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8 Best Gold Mutual Funds 2019
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 2019.
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Why Gold Funds are Getting Popular?
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
Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2018 (%) Aditya Birla Sun Life Gold Fund Growth ₹11.9474
↓ -0.08 ₹74 -0.1 14.6 18.9 8.4 5.7 6.8 SBI Gold Fund Growth ₹11.82
↓ -0.01 ₹388 0.2 15.4 18.8 9.3 5.6 6.4 Reliance Gold Savings Fund Growth ₹15.6441
↓ -0.03 ₹750 0.2 15.1 18.4 8.5 5.3 6 Kotak Gold Fund Growth ₹15.8882
↓ -0.07 ₹198 1 17.4 20.9 9.8 5.9 7.3 Axis Gold Fund Growth ₹11.7863
↑ 0.02 ₹57 0.3 14.7 19.5 8.8 4.7 8.3 HDFC Gold Fund Growth ₹12.1173
↓ -0.03 ₹273 -0.2 14.6 18.4 8.8 5.4 6.6 ICICI Prudential Regular Gold Savings Fund Growth ₹12.5933
↓ -0.05 ₹83 -0.1 14 17.9 8.8 5.6 7.4 Canara Robeco Gold Savings Fund Growth ₹11.2851
↑ 0.00 ₹39 2.2 17.4 18.5 6.6 6.7 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 13 Dec 19 Gold Funds having AUM/Net Assets > 25 Crore
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 Below is the key information for Aditya Birla Sun Life Gold 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). 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 Below is the key information for SBI 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. 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 Below is the key information for Reliance Gold Savings Fund Returns up to 1 year are on 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 Below is the key information for Kotak Gold Fund Returns up to 1 year are on 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 Below is the key information for Axis Gold Fund Returns up to 1 year are on 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 Below is the key information for HDFC 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. 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 Below is the key information for ICICI Prudential Regular Gold Savings Fund Returns up to 1 year are on 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 Below is the key information for Canara Robeco Gold Savings Fund Returns up to 1 year are on 1. Aditya Birla Sun Life Gold Fund
CAGR/Annualized return of 2.3% since its launch. Return for 2018 was 6.8% , 2017 was 1.6% and 2016 was 11.5% . Aditya Birla Sun Life Gold Fund
Growth Launch Date 20 Mar 12 NAV (13 Dec 19) ₹11.9474 ↓ -0.08 (-0.69 %) Net Assets (Cr) ₹74 on 31 Oct 19 Category Gold - Gold AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 1.18 Information Ratio 0 Alpha Ratio 0 Min Investment 1,000 Min SIP Investment 1,000 Exit Load 0-365 Days (1%),365 Days and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹9,020 30 Nov 16 ₹10,866 30 Nov 17 ₹10,850 30 Nov 18 ₹11,139 30 Nov 19 ₹13,663 Returns for Aditya Birla Sun Life Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month -1.6% 3 Month -0.1% 6 Month 14.6% 1 Year 18.9% 3 Year 8.4% 5 Year 5.7% 10 Year 15 Year Since launch 2.3% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.8% 2017 1.6% 2016 11.5% 2015 -7.2% 2014 -9.4% 2013 -6.9% 2012 2011 2010 2009 Fund Manager information for Aditya Birla Sun Life Gold Fund
Name Since Tenure Lovelish Solanki 30 Jun 18 0.59 Yr. Data below for Aditya Birla Sun Life Gold Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 2.72% Other 97.28% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Gold ETF
- | 53340897% ₹72 Cr 203,000 Clearing Corporation Of India Limited
CBLO | -3% ₹2 Cr Net Receivables / (Payables)
Net Current Assets | -0% ₹0 Cr 2. SBI Gold Fund
CAGR/Annualized return of 2% since its launch. Return for 2018 was 6.4% , 2017 was 3.5% and 2016 was 10% . SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (13 Dec 19) ₹11.82 ↓ -0.01 (-0.11 %) Net Assets (Cr) ₹388 on 31 Oct 19 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.43 Sharpe Ratio 1.08 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 Nov 14 ₹10,000 30 Nov 15 ₹9,368 30 Nov 16 ₹10,596 30 Nov 17 ₹10,646 30 Nov 18 ₹10,822 30 Nov 19 ₹13,488 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month -1.8% 3 Month 0.2% 6 Month 15.4% 1 Year 18.8% 3 Year 9.3% 5 Year 5.6% 10 Year 15 Year Since launch 2% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.4% 2017 3.5% 2016 10% 2015 -8.1% 2014 -10.2% 2013 -6.6% 2012 10.9% 2011 2010 2009 Fund Manager information for SBI Gold Fund
Name Since Tenure Raviprakash Sharma 12 Sep 11 7.64 Yr. Data below for SBI Gold Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 0.74% Debt 0.04% Other 99.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI ETF Gold
- | SETFGOLD100% ₹387 Cr 1,117,222
↑ 8,690 Treps
CBLO/Reverse Repo | -1% ₹3 Cr Net Receivable / Payable
Receivables | -0% -₹2 Cr 3. Reliance Gold Savings Fund
CAGR/Annualized return of 5.2% since its launch. Return for 2018 was 6% , 2017 was 1.7% and 2016 was 11.6% . Reliance Gold Savings Fund
Growth Launch Date 7 Mar 11 NAV (13 Dec 19) ₹15.6441 ↓ -0.03 (-0.20 %) Net Assets (Cr) ₹750 on 31 Oct 19 Category Gold - Gold AMC Reliance Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.63 Sharpe Ratio 1.03 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 30 Nov 14 ₹10,000 30 Nov 15 ₹9,371 30 Nov 16 ₹10,763 30 Nov 17 ₹10,628 30 Nov 18 ₹10,834 30 Nov 19 ₹13,359 Returns for Reliance Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month -1.8% 3 Month 0.2% 6 Month 15.1% 1 Year 18.4% 3 Year 8.5% 5 Year 5.3% 10 Year 15 Year Since launch 5.2% Historical performance (Yearly) on absolute basis
Year Returns 2018 6% 2017 1.7% 2016 11.6% 2015 -8.1% 2014 -9.8% 2013 -7.6% 2012 11.2% 2011 2010 2009 Fund Manager information for Reliance Gold Savings Fund
Name Since Tenure Mehul Dama 6 Nov 18 0.9 Yr. Data below for Reliance Gold Savings Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 0.52% Other 99.48% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon India ETF Gold BeES
- | GOLDBEES100% ₹748 Cr 2,196,058
↓ -3,550 Triparty Repo
CBLO/Reverse Repo | -0% ₹4 Cr Net Current Assets
Net Current Assets | -0% -₹2 Cr 4. Kotak Gold Fund
CAGR/Annualized return of 5.5% since its launch. Return for 2018 was 7.3% , 2017 was 2.5% and 2016 was 10.2% . Kotak Gold Fund
Growth Launch Date 25 Mar 11 NAV (13 Dec 19) ₹15.8882 ↓ -0.07 (-0.46 %) Net Assets (Cr) ₹198 on 31 Oct 19 Category Gold - Gold AMC Kotak Mahindra Asset Management Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.6 Sharpe Ratio 1.01 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 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 Nov 14 ₹10,000 30 Nov 15 ₹9,420 30 Nov 16 ₹10,601 30 Nov 17 ₹10,530 30 Nov 18 ₹10,894 30 Nov 19 ₹13,528 Returns for Kotak Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month 0.3% 3 Month 1% 6 Month 17.4% 1 Year 20.9% 3 Year 9.8% 5 Year 5.9% 10 Year 15 Year Since launch 5.5% Historical performance (Yearly) on absolute basis
Year Returns 2018 7.3% 2017 2.5% 2016 10.2% 2015 -8.4% 2014 -10% 2013 -7.7% 2012 10.9% 2011 2010 2009 Fund Manager information for Kotak Gold Fund
Name Since Tenure Abhishek Bisen 25 Mar 11 8.19 Yr. Data below for Kotak Gold Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 4.32% Other 95.68% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kotak Gold ETF
- | KOTAKGOLDE98% ₹190 Cr 5,687,375
↑ 122,885 Triparty Repo
CBLO/Reverse Repo | -2% ₹3 Cr Net Current Assets/(Liabilities)
Net Current Assets | -0% ₹1 Cr 5. Axis Gold Fund
CAGR/Annualized return of 2% since its launch. Return for 2018 was 8.3% , 2017 was 0.7% and 2016 was 10.7% . Axis Gold Fund
Growth Launch Date 20 Oct 11 NAV (13 Dec 19) ₹11.7863 ↑ 0.02 (0.13 %) Net Assets (Cr) ₹57 on 31 Oct 19 Category Gold - Gold AMC Axis Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.72 Sharpe Ratio 0.91 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 Nov 14 ₹10,000 30 Nov 15 ₹9,142 30 Nov 16 ₹10,515 30 Nov 17 ₹10,083 30 Nov 18 ₹10,466 30 Nov 19 ₹12,905 Returns for Axis Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month -1% 3 Month 0.3% 6 Month 14.7% 1 Year 19.5% 3 Year 8.8% 5 Year 4.7% 10 Year 15 Year Since launch 2% Historical performance (Yearly) on absolute basis
Year Returns 2018 8.3% 2017 0.7% 2016 10.7% 2015 -11.9% 2014 -11.4% 2013 -7.5% 2012 10.9% 2011 2010 2009 Fund Manager information for Axis Gold Fund
Name Since Tenure Devang Shah 7 Jun 16 2.65 Yr. Data below for Axis Gold Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 3.58% Other 96.42% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Gold ETF
- | AXISGOLDEQ97% ₹56 Cr 164,000 Clearing Corporation Of India Ltd
CBLO | -3% ₹2 Cr Net Receivables / (Payables)
Net Current Assets | -0% ₹0 Cr 6. HDFC Gold Fund
CAGR/Annualized return of 2.4% since its launch. Return for 2018 was 6.6% , 2017 was 2.8% and 2016 was 10.1% . HDFC Gold Fund
Growth Launch Date 24 Oct 11 NAV (13 Dec 19) ₹12.1173 ↓ -0.03 (-0.27 %) Net Assets (Cr) ₹273 on 31 Oct 19 Category Gold - Gold AMC HDFC Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 1.03 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 Nov 14 ₹10,000 30 Nov 15 ₹9,399 30 Nov 16 ₹10,668 30 Nov 17 ₹10,660 30 Nov 18 ₹10,933 30 Nov 19 ₹13,394 Returns for HDFC Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month -1.5% 3 Month -0.2% 6 Month 14.6% 1 Year 18.4% 3 Year 8.8% 5 Year 5.4% 10 Year 15 Year Since launch 2.4% Historical performance (Yearly) on absolute basis
Year Returns 2018 6.6% 2017 2.8% 2016 10.1% 2015 -7.3% 2014 -9.8% 2013 -7.2% 2012 12% 2011 2010 2009 Fund Manager information for HDFC Gold Fund
Name Since Tenure Krishan Daga 19 Oct 15 3.87 Yr. Data below for HDFC Gold Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 1.13% Other 98.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | HDFCMFGETF100% ₹272 Cr 780,000
↑ 13,500 Treps - Tri-Party Repo
CBLO/Reverse Repo | -0% ₹1 Cr Net Current Assets
Net Current Assets | -0% ₹0 Cr 7. ICICI Prudential Regular Gold Savings Fund
CAGR/Annualized return of 2.9% since its launch. Return for 2018 was 7.4% , 2017 was 0.8% and 2016 was 8.9% . ICICI Prudential Regular Gold Savings Fund
Growth Launch Date 11 Oct 11 NAV (13 Dec 19) ₹12.5933 ↓ -0.05 (-0.43 %) Net Assets (Cr) ₹83 on 31 Oct 19 Category Gold - Gold AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 1.07 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 Nov 14 ₹10,000 30 Nov 15 ₹9,483 30 Nov 16 ₹10,772 30 Nov 17 ₹10,749 30 Nov 18 ₹10,992 30 Nov 19 ₹13,541 Returns for ICICI Prudential Regular Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month -1.7% 3 Month -0.1% 6 Month 14% 1 Year 17.9% 3 Year 8.8% 5 Year 5.6% 10 Year 15 Year Since launch 2.9% Historical performance (Yearly) on absolute basis
Year Returns 2018 7.4% 2017 0.8% 2016 8.9% 2015 -5.1% 2014 -9.2% 2013 -6.7% 2012 11.2% 2011 2010 2009 Fund Manager information for ICICI Prudential Regular Gold Savings Fund
Name Since Tenure Manish Banthia 27 Sep 12 7.1 Yr. Data below for ICICI Prudential Regular Gold Savings Fund as on 31 Oct 19
Asset Allocation
Asset Class Value Cash 2.58% Other 97.42% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Prudential Gold ETF
- | ICICIGOLD98% ₹81 Cr 23,222,600
↑ 1,100,000 Treps
CBLO/Reverse Repo | -4% ₹3 Cr Net Current Assets
Net Current Assets | -2% -₹2 Cr 8. Canara Robeco Gold Savings Fund
CAGR/Annualized return of 1.7% since its launch. . Canara Robeco Gold Savings Fund
Growth Launch Date 25 Jun 12 NAV (08 Nov 19) ₹11.2851 ↑ 0.00 (0.03 %) Net Assets (Cr) ₹39 on 30 Sep 19 Category Gold - Gold AMC Canara Robeco Asset Management Co. Ltd. Rating Risk Moderately High Expense Ratio 0.78 Sharpe Ratio 1.44 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (2%),1 Years and above(NIL) Growth of 10,000 investment over the years.
Date Value 30 Nov 14 ₹10,000 30 Nov 15 ₹9,343 30 Nov 16 ₹10,648 30 Nov 17 ₹10,605 30 Nov 18 ₹11,009 Returns for Canara Robeco Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 13 Dec 19 Duration Returns 1 Month 0.1% 3 Month 2.2% 6 Month 17.4% 1 Year 18.5% 3 Year 6.6% 5 Year 6.7% 10 Year 15 Year Since launch 1.7% Historical performance (Yearly) on absolute basis
Year Returns 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 Fund Manager information for Canara Robeco Gold Savings Fund
Name Since Tenure Data below for Canara Robeco Gold Savings Fund as on 30 Sep 19
Asset Allocation
Asset Class Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
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?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
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Which gold investment fund will be good for me pls suggest for 1- 1.3 years