+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 ₹39.2158
↑ 0.03 ₹775 79 18.7 14.8 12 -4 Aditya Birla Sun Life Gold Fund Growth ₹44.0017
↑ 0.05 ₹1,665 72 18.7 14.5 12.3 -5 ICICI Prudential Regular Gold Savings Fund Growth ₹46.8277
↑ 0.13 ₹6,398 72 19.5 13.5 12.7 -5.4 SBI Gold Fund Growth ₹44.3236
↑ 0.10 ₹15,812 71.5 19.6 14.1 12.6 -5.7 HDFC Gold Fund Growth ₹45.2172
↑ 0.10 ₹11,197 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 8 Sep 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 (₹775 Cr). Bottom quartile AUM (₹1,665 Cr). Lower mid AUM (₹6,398 Cr). Highest AUM (₹15,812 Cr). Upper mid AUM (₹11,197 Cr). Point 2 Established history (14+ yrs). Established history (14+ yrs). Established history (14+ yrs). Oldest track record among peers (15 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: 24.85% (bottom quartile). 5Y return: 24.88% (lower mid). 5Y return: 24.91% (upper mid). 5Y return: 25.01% (top quartile). 5Y return: 24.84% (bottom quartile). Point 6 3Y return: 35.38% (bottom quartile). 3Y return: 35.50% (lower mid). 3Y return: 35.51% (upper mid). 3Y return: 35.54% (top quartile). 3Y return: 35.25% (bottom quartile). Point 7 1Y return: 40.41% (lower mid). 1Y return: 39.29% (bottom quartile). 1Y return: 41.40% (upper mid). 1Y return: 41.78% (top quartile). 1Y return: 39.45% (bottom quartile). Point 8 1M return: 2.12% (top quartile). 1M return: 2.03% (lower mid). 1M return: 1.89% (bottom quartile). 1M return: 1.91% (bottom quartile). 1M return: 2.10% (upper 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: 1.17 (lower mid). Sharpe: 1.13 (bottom quartile). Sharpe: 1.16 (bottom quartile). Sharpe: 1.22 (top quartile). Sharpe: 1.22 (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 (08 Sep 26) ₹39.2158 ↑ 0.03 (0.07 %) Net Assets (Cr) ₹775 on 31 Jul 26 Category Gold - Gold AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 0.64 Sharpe Ratio 1.17 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 31 Aug 21 ₹10,000 31 Aug 22 ₹10,802 31 Aug 23 ₹12,318 31 Aug 24 ₹14,809 31 Aug 25 ₹20,729 31 Aug 26 ₹30,772 Returns for IDBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26 Duration Returns 1 Month 2.1% 3 Month 1% 6 Month -4.5% 1 Year 40.4% 3 Year 35.4% 5 Year 24.8% 10 Year 15 Year Since launch 10.2% 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 2.17 Yr. Sasikant Aravamuthan 1 Jul 26 0.08 Yr. Data below for IDBI Gold Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Cash 1.95% Other 98.05% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC MF Gold ETF
- | -100% ₹775 Cr 60,829,200
↑ 945,000 Treps
CBLO/Reverse Repo | -0% ₹2 Cr Net Receivables / (Payables)
Net Current Assets | -0% -₹2 Cr 2. Aditya Birla Sun Life Gold Fund
Aditya Birla Sun Life Gold Fund
Growth Launch Date 20 Mar 12 NAV (08 Sep 26) ₹44.0017 ↑ 0.05 (0.11 %) Net Assets (Cr) ₹1,665 on 31 Jul 26 Category Gold - Gold AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.51 Sharpe Ratio 1.13 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 31 Aug 21 ₹10,000 31 Aug 22 ₹10,619 31 Aug 23 ₹12,278 31 Aug 24 ₹14,660 31 Aug 25 ₹20,546 31 Aug 26 ₹30,645 Returns for Aditya Birla Sun Life Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26 Duration Returns 1 Month 2% 3 Month 1.3% 6 Month -3.9% 1 Year 39.3% 3 Year 35.5% 5 Year 24.9% 10 Year 15 Year Since launch 10.8% 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 Mehul Dama 7 Jul 26 0.07 Yr. Priya Sridhar 31 Dec 24 1.58 Yr. Data below for Aditya Birla Sun Life Gold Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Cash 1.64% Other 98.36% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Gold ETF
- | -100% ₹1,665 Cr 133,588,381
↑ 5,000 Treps
CBLO/Reverse Repo | -0% ₹3 Cr Net Receivable / Payable
CBLO | -0% -₹2 Cr 3. ICICI Prudential Regular Gold Savings Fund
ICICI Prudential Regular Gold Savings Fund
Growth Launch Date 11 Oct 11 NAV (08 Sep 26) ₹46.8277 ↑ 0.13 (0.28 %) Net Assets (Cr) ₹6,398 on 31 Jul 26 Category Gold - Gold AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.38 Sharpe Ratio 1.16 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 Aug 21 ₹10,000 31 Aug 22 ₹10,737 31 Aug 23 ₹12,284 31 Aug 24 ₹14,764 31 Aug 25 ₹20,704 31 Aug 26 ₹30,750 Returns for ICICI Prudential Regular Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26 Duration Returns 1 Month 1.9% 3 Month 1.4% 6 Month -3.8% 1 Year 41.4% 3 Year 35.5% 5 Year 24.9% 10 Year 15 Year Since launch 10.9% 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 13.85 Yr. Nishit Patel 29 Dec 20 5.59 Yr. Ashwini Bharucha 1 Nov 25 0.75 Yr. Venus Ahuja 1 Nov 25 0.75 Yr. Data below for ICICI Prudential Regular Gold Savings Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Cash 2.02% Other 97.98% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Gold ETF
- | -100% ₹6,392 Cr 526,862,660
↑ 5,383,968 Treps
CBLO/Reverse Repo | -0% ₹15 Cr Net Current Assets
Net Current Assets | -0% -₹10 Cr 4. SBI Gold Fund
SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (08 Sep 26) ₹44.3236 ↑ 0.10 (0.22 %) Net Assets (Cr) ₹15,812 on 31 Jul 26 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.3 Sharpe Ratio 1.22 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 Aug 21 ₹10,000 31 Aug 22 ₹10,698 31 Aug 23 ₹12,347 31 Aug 24 ₹14,787 31 Aug 25 ₹20,728 31 Aug 26 ₹30,931 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26 Duration Returns 1 Month 1.9% 3 Month 1.2% 6 Month -3.9% 1 Year 41.8% 3 Year 35.5% 5 Year 25% 10 Year 15 Year Since launch 10.4% 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 Viral Chhadva 1 Mar 26 0.42 Yr. Data below for SBI Gold Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Cash 1.74% Other 98.26% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹15,823 Cr 1,309,409,339
↑ 29,228,118 Net Receivable / Payable
CBLO | -0% -₹31 Cr Treps
CBLO/Reverse Repo | -0% ₹20 Cr 5. HDFC Gold Fund
HDFC Gold Fund
Growth Launch Date 24 Oct 11 NAV (08 Sep 26) ₹45.2172 ↑ 0.10 (0.23 %) Net Assets (Cr) ₹11,197 on 31 Jul 26 Category Gold - Gold AMC HDFC Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.49 Sharpe Ratio 1.22 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 Aug 21 ₹10,000 31 Aug 22 ₹10,714 31 Aug 23 ₹12,278 31 Aug 24 ₹14,771 31 Aug 25 ₹20,591 31 Aug 26 ₹30,676 Returns for HDFC Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Sep 26 Duration Returns 1 Month 2.1% 3 Month 1.3% 6 Month -3.9% 1 Year 39.5% 3 Year 35.2% 5 Year 24.8% 10 Year 15 Year Since launch 10.7% 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 3.46 Yr. Nandita Menezes 29 Mar 25 1.34 Yr. Data below for HDFC Gold Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Cash 1.46% Other 98.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | -100% ₹11,202 Cr 925,647,168
↑ 5,566,231 Net Current Assets
Net Current Assets | -0% -₹10 Cr Treps - Tri-Party Repo
CBLO/Reverse Repo | -0% ₹5 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