+91-22-48913909Europe-Based NRIs to Invest in Mutual Funds India
The growing economy of India has caught the eyes of NIRs to make their investment in India. One of the most popular investment option for NRIs is Mutual Funds. Due to its long-term return, mutual funds had attracted not only Indian investors, but Non-Resident Indians from across the world.
India is the fastest growing economy in the world with over 7 percent GDP growth for many years. Currently, India is the world’s fifth largest economy at $2.7 trillion GDP. World Bank and IMF have projected India GDP to grow at 7.4 percent and 7.8 percent in 2018 and 2019, respectively. Another report by the US Department of Agriculture also projects India to become the third largest economy by at $6.6 trillion by 2030.
Europe-based NRIs planning to invest in Mutual Funds can benefit from the optimal returns in the long-run. One can plan their long-term Financial goals like retirement, purchase of a house or to simply build wealth for the future by Investing in MF, more especially in Equity Funds. Moreover, investors can also earn better returns than bank savings accounts in the short-term via debt funds. So, it is important for an NRI set their tenure of investments before jumping into selecting a fund.
However, there are some of the important guidelines & rules that a Europe-based NRI needs to follow in order to begin their investment in Mutual Funds in India.
How Can NRIs in Europe Invest in Indian Mutual Funds?
To invest in Mutual Funds in India one is supposed to open any of the following accounts with an Indian bank:
NRE Account
This is Non-Resident External (NRE) account which can be in the form of savings, current, fixed or Recurring deposit. You need to deposit the foreign currency in this account. To be able to deposit Indian currency, you must open NRO account. There is no upper limit on the transaction amount in an NRE account.
NRO Account
The NRO or Non-Resident Ordinary account is in the form of savings or current account that is meant for NRIs to manage their income earned in India. In NRO account, foreign currency gets converted into Indian rupees after it gets deposited. An NRO account can be held jointly with another NRI as well as resident Indian (close relatives).
FCNR Account
This stands for Foreign Currency Non-Repatriable account deposits. In this account, NRIs can remit their earnings in one of the six currencies such as Canadian $, US$, **Euro**, AU$, Yen, and Pound. Funds can be transferred from other FCNR or NRE accounts. In FCNR, the principal and interest don’t accrue any tax.
Once you open any of these accounts, you need successfully complete your KYC (Know Your Customer), under KYC norms, which is set by SEBI (Securities Exchange Board of India). One can complete their KYC with any of the SEBI-registered intermediates.
Mutual Fund KYC Procedure for Europe NRIs
To successfully complete your KYC procedure, Europe-based NRIs need to complete certain important steps and furnish documents like:
a. KYC Form
An NRI needs to submit the KYC Form with all the necessary details filled to the SEBI registered intermediate. The documents can be sent by courier/post to the intermediate.
b. Documents
Following are the necessary documents that need to be submitted:
- Overseas address proof
- Indian resident address proof
- A recent photograph
- Passport copy
In case of NRIs in the Merchant Navy, a mariner’s declaration or certified copy of Continuous Discharge Certificate must be submitted.
c. Attestation
NRIs or PIOs (Person of India Origin) can get the above documents attested by the authorised officials of overseas branches of scheduled commercial banks registered in India, judge, court magistrate, public notaries, or the Indian embassy/consulate general in the country that they are located.
d. In Personal Verification (IPV)
As per SEBI rules, IPV is mandatory for KYC process. The intermediate should conduct the IPV of NRIs/PIOs.
Please note that all the above documents/proofs while submitting should be in the English language.
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Non-Resident Indian (NRI) Mutual Fund Taxation
Capital Gains Tax Rates on NRI Mutual Fund Investments for the Financial Year 2017-18 (Assessment Year 2018-19) are as below:
NRI taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Types of Mutual Fund Scheme | Short Term Capital Gains (STCG) | Long Term Capital Gains (LTCG) |
|---|---|---|
| Equity Funds- STCG- Units held less than or equal to a year, LTCG- Units held more than a year | 15% | Nil |
| Non-Equity Funds- STCG- Units held for 3 years or less, LTCG- Units held for more than 3 years | As per Individual’s income tax bracket | On listed funds-20% (with indexation), Unlisted funds- 10% (without indexation) |
Mutual Fund Taxation on Dividends
Dividends on Equity Funds: The dividend received in the hands of unit holder for equity funds is completely tax-free. The dividend is also tax-free to the AMC.
Dividends on Debt Funds: The AMC has to pay a dividend distribution tax (DDT) of 28.84% before distributing this dividend income to its unit-holders. The dividend income received by a debt fund unit holder is also tax-free.
Below is the TDS rate applicable on MF redemptions by NRIs for AY 2018-19.
NRI Taxation on Mutual Funds- Capital Gains Tax Rates- FY 2017/2018 (AY- 2018-19)
| Mutual Fund Redemptions by NRIs & TDS Rate | STCG & TDS Rate | LTCG & TDS Rate |
|---|---|---|
| Type of MF Scheme | ||
| Equity Oriented Funds | 15% | Nil |
| Debt Funds | 30% | On listed funds- 20% (with indexation), unlisted funds- 10% (without indexation) |
Fund Selection Methodology used to find 10 funds
Best Mutual Funds for Europe-Based NRIs
Fund 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2025 (%) Sub Cat. Franklin India Short Term Income Plan - Retail Plan Growth 192.1 192.1 192.1 47.3 32.5 Short term Bond DSP World Gold Fund Growth -15.8 7.6 69.9 43.8 21.6 167.1 Global SBI Gold Fund Growth -4.6 18.1 55.8 34.7 24 71.5 Gold ICICI Prudential Regular Gold Savings Fund Growth -4.6 17.8 55.6 34.6 23.8 72 Gold Aditya Birla Sun Life Gold Fund Growth -4.3 18.2 56 34.5 23.8 72 Gold Nippon India Gold Savings Fund Growth -4.6 17.7 55.2 34.5 23.7 71.2 Gold HDFC Gold Fund Growth -4.6 17.7 55.2 34.4 23.8 71.3 Gold IDBI Gold Fund Growth -4 17.6 54.7 34.3 23.9 79 Gold Kotak Gold Fund Growth -4.7 17.7 55.2 34.3 23.6 70.4 Gold Axis Gold Fund Growth -4.7 17.8 54.9 34.2 23.8 69.8 Gold Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 2 May 25 Research Highlights & Commentary of 10 Funds showcased
Commentary Franklin India Short Term Income Plan - Retail Plan DSP World Gold Fund SBI Gold Fund ICICI Prudential Regular Gold Savings Fund Aditya Birla Sun Life Gold Fund Nippon India Gold Savings Fund HDFC Gold Fund IDBI Gold Fund Kotak Gold Fund Axis Gold Fund Point 1 Bottom quartile AUM (₹13 Cr). Bottom quartile AUM (₹1,710 Cr). Highest AUM (₹15,691 Cr). Upper mid AUM (₹6,452 Cr). Lower mid AUM (₹1,732 Cr). Upper mid AUM (₹7,179 Cr). Top quartile AUM (₹11,464 Cr). Bottom quartile AUM (₹779 Cr). Upper mid AUM (₹6,693 Cr). Lower mid AUM (₹2,942 Cr). Point 2 Oldest track record among peers (24 yrs). Established history (18+ yrs). Established history (14+ yrs). Established history (14+ yrs). Established history (14+ yrs). Established history (15+ yrs). Established history (14+ yrs). Established history (13+ yrs). Established history (15+ yrs). Established history (14+ yrs). Point 3 Rating: 2★ (upper mid). Top rated. Rating: 2★ (upper mid). Rating: 1★ (lower mid). Rating: 3★ (top quartile). Rating: 2★ (upper mid). Rating: 1★ (lower mid). Not Rated. Rating: 1★ (bottom quartile). Rating: 1★ (bottom quartile). Point 4 Risk profile: Moderate. Risk profile: High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Risk profile: Moderately High. Point 5 1Y return: 192.10% (top quartile). 5Y return: 21.64% (bottom quartile). 5Y return: 24.02% (top quartile). 5Y return: 23.85% (upper mid). 5Y return: 23.80% (lower mid). 5Y return: 23.70% (bottom quartile). 5Y return: 23.78% (lower mid). 5Y return: 23.87% (upper mid). 5Y return: 23.55% (bottom quartile). 5Y return: 23.83% (upper mid). Point 6 1M return: 192.10% (top quartile). 3Y return: 43.84% (top quartile). 3Y return: 34.74% (upper mid). 3Y return: 34.59% (upper mid). 3Y return: 34.54% (upper mid). 3Y return: 34.51% (lower mid). 3Y return: 34.42% (lower mid). 3Y return: 34.33% (bottom quartile). 3Y return: 34.29% (bottom quartile). 3Y return: 34.21% (bottom quartile). Point 7 Sharpe: -90.89 (bottom quartile). 1Y return: 69.87% (top quartile). 1Y return: 55.78% (upper mid). 1Y return: 55.57% (upper mid). 1Y return: 56.04% (upper mid). 1Y return: 55.19% (lower mid). 1Y return: 55.17% (bottom quartile). 1Y return: 54.67% (bottom quartile). 1Y return: 55.19% (lower mid). 1Y return: 54.92% (bottom quartile). Point 8 Information ratio: -2.42 (bottom quartile). Alpha: 2.73 (top quartile). 1M return: 0.91% (top quartile). 1M return: 0.71% (lower mid). 1M return: 0.73% (upper mid). 1M return: 0.85% (upper mid). 1M return: 0.73% (upper mid). 1M return: 0.51% (bottom quartile). 1M return: 0.72% (lower mid). 1M return: 0.63% (bottom quartile). Point 9 Yield to maturity (debt): 0.00% (top quartile). Sharpe: 1.93 (top quartile). Alpha: 0.00 (top quartile). Alpha: 0.00 (upper mid). Alpha: 0.00 (upper mid). Alpha: 0.00 (upper mid). Alpha: 0.00 (lower mid). Alpha: 0.00 (lower mid). Alpha: 0.00 (bottom quartile). Alpha: 0.00 (bottom quartile). Point 10 Modified duration: 0.00 yrs (top quartile). Information ratio: -0.57 (bottom quartile). Sharpe: 1.76 (upper mid). Sharpe: 1.65 (lower mid). Sharpe: 1.58 (bottom quartile). Sharpe: 1.58 (bottom quartile). Sharpe: 1.74 (upper mid). Sharpe: 1.60 (lower mid). Sharpe: 1.94 (top quartile). Sharpe: 1.89 (upper mid). Franklin India Short Term Income Plan - Retail Plan
DSP World Gold Fund
SBI Gold Fund
ICICI Prudential Regular Gold Savings Fund
Aditya Birla Sun Life Gold Fund
Nippon India Gold Savings Fund
HDFC Gold Fund
IDBI Gold Fund
Kotak Gold Fund
Axis Gold Fund
*List of funds is based on past 3 Year Returns in decending order.
The objective of the Scheme is to provide investors stable returns by investing in fixed income securities. Below is the key information for Franklin India Short Term Income Plan - Retail Plan Returns up to 1 year are on "The primary investment objective of the Scheme is to seek capital appreciation by investing predominantly in units of MLIIF - WGF. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain portion of its corpus in money market securities and/or units of money market/liquid schemes of DSP Merrill Lynch Mutual Fund, in order to meet liquidity requirements from time to time. However, there is no assurance that the investment objective of the Scheme will be realized." Research Highlights for DSP World Gold Fund Below is the key information for DSP World 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). Research Highlights for SBI Gold Fund Below is the key information for SBI 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 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 The investment objective of the Scheme is to seek to provide returns that closely correspond to returns provided by Reliance ETF Gold BeES. Research Highlights for Nippon India Gold Savings Fund Below is the key information for Nippon India Gold Savings 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 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 Below is the key information for IDBI Gold 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. Research Highlights for Kotak Gold Fund 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. Research Highlights for Axis Gold Fund Below is the key information for Axis Gold Fund Returns up to 1 year are on 1. Franklin India Short Term Income Plan - Retail Plan
Franklin India Short Term Income Plan - Retail Plan
Growth Launch Date 31 Jan 02 NAV (02 May 25) ₹15,041.3 ↑ 0.11 (0.00 %) Net Assets (Cr) ₹13 on 31 Mar 25 Category Debt - Short term Bond AMC Franklin Templeton Asst Mgmt(IND)Pvt Ltd Rating ☆☆ Risk Moderate Expense Ratio 0 Sharpe Ratio -90.89 Information Ratio -2.42 Alpha Ratio -6.74 Min Investment 5,000 Min SIP Investment 500 Exit Load 0-1 Years (0.5%),1 Years and above(NIL) Yield to Maturity 0% Effective Maturity Modified Duration Growth of 10,000 investment over the years.
Date Value 31 May 21 ₹10,000 31 May 22 ₹11,421 31 May 23 ₹12,296 31 May 24 ₹12,569
Purchase not allowed Returns for Franklin India Short Term Income Plan - Retail Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 192.1% 3 Month 192.1% 6 Month 192.1% 1 Year 192.1% 3 Year 47.3% 5 Year 32.5% 10 Year 15 Year Since launch 12.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 Fund Manager information for Franklin India Short Term Income Plan - Retail Plan
Name Since Tenure Data below for Franklin India Short Term Income Plan - Retail Plan as on 31 Mar 25
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. DSP World Gold Fund
DSP World Gold Fund
Growth Launch Date 14 Sep 07 NAV (08 Jun 26) ₹52.4345 ↓ -0.99 (-1.85 %) Net Assets (Cr) ₹1,710 on 30 Apr 26 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.41 Sharpe Ratio 1.93 Information Ratio -0.57 Alpha Ratio 2.73 Min Investment 1,000 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 May 21 ₹10,000 31 May 22 ₹8,263 31 May 23 ₹8,534 31 May 24 ₹9,763 31 May 25 ₹14,583 31 May 26 ₹28,558 Returns for DSP World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month -14.5% 3 Month -15.8% 6 Month 7.6% 1 Year 69.9% 3 Year 43.8% 5 Year 21.6% 10 Year 15 Year Since launch 9.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 167.1% 2024 15.9% 2023 7% 2022 -7.7% 2021 -9% 2020 31.4% 2019 35.1% 2018 -10.7% 2017 -4% 2016 52.7% Fund Manager information for DSP World Gold Fund
Name Since Tenure Kaivalya Nadkarni 1 May 25 1.08 Yr. Data below for DSP World Gold Fund as on 30 Apr 26
Equity Sector Allocation
Sector Value Basic Materials 93.13% Asset Allocation
Asset Class Value Cash 4.97% Equity 93.13% Debt 0% Other 1.9% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -68% ₹1,155 Cr 1,005,044
↓ -58,761 VanEck Gold Miners ETF
- | GDX28% ₹482 Cr 573,719 Treps / Reverse Repo Investments
CBLO/Reverse Repo | -4% ₹72 Cr Net Receivables/Payables
Net Current Assets | -0% ₹0 Cr 3. SBI Gold Fund
SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (09 Jun 26) ₹44.2191 ↑ 0.44 (1.01 %) Net Assets (Cr) ₹15,691 on 30 Apr 26 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.3 Sharpe Ratio 1.76 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 May 21 ₹10,000 31 May 22 ₹10,301 31 May 23 ₹12,026 31 May 24 ₹14,335 31 May 25 ₹18,578 31 May 26 ₹30,007 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.9% 3 Month -4.6% 6 Month 18.1% 1 Year 55.8% 3 Year 34.7% 5 Year 24% 10 Year 15 Year Since launch 10.6% Historical performance (Yearly) on absolute basis
Year Returns 2025 71.5% 2024 19.6% 2023 14.1% 2022 12.6% 2021 -5.7% 2020 27.4% 2019 22.8% 2018 6.4% 2017 3.5% 2016 10% Fund Manager information for SBI Gold Fund
Name Since Tenure Viral Chhadva 1 Mar 26 0.25 Yr. Data below for SBI Gold Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.59% Other 98.41% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹15,710 Cr 1,232,736,194
↑ 33,250,000 Net Receivable / Payable
Net Current Assets | -0% -₹52 Cr Treps
CBLO/Reverse Repo | -0% ₹33 Cr 4. ICICI Prudential Regular Gold Savings Fund
ICICI Prudential Regular Gold Savings Fund
Growth Launch Date 11 Oct 11 NAV (09 Jun 26) ₹46.7245 ↑ 0.55 (1.20 %) Net Assets (Cr) ₹6,452 on 30 Apr 26 Category Gold - Gold AMC ICICI Prudential Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.38 Sharpe Ratio 1.65 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 May 21 ₹10,000 31 May 22 ₹10,330 31 May 23 ₹11,978 31 May 24 ₹14,288 31 May 25 ₹18,538 31 May 26 ₹29,834 Returns for ICICI Prudential Regular Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.7% 3 Month -4.6% 6 Month 17.8% 1 Year 55.6% 3 Year 34.6% 5 Year 23.8% 10 Year 15 Year Since launch 11.1% Historical performance (Yearly) on absolute basis
Year Returns 2025 72% 2024 19.5% 2023 13.5% 2022 12.7% 2021 -5.4% 2020 26.6% 2019 22.7% 2018 7.4% 2017 0.8% 2016 8.9% Fund Manager information for ICICI Prudential Regular Gold Savings Fund
Name Since Tenure Manish Banthia 27 Sep 12 13.68 Yr. Nishit Patel 29 Dec 20 5.42 Yr. Ashwini Bharucha 1 Nov 25 0.58 Yr. Venus Ahuja 1 Nov 25 0.58 Yr. Data below for ICICI Prudential Regular Gold Savings Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.83% Other 98.17% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Pru Gold ETF
- | -100% ₹6,449 Cr 504,008,953
↑ 12,374,495 Treps
CBLO/Reverse Repo | -0% ₹25 Cr Net Current Assets
Net Current Assets | -0% -₹23 Cr 5. Aditya Birla Sun Life Gold Fund
Aditya Birla Sun Life Gold Fund
Growth Launch Date 20 Mar 12 NAV (09 Jun 26) ₹43.8474 ↑ 0.42 (0.96 %) Net Assets (Cr) ₹1,732 on 30 Apr 26 Category Gold - Gold AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.51 Sharpe Ratio 1.58 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 May 21 ₹10,000 31 May 22 ₹10,272 31 May 23 ₹11,929 31 May 24 ₹14,191 31 May 25 ₹18,394 31 May 26 ₹29,767 Returns for Aditya Birla Sun Life Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.7% 3 Month -4.3% 6 Month 18.2% 1 Year 56% 3 Year 34.5% 5 Year 23.8% 10 Year 15 Year Since launch 11% Historical performance (Yearly) on absolute basis
Year Returns 2025 72% 2024 18.7% 2023 14.5% 2022 12.3% 2021 -5% 2020 26% 2019 21.3% 2018 6.8% 2017 1.6% 2016 11.5% Fund Manager information for Aditya Birla Sun Life Gold Fund
Name Since Tenure Priya Sridhar 31 Dec 24 1.42 Yr. Data below for Aditya Birla Sun Life Gold Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.6% Other 98.4% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Gold ETF
- | -100% ₹1,731 Cr 132,137,210
↑ 1,914,367 Clearing Corporation Of India Limited
CBLO/Reverse Repo | -0% ₹4 Cr Net Receivables / (Payables)
Net Current Assets | -0% -₹3 Cr 6. Nippon India Gold Savings Fund
Nippon India Gold Savings Fund
Growth Launch Date 7 Mar 11 NAV (09 Jun 26) ₹57.6909 ↑ 0.57 (0.99 %) Net Assets (Cr) ₹7,179 on 30 Apr 26 Category Gold - Gold AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.35 Sharpe Ratio 1.58 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 31 May 21 ₹10,000 31 May 22 ₹10,275 31 May 23 ₹11,912 31 May 24 ₹14,231 31 May 25 ₹18,391 31 May 26 ₹29,647 Returns for Nippon India Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.8% 3 Month -4.6% 6 Month 17.7% 1 Year 55.2% 3 Year 34.5% 5 Year 23.7% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 71.2% 2024 19% 2023 14.3% 2022 12.3% 2021 -5.5% 2020 26.6% 2019 22.5% 2018 6% 2017 1.7% 2016 11.6% Fund Manager information for Nippon India Gold Savings Fund
Name Since Tenure Himanshu Mange 23 Dec 23 2.44 Yr. Data below for Nippon India Gold Savings Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.62% Other 98.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon India ETF Gold BeES
- | -100% ₹7,181 Cr 581,787,572
↑ 12,095,589 Net Current Assets
Net Current Assets | -0% -₹15 Cr Triparty Repo
CBLO/Reverse Repo | -0% ₹12 Cr Cash Margin - Ccil
CBLO/Reverse Repo | -0% ₹0 Cr Cash
Net Current Assets | -0% ₹0 Cr 00 7. HDFC Gold Fund
HDFC Gold Fund
Growth Launch Date 24 Oct 11 NAV (09 Jun 26) ₹45.0302 ↑ 0.37 (0.83 %) Net Assets (Cr) ₹11,464 on 30 Apr 26 Category Gold - Gold AMC HDFC Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.49 Sharpe Ratio 1.74 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 May 21 ₹10,000 31 May 22 ₹10,301 31 May 23 ₹11,946 31 May 24 ₹14,276 31 May 25 ₹18,480 31 May 26 ₹29,715 Returns for HDFC Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.7% 3 Month -4.6% 6 Month 17.7% 1 Year 55.2% 3 Year 34.4% 5 Year 23.8% 10 Year 15 Year Since launch 10.9% Historical performance (Yearly) on absolute basis
Year Returns 2025 71.3% 2024 18.9% 2023 14.1% 2022 12.7% 2021 -5.5% 2020 27.5% 2019 21.7% 2018 6.6% 2017 2.8% 2016 10.1% Fund Manager information for HDFC Gold Fund
Name Since Tenure Arun Agarwal 15 Feb 23 3.29 Yr. Nandita Menezes 29 Mar 25 1.18 Yr. Data below for HDFC Gold Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.37% Other 98.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | -100% ₹11,475 Cr 900,090,937
↑ 18,630,000 Net Current Assets
Net Current Assets | -0% -₹29 Cr Treps - Tri-Party Repo
CBLO/Reverse Repo | -0% ₹18 Cr 8. IDBI Gold Fund
IDBI Gold Fund
Growth Launch Date 14 Aug 12 NAV (09 Jun 26) ₹39.0855 ↑ 0.24 (0.62 %) Net Assets (Cr) ₹779 on 30 Apr 26 Category Gold - Gold AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 0.64 Sharpe Ratio 1.6 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 May 21 ₹10,000 31 May 22 ₹10,328 31 May 23 ₹12,228 31 May 24 ₹14,525 31 May 25 ₹18,792 31 May 26 ₹30,189 Returns for IDBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.5% 3 Month -4% 6 Month 17.6% 1 Year 54.7% 3 Year 34.3% 5 Year 23.9% 10 Year 15 Year Since launch 10.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 79% 2024 18.7% 2023 14.8% 2022 12% 2021 -4% 2020 24.2% 2019 21.6% 2018 5.8% 2017 1.4% 2016 8.3% Fund Manager information for IDBI Gold Fund
Name Since Tenure Sumit Bhatnagar 1 Jun 24 2 Yr. Data below for IDBI Gold Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.88% Other 98.12% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC MF Gold ETF
- | -100% ₹779 Cr 58,069,200
↑ 1,415,000 Treps
CBLO/Reverse Repo | -1% ₹4 Cr Net Receivables / (Payables)
Net Current Assets | -0% -₹4 Cr 9. Kotak Gold Fund
Kotak Gold Fund
Growth Launch Date 25 Mar 11 NAV (09 Jun 26) ₹57.8759 ↑ 0.62 (1.08 %) Net Assets (Cr) ₹6,693 on 30 Apr 26 Category Gold - Gold AMC Kotak Mahindra Asset Management Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 1.94 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 31 May 21 ₹10,000 31 May 22 ₹10,319 31 May 23 ₹11,876 31 May 24 ₹14,143 31 May 25 ₹18,316 31 May 26 ₹29,482 Returns for Kotak Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.7% 3 Month -4.7% 6 Month 17.7% 1 Year 55.2% 3 Year 34.3% 5 Year 23.6% 10 Year 15 Year Since launch 12.2% Historical performance (Yearly) on absolute basis
Year Returns 2025 70.4% 2024 18.9% 2023 13.9% 2022 11.7% 2021 -4.7% 2020 26.6% 2019 24.1% 2018 7.3% 2017 2.5% 2016 10.2% Fund Manager information for Kotak Gold Fund
Name Since Tenure Abhishek Bisen 25 Mar 11 15.2 Yr. Jeetu Sonar 1 Oct 22 3.67 Yr. Data below for Kotak Gold Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.57% Other 98.43% Top Securities Holdings / Portfolio
Name Holding Value Quantity Kotak Gold ETF
- | -100% ₹6,682 Cr 535,830,125
↑ 9,383,899 Triparty Repo
CBLO/Reverse Repo | -0% ₹23 Cr Net Current Assets/(Liabilities)
Net Current Assets | -0% -₹11 Cr 10. Axis Gold Fund
Axis Gold Fund
Growth Launch Date 20 Oct 11 NAV (09 Jun 26) ₹43.8169 ↑ 0.63 (1.46 %) Net Assets (Cr) ₹2,942 on 30 Apr 26 Category Gold - Gold AMC Axis Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.5 Sharpe Ratio 1.89 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 31 May 21 ₹10,000 31 May 22 ₹10,356 31 May 23 ₹12,099 31 May 24 ₹14,375 31 May 25 ₹18,543 31 May 26 ₹29,818 Returns for Axis Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 2 May 25 Duration Returns 1 Month 0.6% 3 Month -4.7% 6 Month 17.8% 1 Year 54.9% 3 Year 34.2% 5 Year 23.8% 10 Year 15 Year Since launch 10.6% Historical performance (Yearly) on absolute basis
Year Returns 2025 69.8% 2024 19.2% 2023 14.7% 2022 12.5% 2021 -4.7% 2020 26.9% 2019 23.1% 2018 8.3% 2017 0.7% 2016 10.7% Fund Manager information for Axis Gold Fund
Name Since Tenure Aditya Pagaria 9 Nov 21 4.56 Yr. Pratik Tibrewal 1 Feb 25 1.33 Yr. Data below for Axis Gold Fund as on 30 Apr 26
Asset Allocation
Asset Class Value Cash 1.85% Other 98.15% Top Securities Holdings / Portfolio
Name Holding Value Quantity Axis Gold ETF
- | -100% ₹2,942 Cr 236,027,486
↑ 4,237,000 Net Receivables / (Payables)
Net Current Assets | -0% -₹6 Cr Clearing Corporation Of India Ltd
CBLO/Reverse Repo | -0% ₹6 Cr
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