fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
8 Best Performing Gold Mutual Funds to Invest in 2018

Fincash » Mutual Funds » Best Gold Mutual Funds

8 Best Gold Mutual Funds 2018

Updated on November 18, 2018 , 714 views

Gold has emerged as an important asset class in most portfolios given its ability to grow with inflation and protect the portfolio from volatility caused due to a financial and economic crisis.

Today, gold as an investment is available in many forms such as- physical gold, E-Gold, etc. But, Gold Funds have emerged as one of the most popular routes for gold investments. So, let’s have a close look at some of the best Gold Mutual Funds to invest in 2018.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Indians are very culturally inclined towards buying gold, whether for ornamental purposes or even for wealth creation. Also India being the country of various festivals all year round, investors always look at buying gold. While earlier physical gold used to be the choice, Gold Mutual Funds are clearly better in every aspect (except for ornamental purpose where once needs to buy physical gold), with benefits like minimum investment amount, diversification, no Demat account required, SIP growth, etc.

Gold Mutual Funds is a variant of Gold ETFs. A gold ETF (Exchange Traded Fund) is an instrument that is based on gold price or invests in gold bullion. A gold ETF specialises in Investing in a range of gold securities. Gold Mutual Funds do not directly invest in physical gold but take the same position indirectly by Investing in Gold ETFs.

Also, the minimum investment amount one would require to do in Gold Mutual Funds is of INR 1,000 (as monthly SIP). Since this investment is made through a Mutual Fund, investors can opt for systematic investments or withdrawals too. As Gold Mutual Funds units can be bought or sold from the fund house, investors do not face liquidity risks.

Top Performing Gold Funds to Invest in India

FundNAVNet Assets (Cr)3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)2017 (%)
Aditya Birla Sun Life Gold Fund Growth ₹9.9009
↑ 0.04
₹594.2-3.82.66.4-0.91.6
SBI Gold Fund Growth ₹9.7849
↓ -0.01
₹3224.8-0.82.65.2-1.43.5
Reliance Gold Savings Fund Growth ₹13.0219
↓ 0.00
₹6434.8-12.55.1-1.61.7
Axis Gold Fund Growth ₹9.8104
↓ 0.00
₹495.41.45.95.3-2.50.7
Kotak Gold Fund Growth ₹12.9248
↓ -0.05
₹1414.9-0.43.85.2-1.52.5
ICICI Prudential Regular Gold Savings Fund Growth ₹10.4966
↓ -0.04
₹433.5-0.83.45-10.8
HDFC Gold Fund Growth ₹10.1305
↑ 0.01
₹2154.6-0.33.15.4-1.32.8
Canara Robeco Gold Savings Fund Growth ₹9.2969
↑ 0.06
₹380.8-1.43.95.40.12.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 20 Nov 18
*Above is list of top Gold Funds having AUM/Net Assets > 25 Crore

1. 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).

Aditya Birla Sun Life Gold Fund is a Gold - Gold fund was launched on 20 Mar 12. It is a fund with Moderately High risk and has given a CAGR/Annualized return of -0.1% since its launch.  Return for 2017 was 1.6% , 2016 was 11.5% and 2015 was -7.2% .

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 (20 Nov 18) ₹9.9009 ↑ 0.04   (0.40 %)
Net Assets (Cr) ₹59 on 31 Oct 18
Category Gold - Gold
AMC Birla Sun Life Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.5
Sharpe Ratio 0.43
Information Ratio 0
Alpha Ratio 0
Min Investment 1,000
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,537
31 Oct 15₹8,644
31 Oct 16₹9,756
31 Oct 17₹9,116
31 Oct 18₹9,698

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 20 Nov 18

DurationReturns
1 Month -3.8%
3 Month 4.2%
6 Month -3.8%
1 Year 2.6%
3 Year 6.4%
5 Year -0.9%
10 Year
15 Year
Since launch -0.1%
Historical performance (Yearly) on absolute basis
YearReturns
2017 1.6%
2016 11.5%
2015 -7.2%
2014 -9.4%
2013 -6.9%
2012
2011
2010
2009
2008
Fund Manager information for Aditya Birla Sun Life Gold Fund
NameSinceTenure
Lovelish Solanki30 Jun 180.34 Yr.

Data below for Aditya Birla Sun Life Gold Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash3.11%
Other96.89%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Aditya BSL Gold ETF
- | 533408
97%₹57 Cr195,000
Clearing Corporation Of India Limited
CBLO | -
3%₹2 Cr
Net Receivables / (Payables)
Net Current Assets | -
0%₹0 Cr

2. 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 -0.3% since its launch.  Return for 2017 was 3.5% , 2016 was 10% and 2015 was -8.1% .

Below is the key information for SBI Gold Fund

SBI Gold Fund
Growth
Launch Date 12 Sep 11
NAV (20 Nov 18) ₹9.7849 ↓ -0.01   (-0.14 %)
Net Assets (Cr) ₹322 on 31 Oct 18
Category Gold - Gold
AMC SBI Funds Management Private Limited
Rating
Risk Moderately High
Expense Ratio 0.47
Sharpe Ratio 0.43
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,470
31 Oct 15₹8,352
31 Oct 16₹9,339
31 Oct 17₹8,978
31 Oct 18₹9,558

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 20 Nov 18

DurationReturns
1 Month -2.5%
3 Month 4.8%
6 Month -0.8%
1 Year 2.6%
3 Year 5.2%
5 Year -1.4%
10 Year
15 Year
Since launch -0.3%
Historical performance (Yearly) on absolute basis
YearReturns
2017 3.5%
2016 10%
2015 -8.1%
2014 -10.2%
2013 -6.6%
2012 10.9%
2011
2010
2009
2008
Fund Manager information for SBI Gold Fund
NameSinceTenure
Raviprakash Sharma12 Sep 117.14 Yr.

Data below for SBI Gold Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash0.38%
Other99.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
SBI ETF Gold
- | SBIGETS
100%₹321 Cr1,122,093
↓ -10,000
Cblo
CBLO | -
0%₹1 Cr
Net Receivable / Payable
CBLO | -
0%-₹1 Cr

3. Reliance Gold Savings Fund

The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Gold BeES.

Reliance Gold Savings Fund is a Gold - Gold fund was launched on 7 Mar 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 3.5% since its launch.  Return for 2017 was 1.7% , 2016 was 11.6% and 2015 was -8.1% .

Below is the key information for Reliance Gold Savings Fund

Reliance Gold Savings Fund
Growth
Launch Date 7 Mar 11
NAV (20 Nov 18) ₹13.0219 ↓ 0.00   (-0.01 %)
Net Assets (Cr) ₹643 on 31 Oct 18
Category Gold - Gold
AMC Reliance Nippon Life Asset Management Ltd.
Rating
Risk Moderately High
Expense Ratio 0.71
Sharpe Ratio 0.49
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Exit Load 0-1 Years (2%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,401
31 Oct 15₹8,341
31 Oct 16₹9,419
31 Oct 17₹8,865
31 Oct 18₹9,475

Returns for Reliance 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 20 Nov 18

DurationReturns
1 Month -3.7%
3 Month 4.8%
6 Month -1%
1 Year 2.5%
3 Year 5.1%
5 Year -1.6%
10 Year
15 Year
Since launch 3.5%
Historical performance (Yearly) on absolute basis
YearReturns
2017 1.7%
2016 11.6%
2015 -8.1%
2014 -9.8%
2013 -7.6%
2012 11.2%
2011
2010
2009
2008
Fund Manager information for Reliance Gold Savings Fund
NameSinceTenure
Mehul Dama6 Nov 180 Yr.

Data below for Reliance Gold Savings Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash0.79%
Other99.21%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance ETF Gold BeES
- | GOLDBEES
100%₹642 Cr2,261,959
↑ 51,404
Cblo
CBLO | -
1%₹5 Cr
Net Current Assets
Net Current Assets | -
0%-₹3 Cr
Cash Margin - Ccil
Receivables | -
0%₹0 Cr

4. 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 -0.3% since its launch.  Return for 2017 was 0.7% , 2016 was 10.7% and 2015 was -11.9% .

Below is the key information for Axis Gold Fund

Axis Gold Fund
Growth
Launch Date 20 Oct 11
NAV (20 Nov 18) ₹9.8104 ↓ 0.00   (-0.03 %)
Net Assets (Cr) ₹49 on 31 Oct 18
Category Gold - Gold
AMC Axis Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.75
Sharpe Ratio 0.7
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,230
31 Oct 15₹7,795
31 Oct 16₹9,333
31 Oct 17₹8,248
31 Oct 18₹9,057

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 20 Nov 18

DurationReturns
1 Month -2.2%
3 Month 5.4%
6 Month 1.4%
1 Year 5.9%
3 Year 5.3%
5 Year -2.5%
10 Year
15 Year
Since launch -0.3%
Historical performance (Yearly) on absolute basis
YearReturns
2017 0.7%
2016 10.7%
2015 -11.9%
2014 -11.4%
2013 -7.5%
2012 10.9%
2011
2010
2009
2008
Fund Manager information for Axis Gold Fund
NameSinceTenure
Devang Shah7 Jun 162.4 Yr.

Data below for Axis Gold Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash5.16%
Other94.84%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Axis Gold ETF
- | AXISGOLDEQ
99%₹49 Cr172,000
↓ -4,000
Clearing Corporation Of India Ltd
CBLO | -
1%₹1 Cr
Net Receivables / (Payables)
Net Current Assets | -
1%₹0 Cr

5. Kotak Gold Fund

The investment objective of the scheme is to generate returns by investing in units of Kotak Gold Exchange Traded Fund.

Kotak Gold Fund is a Gold - Gold fund was launched on 25 Mar 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 3.4% since its launch.  Return for 2017 was 2.5% , 2016 was 10.2% and 2015 was -8.4% .

Below is the key information for Kotak Gold Fund

Kotak Gold Fund
Growth
Launch Date 25 Mar 11
NAV (20 Nov 18) ₹12.9248 ↓ -0.05   (-0.40 %)
Net Assets (Cr) ₹141 on 31 Oct 18
Category Gold - Gold
AMC Kotak Mahindra Asset Management Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.74
Sharpe Ratio 0.6
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,466
31 Oct 15₹8,308
31 Oct 16₹9,581
31 Oct 17₹8,863
31 Oct 18₹9,629

Returns for Kotak 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 20 Nov 18

DurationReturns
1 Month -2.9%
3 Month 4.9%
6 Month -0.4%
1 Year 3.8%
3 Year 5.2%
5 Year -1.5%
10 Year
15 Year
Since launch 3.4%
Historical performance (Yearly) on absolute basis
YearReturns
2017 2.5%
2016 10.2%
2015 -8.4%
2014 -10%
2013 -7.7%
2012 10.9%
2011
2010
2009
2008
Fund Manager information for Kotak Gold Fund
NameSinceTenure
Abhishek Bisen25 Mar 117.61 Yr.

Data below for Kotak Gold Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash3.09%
Other96.91%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Kotak Gold ETF
- | KOTAKGOLDE
97%₹137 Cr4,852,542
↓ -7,247
Collateral Borrowing & Lending Obligation
CBLO | -
3%₹4 Cr
Net Current Assets/(Liabilities)
Net Current Assets | -
0%₹0 Cr

6. 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 0.7% since its launch.  Return for 2017 was 0.8% , 2016 was 8.9% and 2015 was -5.1% .

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 (20 Nov 18) ₹10.4966 ↓ -0.04   (-0.35 %)
Net Assets (Cr) ₹43 on 31 Oct 18
Category Gold - Gold
AMC ICICI Prudential Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.5
Sharpe Ratio 0.49
Information Ratio -0.19
Alpha Ratio -1.79
Min Investment 5,000
Exit Load 0-15 Months (2%),15 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,606
31 Oct 15₹8,473
31 Oct 16₹9,833
31 Oct 17₹9,184
31 Oct 18₹9,831

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 20 Nov 18

DurationReturns
1 Month -3.1%
3 Month 3.5%
6 Month -0.8%
1 Year 3.4%
3 Year 5%
5 Year -1%
10 Year
15 Year
Since launch 0.7%
Historical performance (Yearly) on absolute basis
YearReturns
2017 0.8%
2016 8.9%
2015 -5.1%
2014 -9.2%
2013 -6.7%
2012 11.2%
2011
2010
2009
2008
Fund Manager information for ICICI Prudential Regular Gold Savings Fund
NameSinceTenure
Manish Banthia27 Sep 126.1 Yr.

Data below for ICICI Prudential Regular Gold Savings Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash2.5%
Other97.5%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Prudential Gold ETF
- | IGOLD
98%₹43 Cr1,485,260
↓ -10,000
Cblo
CBLO | -
2%₹1 Cr
Net Current Assets
Net Current Assets | -
0%₹0 Cr

7. 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 0.2% since its launch.  Return for 2017 was 2.8% , 2016 was 10.1% and 2015 was -7.3% .

Below is the key information for HDFC Gold Fund

HDFC Gold Fund
Growth
Launch Date 24 Oct 11
NAV (20 Nov 18) ₹10.1305 ↑ 0.01   (0.12 %)
Net Assets (Cr) ₹215 on 31 Oct 18
Category Gold - Gold
AMC HDFC Asset Management Company Limited
Rating
Risk Moderately High
Expense Ratio 0.5
Sharpe Ratio 0.55
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Exit Load 0-6 Months (2%),6-12 Months (1%),12 Months and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,512
31 Oct 15₹8,425
31 Oct 16₹9,530
31 Oct 17₹9,013
31 Oct 18₹9,679

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 20 Nov 18

DurationReturns
1 Month -2.7%
3 Month 4.6%
6 Month -0.3%
1 Year 3.1%
3 Year 5.4%
5 Year -1.3%
10 Year
15 Year
Since launch 0.2%
Historical performance (Yearly) on absolute basis
YearReturns
2017 2.8%
2016 10.1%
2015 -7.3%
2014 -9.8%
2013 -7.2%
2012 12%
2011
2010
2009
2008
Fund Manager information for HDFC Gold Fund
NameSinceTenure
Krishan Daga19 Oct 153.04 Yr.

Data below for HDFC Gold Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash0.91%
Other99.09%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Gold ETF
- | HDFCMFGETF
100%₹214 Cr737,000
↓ -1,000
Net Current Assets
Net Current Assets | -
0%₹1 Cr

8. Canara Robeco Gold Savings Fund

The investment objective of the Scheme is to provide returns that closely correspond to the returns provided by Canara Robeco Gold Exchange Traded Fund .

Canara Robeco Gold Savings Fund is a Gold - Gold fund was launched on 25 Jun 12. It is a fund with Moderately High risk and has given a CAGR/Annualized return of -1.1% since its launch.  Return for 2017 was 2.2% , 2016 was 10.2% and 2015 was -7.7% .

Below is the key information for Canara Robeco Gold Savings Fund

Canara Robeco Gold Savings Fund
Growth
Launch Date 25 Jun 12
NAV (20 Nov 18) ₹9.2969 ↑ 0.06   (0.60 %)
Net Assets (Cr) ₹38 on 31 Oct 18
Category Gold - Gold
AMC Canara Robeco Asset Management Co. Ltd.
Rating Not Rated
Risk Moderately High
Expense Ratio 0.78
Sharpe Ratio 0.41
Information Ratio 0
Alpha Ratio 0
Min Investment 5,000
Exit Load 0-1 Years (2%),1 Years and above(NIL)

Growth of 10,000 investment over the years.

DateValue
31 Oct 13₹10,000
31 Oct 14₹8,811
31 Oct 15₹8,758
31 Oct 16₹9,718
31 Oct 17₹9,216
31 Oct 18₹10,123

Returns for Canara Robeco 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 20 Nov 18

DurationReturns
1 Month -2.6%
3 Month 0.8%
6 Month -1.4%
1 Year 3.9%
3 Year 5.4%
5 Year 0.1%
10 Year
15 Year
Since launch -1.1%
Historical performance (Yearly) on absolute basis
YearReturns
2017 2.2%
2016 10.2%
2015 -7.7%
2014 -9%
2013 -7.7%
2012
2011
2010
2009
2008
Fund Manager information for Canara Robeco Gold Savings Fund
NameSinceTenure
Suman Prasad14 May 180.47 Yr.
Avnish Jain7 Oct 135.07 Yr.

Data below for Canara Robeco Gold Savings Fund as on 31 Oct 18

Asset Allocation
Asset ClassValue
Cash1.79%
Other98.21%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Canara Robeco Gold ETF
- | CRMFGETF
99%₹38 Cr125,825
↓ -1,442
Cblo
CBLO | -
1%₹0 Cr
Net Receivables / (Payables)
Net Current Assets | -
0%₹0 Cr

Top 4 Benefits of Gold Investments

Hedge Against Inflation

Gold acts as a hedge against inflation. Gold's value rises when inflation rises. During the inflationary time, gold is a more stable investment than cash.

Liquidity

Gold Investment offers investors the chance to trade it during emergencies or when they need cash. As it is fairly liquid in nature, it ensures that it is easy to sell. Different instruments offer differing levels of liquidity, Gold ETFs may be the most liquid of all options.

Offers Diversification

Gold investment can act as a safety net against market volatility. Gold investment or gold as an asset class has a low correlation with the equity or stock markets. So when the equity markets are down, your gold investment may outperform.

Valuable Asset

Gold has managed to maintain its value over time for many years. It is known as a stable investment with very steady returns. One does not expect to make very high returns in long periods by Investing in Gold but moderate returns can be expected. In certain short periods, superlative returns can also be made.

Who Can Invest Gold Mutual Funds?

Gold Mutual Funds are suited for investors who do not have a Demat Account and are not investors in stocks. Here, the fund collects money from you to invest in ETF units via the stock exchange. Since this investment is made through a Mutual Fund, investors can opt for systematic investments or withdrawals too. As Gold Mutual Fund’s units can be bought or sold from the fund house, investors do not face liquidity risks.

How Invest in Gold Funds Online?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

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.
How helpful was this page ?
Rated 4.9, based on 24 reviews.
POST A COMMENT