regular Gold Savings Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 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 22 Aug 23

Duration	Returns
1 Month	-1.4%
3 Month	-3.9%
6 Month	3.7%
1 Year	12.6%
3 Year	2.6%
5 Year	13.1%
10 Year
15 Year
Since launch	5.4%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	12.7%
2021	-5.4%
2020	26.6%
2019	22.7%
2018	7.4%
2017	0.8%
2016	8.9%
2015	-5.1%
2014	-9.2%
2013	-6.7%

Fund Manager information for ICICI Prudential Regular Gold Savings Fund

Name	Since	Tenure
Manish Banthia	27 Sep 12	10.93 Yr.
Nishit Patel	29 Dec 20	2.67 Yr.

Data below for ICICI Prudential Regular Gold Savings Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	1.75%
Other	98.25%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
ICICI Pru Gold ETF - \| -	100%	₹714 Cr	137,571,884 ↑ 2,539,926
Treps CBLO/Reverse Repo \| -	0%	₹2 Cr
Net Current Assets Net Current Assets \| -	0%	-₹1 Cr

3. HDFC Gold Fund

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

HDFC Gold Fund is a Gold - Gold fund was launched on 24 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 5.2% since its launch. Return for 2022 was 12.7% , 2021 was -5.5% and 2020 was 27.5% .

Below is the key information for HDFC Gold Fund

HDFC Gold Fund Growth
Launch Date	24 Oct 11
NAV (22 Aug 23)	₹18.1118 ↑ 0.08 (0.45 %)
Net Assets (Cr)	₹1,512 on 30 Jun 23
Category	Gold - Gold
AMC	HDFC Asset Management Company Limited
Rating	☆
Risk	Moderately High
Expense Ratio	0.54
Sharpe Ratio	0.54
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
30 Sep 18	₹10,000
30 Sep 19	₹12,184
30 Sep 20	₹16,253
30 Sep 21	₹14,593
30 Sep 22	₹15,792
30 Sep 23	₹17,984

HDFC Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 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 22 Aug 23

Duration	Returns
1 Month	-1.4%
3 Month	-3.9%
6 Month	3.8%
1 Year	13.1%
3 Year	2.7%
5 Year	13.3%
10 Year
15 Year
Since launch	5.2%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	12.7%
2021	-5.5%
2020	27.5%
2019	21.7%
2018	6.6%
2017	2.8%
2016	10.1%
2015	-7.3%
2014	-9.8%
2013	-7.2%

Fund Manager information for HDFC Gold Fund

Name	Since	Tenure
Arun Agarwal	15 Feb 23	0.54 Yr.
Nirman Morakhia	15 Feb 23	0.54 Yr.

Data below for HDFC Gold Fund as on 30 Jun 23

Asset Allocation

Asset Class	Value
Cash	1.89%
Other	98.11%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
HDFC Gold ETF - \| -	100%	₹1,569 Cr	301,783,048 ↑ 3,845,756
Treps - Tri-Party Repo CBLO/Reverse Repo \| -	0%	₹2 Cr
Net Current Assets Net Current Assets \| -	0%	-₹1 Cr

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).

SBI Gold Fund is a Gold - Gold fund was launched on 12 Sep 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.9% since its launch. Return for 2022 was 12.6% , 2021 was -5.7% and 2020 was 27.4% .

Below is the key information for SBI Gold Fund

SBI Gold Fund Growth
Launch Date	12 Sep 11
NAV (22 Aug 23)	₹17.6311 ↑ 0.05 (0.29 %)
Net Assets (Cr)	₹1,341 on 30 Jun 23
Category	Gold - Gold
AMC	SBI Funds Management Private Limited
Rating	☆☆
Risk	Moderately High
Expense Ratio	0.28
Sharpe Ratio	0.53
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
30 Sep 18	₹10,000
30 Sep 19	₹12,262
30 Sep 20	₹16,321
30 Sep 21	₹14,738
30 Sep 22	₹15,935
30 Sep 23	₹18,170

SBI Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 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 22 Aug 23

Duration	Returns
1 Month	-1.7%
3 Month	-4.1%
6 Month	3.6%
1 Year	13%
3 Year	2.8%
5 Year	13.5%
10 Year
15 Year
Since launch	4.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	12.6%
2021	-5.7%
2020	27.4%
2019	22.8%
2018	6.4%
2017	3.5%
2016	10%
2015	-8.1%
2014	-10.2%
2013	-6.6%

Fund Manager information for SBI Gold Fund

Name	Since	Tenure
Raviprakash Sharma	12 Sep 11	11.98 Yr.

Data below for SBI Gold Fund as on 30 Jun 23

Asset Allocation

Asset Class	Value
Cash	1.52%
Other	98.48%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
SBI Gold ETF - \| -	100%	₹1,395 Cr	267,839,586 ↑ 3,400,000
Treps CBLO/Reverse Repo \| -	0%	₹3 Cr
Net Receivable / Payable CBLO \| -	0%	-₹3 Cr

5. Axis Gold Fund

To generate returns that closely correspond to returns generated by Axis Gold ETF.

Axis Gold Fund is a Gold - Gold fund was launched on 20 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.9% since its launch. Return for 2022 was 12.5% , 2021 was -4.7% and 2020 was 26.9% .

Below is the key information for Axis Gold Fund

Axis Gold Fund Growth
Launch Date	20 Oct 11
NAV (22 Aug 23)	₹17.6993 ↑ 0.06 (0.31 %)
Net Assets (Cr)	₹328 on 31 Jul 23
Category	Gold - Gold
AMC	Axis Asset Management Company Limited
Rating	☆
Risk	Moderately High
Expense Ratio	0.27
Sharpe Ratio	0.76
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
30 Sep 18	₹10,000
30 Sep 19	₹12,216
30 Sep 20	₹16,285
30 Sep 21	₹14,774
30 Sep 22	₹15,988
30 Sep 23	₹18,274

Axis Gold Fund SIP Returns

Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080 Invest Now

Returns for Axis 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 22 Aug 23

Duration	Returns
1 Month	-1.5%
3 Month	-4%
6 Month	3.6%
1 Year	13.3%
3 Year	2.8%
5 Year	13.6%
10 Year
15 Year
Since launch	4.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	12.5%
2021	-4.7%
2020	26.9%
2019	23.1%
2018	8.3%
2017	0.7%
2016	10.7%
2015	-11.9%
2014	-11.4%
2013	-7.5%

Fund Manager information for Axis Gold Fund

Name	Since	Tenure
Aditya Pagaria	9 Nov 21	1.81 Yr.

Data below for Axis Gold Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	4.35%
Other	95.65%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
Axis Gold ETF - \| -	97%	₹325 Cr	64,056,809 ↑ 553,457
Clearing Corporation Of India Ltd CBLO/Reverse Repo \| -	3%	₹9 Cr
Net Receivables / (Payables) CBLO \| -	0%	₹0 Cr

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.