+91-22-48913909How Can UAE-Based NRIs Invest in Mutual Funds in India?
Non-Resident Indians living in the United Arab Emirates (UAE) can invest in Mutual Funds in India on both repatriate and non-repatriate Basis. Mutual Funds are a good investment option for Non-Resident Indians (NRIs) to earn benefits and participate in the growth of the nation.
NRIs living in UAE can invest in a host of mutual fund schemes as per their investment objectives. Also, one who wants to diversify the investment Portfolio and earn optimal returns over the time, mutual funds are a great option to consider.
According to a survey titled 'The NRIs' Investment Inflows into India - A Pulse Study' stated that UAE-based NRIs are expected to increase their investment inflows into India after the upcoming general elections. With significant economic clout, the United Arab Emirate’s sizable Indian community can be seen as a natural source for inward investments into India as most make investments. One of the main reasons for investment is to plan for retirement in their home country.
The survey also says that Non-Resident Indian (NRI) investments were spread across a wide Range of asset classes. Some of them are long-term Investment plan (30%), formally constituted retirement plans (26%) and government-backed infrastructure funds (15%), etc.
However, there are some of the important guidelines & rules that an UAE-based NRI need to follow in order to begin their investment in Mutual Funds in India.
Investment in Mutual Funds for NRIs Living in UAE
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).
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.
KYC Procedure for UAE NRIs to Invest in Mutual Funds
To successfully complete your KYC procedure, UAE 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) |
Best Performing Mutual Funds for UAE NRIs
Fund 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) 2024 (%) Sub Cat. DSP World Gold Fund Growth 48.1 72.9 99.9 51.3 17 15.9 Global Franklin India Short Term Income Plan - Retail Plan Growth 192.1 192.1 192.1 47.3 32.5 Short term Bond SBI PSU Fund Growth 0.8 8.4 -2.3 33.3 32.6 23.5 Sectoral Invesco India PSU Equity Fund Growth -1 11.6 -1.6 32.7 30.2 25.6 Sectoral IDBI Gold Fund Growth 21.2 29.2 53.2 31.1 17.6 18.7 Gold SBI Gold Fund Growth 19.8 27.6 52 30.7 16.9 19.6 Gold HDFC Gold Fund Growth 19.8 27.5 52.2 30.6 16.8 18.9 Gold Nippon India Gold Savings Fund Growth 19.7 27.7 51.9 30.6 16.7 19 Gold Aditya Birla Sun Life Gold Fund Growth 20.2 28.2 52.4 30.5 16.9 18.7 Gold Invesco India Gold Fund Growth 20.3 26.9 52.1 30.4 16.7 18.8 Gold Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 1 Oct 25 Research Highlights & Commentary of 10 Funds showcased
Commentary DSP World Gold Fund Franklin India Short Term Income Plan - Retail Plan SBI PSU Fund Invesco India PSU Equity Fund IDBI Gold Fund SBI Gold Fund HDFC Gold Fund Nippon India Gold Savings Fund Aditya Birla Sun Life Gold Fund Invesco India Gold Fund Point 1 Upper mid AUM (₹1,421 Cr). Bottom quartile AUM (₹13 Cr). Top quartile AUM (₹5,179 Cr). Lower mid AUM (₹1,341 Cr). Bottom quartile AUM (₹254 Cr). Highest AUM (₹5,221 Cr). Upper mid AUM (₹4,915 Cr). Upper mid AUM (₹3,439 Cr). Lower mid AUM (₹725 Cr). Bottom quartile AUM (₹193 Cr). Point 2 Established history (18+ yrs). Oldest track record among peers (23 yrs). Established history (15+ yrs). Established history (15+ yrs). Established history (13+ yrs). Established history (14+ yrs). Established history (13+ yrs). Established history (14+ yrs). Established history (13+ yrs). Established history (13+ yrs). Point 3 Top rated. Rating: 2★ (upper mid). Rating: 2★ (lower mid). Rating: 3★ (top quartile). Not Rated. Rating: 2★ (lower mid). Rating: 1★ (bottom quartile). Rating: 2★ (bottom quartile). Rating: 3★ (upper mid). Rating: 3★ (upper mid). Point 4 Risk profile: High. Risk profile: Moderate. Risk profile: High. 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. Point 5 5Y return: 17.02% (upper mid). 1Y return: 192.10% (top quartile). 5Y return: 32.60% (top quartile). 5Y return: 30.21% (upper mid). 5Y return: 17.61% (upper mid). 5Y return: 16.93% (lower mid). 5Y return: 16.80% (bottom quartile). 5Y return: 16.66% (bottom quartile). 5Y return: 16.85% (lower mid). 5Y return: 16.74% (bottom quartile). Point 6 3Y return: 51.26% (top quartile). 1M return: 192.10% (top quartile). 3Y return: 33.26% (upper mid). 3Y return: 32.70% (upper mid). 3Y return: 31.13% (upper mid). 3Y return: 30.67% (lower mid). 3Y return: 30.63% (lower mid). 3Y return: 30.58% (bottom quartile). 3Y return: 30.53% (bottom quartile). 3Y return: 30.40% (bottom quartile). Point 7 1Y return: 99.87% (top quartile). Sharpe: -90.89 (bottom quartile). 1Y return: -2.33% (bottom quartile). 1Y return: -1.63% (bottom quartile). 1Y return: 53.22% (upper mid). 1Y return: 51.99% (lower mid). 1Y return: 52.17% (upper mid). 1Y return: 51.85% (bottom quartile). 1Y return: 52.45% (upper mid). 1Y return: 52.09% (lower mid). Point 8 Alpha: 3.15 (top quartile). Information ratio: -2.42 (bottom quartile). Alpha: -0.35 (bottom quartile). Alpha: 5.81 (top quartile). 1M return: 11.31% (upper mid). 1M return: 10.37% (bottom quartile). 1M return: 10.44% (lower mid). 1M return: 10.42% (lower mid). 1M return: 10.54% (upper mid). 1M return: 12.35% (upper mid). Point 9 Sharpe: 1.80 (lower mid). Yield to maturity (debt): 0.00% (top quartile). Sharpe: -0.81 (bottom quartile). Sharpe: -0.58 (bottom 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). Point 10 Information ratio: -1.09 (bottom quartile). Modified duration: 0.00 yrs (top quartile). Information ratio: -0.37 (lower mid). Information ratio: -0.46 (bottom quartile). Sharpe: 2.38 (lower mid). Sharpe: 2.58 (top quartile). Sharpe: 2.55 (upper mid). Sharpe: 2.52 (upper mid). Sharpe: 2.66 (top quartile). Sharpe: 2.51 (upper mid). DSP World Gold Fund
Franklin India Short Term Income Plan - Retail Plan
SBI PSU Fund
Invesco India PSU Equity Fund
IDBI Gold Fund
SBI Gold Fund
HDFC Gold Fund
Nippon India Gold Savings Fund
Aditya Birla Sun Life Gold Fund
Invesco India Gold Fund
*List of funds is based on past 3 Year Returns in decending order.
"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." Below is the key information for DSP World Gold Fund Returns up to 1 year are on The objective of the Scheme is to provide investors stable returns by investing in fixed income securities. Research Highlights for Franklin India Short Term Income Plan - Retail Plan Below is the key information for Franklin India Short Term Income Plan - Retail Plan Returns up to 1 year are on The objective of the scheme would be to provide investors with opportunities for long-term growth in capital along with the liquidity of an open-ended scheme through an active management of investments in a diversified basket of equity stocks of domestic Public Sector Undertakings and in debt and money market instruments issued by PSUs AND others. Research Highlights for SBI PSU Fund Below is the key information for SBI PSU Fund Returns up to 1 year are on To generate capital appreciation by investing in Equity and Equity Related Instruments of companies where the Central / State Government(s) has majority shareholding or management control or has powers to appoint majority of directors. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns. Research Highlights for Invesco India PSU Equity Fund Below is the key information for Invesco India PSU Equity 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 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 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 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 To provide returns that closely corresponds to returns provided by Invesco India Gold Exchange Traded Fund. Research Highlights for Invesco India Gold Fund Below is the key information for Invesco India Gold Fund Returns up to 1 year are on 1. DSP World Gold Fund
DSP World Gold Fund
Growth Launch Date 14 Sep 07 NAV (01 Oct 25) ₹45.2482 ↑ 0.55 (1.23 %) Net Assets (Cr) ₹1,421 on 31 Aug 25 Category Equity - Global AMC DSP BlackRock Invmt Managers Pvt. Ltd. Rating ☆☆☆ Risk High Expense Ratio 1.41 Sharpe Ratio 1.8 Information Ratio -1.09 Alpha Ratio 3.15 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 30 Sep 20 ₹10,000 30 Sep 21 ₹7,753 30 Sep 22 ₹6,406 30 Sep 23 ₹7,497 30 Sep 24 ₹10,968 30 Sep 25 ₹21,899 Returns for DSP World Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 24.5% 3 Month 48.1% 6 Month 72.9% 1 Year 99.9% 3 Year 51.3% 5 Year 17% 10 Year 15 Year Since launch 8.7% Historical performance (Yearly) on absolute basis
Year Returns 2024 15.9% 2023 7% 2022 -7.7% 2021 -9% 2020 31.4% 2019 35.1% 2018 -10.7% 2017 -4% 2016 52.7% 2015 -18.5% Fund Manager information for DSP World Gold Fund
Name Since Tenure Jay Kothari 1 Mar 13 12.51 Yr. Data below for DSP World Gold Fund as on 31 Aug 25
Equity Sector Allocation
Sector Value Basic Materials 95.55% Asset Allocation
Asset Class Value Cash 1.55% Equity 95.62% Debt 0.01% Other 2.83% Top Securities Holdings / Portfolio
Name Holding Value Quantity BGF World Gold I2
Investment Fund | -77% ₹1,088 Cr 1,545,650
↓ -32,885 VanEck Gold Miners ETF
- | GDX22% ₹318 Cr 573,719 Treps / Reverse Repo Investments
CBLO/Reverse Repo | -1% ₹18 Cr Net Receivables/Payables
Net Current Assets | -0% -₹3 Cr 2. 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 30 Sep 20 ₹10,000 30 Sep 21 ₹12,081 30 Sep 22 ₹13,040 30 Sep 23 ₹14,242 30 Sep 24 ₹14,242
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 1 Oct 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 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 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 3. SBI PSU Fund
SBI PSU Fund
Growth Launch Date 7 Jul 10 NAV (03 Oct 25) ₹32.651 ↑ 0.38 (1.18 %) Net Assets (Cr) ₹5,179 on 31 Aug 25 Category Equity - Sectoral AMC SBI Funds Management Private Limited Rating ☆☆ Risk High Expense Ratio 1.89 Sharpe Ratio -0.81 Information Ratio -0.37 Alpha Ratio -0.35 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 20 ₹10,000 30 Sep 21 ₹16,196 30 Sep 22 ₹17,561 30 Sep 23 ₹25,841 30 Sep 24 ₹42,766 30 Sep 25 ₹40,703 Returns for SBI PSU Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 5% 3 Month 0.8% 6 Month 8.4% 1 Year -2.3% 3 Year 33.3% 5 Year 32.6% 10 Year 15 Year Since launch 8.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 23.5% 2023 54% 2022 29% 2021 32.4% 2020 -10% 2019 6% 2018 -23.8% 2017 21.9% 2016 16.2% 2015 -11.1% Fund Manager information for SBI PSU Fund
Name Since Tenure Rohit Shimpi 1 Jun 24 1.25 Yr. Data below for SBI PSU Fund as on 31 Aug 25
Equity Sector Allocation
Sector Value Financial Services 36.11% Utility 29.04% Energy 13.5% Industrials 12.09% Basic Materials 5.5% Asset Allocation
Asset Class Value Cash 3.77% Equity 96.23% Top Securities Holdings / Portfolio
Name Holding Value Quantity State Bank of India (Financial Services)
Equity, Since 31 Jul 10 | SBIN15% ₹797 Cr 9,927,500
↑ 700,000 Bharat Electronics Ltd (Industrials)
Equity, Since 30 Jun 24 | BEL9% ₹479 Cr 12,975,000 NTPC Ltd (Utilities)
Equity, Since 31 Jul 10 | NTPC9% ₹476 Cr 14,543,244 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 31 Jul 10 | POWERGRID9% ₹455 Cr 16,535,554 GAIL (India) Ltd (Utilities)
Equity, Since 31 May 24 | GAIL9% ₹446 Cr 25,750,000 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 31 Aug 24 | BPCL6% ₹299 Cr 9,700,000 Bank of Baroda (Financial Services)
Equity, Since 31 Aug 24 | BANKBARODA5% ₹256 Cr 11,000,000 NMDC Ltd (Basic Materials)
Equity, Since 31 Oct 23 | NMDC4% ₹192 Cr 27,900,000 Indian Bank (Financial Services)
Equity, Since 30 Jun 21 | INDIANB3% ₹159 Cr 2,427,235
↑ 900,000 General Insurance Corp of India (Financial Services)
Equity, Since 31 May 24 | GICRE3% ₹151 Cr 4,150,000 4. Invesco India PSU Equity Fund
Invesco India PSU Equity Fund
Growth Launch Date 18 Nov 09 NAV (03 Oct 25) ₹64.64 ↑ 0.72 (1.13 %) Net Assets (Cr) ₹1,341 on 31 Aug 25 Category Equity - Sectoral AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk High Expense Ratio 2.14 Sharpe Ratio -0.58 Information Ratio -0.46 Alpha Ratio 5.81 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 20 ₹10,000 30 Sep 21 ₹15,713 30 Sep 22 ₹16,205 30 Sep 23 ₹22,862 30 Sep 24 ₹38,870 30 Sep 25 ₹36,848 Returns for Invesco India PSU Equity Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 5% 3 Month -1% 6 Month 11.6% 1 Year -1.6% 3 Year 32.7% 5 Year 30.2% 10 Year 15 Year Since launch 12.5% Historical performance (Yearly) on absolute basis
Year Returns 2024 25.6% 2023 54.5% 2022 20.5% 2021 31.1% 2020 6.1% 2019 10.1% 2018 -16.9% 2017 24.3% 2016 17.9% 2015 2.5% Fund Manager information for Invesco India PSU Equity Fund
Name Since Tenure Hiten Jain 1 Jul 25 0.17 Yr. Sagar Gandhi 1 Jul 25 0.17 Yr. Data below for Invesco India PSU Equity Fund as on 31 Aug 25
Equity Sector Allocation
Sector Value Utility 30.07% Industrials 27.52% Financial Services 22.26% Energy 13.52% Basic Materials 4.07% Asset Allocation
Asset Class Value Cash 2.56% Equity 97.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Electronics Ltd (Industrials)
Equity, Since 31 Mar 17 | BEL9% ₹117 Cr 3,178,489 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN9% ₹114 Cr 1,426,314 NTPC Ltd (Utilities)
Equity, Since 31 May 19 | NTPC8% ₹101 Cr 3,085,790 Bharat Petroleum Corp Ltd (Energy)
Equity, Since 30 Sep 18 | BPCL7% ₹100 Cr 3,229,041
↓ -216,920 Power Grid Corp Of India Ltd (Utilities)
Equity, Since 28 Feb 22 | POWERGRID7% ₹99 Cr 3,599,413 Hindustan Aeronautics Ltd Ordinary Shares (Industrials)
Equity, Since 31 May 22 | HAL7% ₹98 Cr 226,465 NTPC Green Energy Ltd (Utilities)
Equity, Since 30 Nov 24 | NTPCGREEN7% ₹91 Cr 8,790,786
↑ 2,879,063 NHPC Ltd (Utilities)
Equity, Since 31 Oct 22 | NHPC4% ₹59 Cr 7,649,437 GAIL (India) Ltd (Utilities)
Equity, Since 28 Feb 23 | GAIL4% ₹53 Cr 3,089,630 REC Ltd (Financial Services)
Equity, Since 31 Aug 23 | RECLTD4% ₹52 Cr 1,485,615 5. IDBI Gold Fund
IDBI Gold Fund
Growth Launch Date 14 Aug 12 NAV (03 Oct 25) ₹30.8532 ↓ -0.49 (-1.57 %) Net Assets (Cr) ₹254 on 31 Aug 25 Category Gold - Gold AMC IDBI Asset Management Limited Rating Risk Moderately High Expense Ratio 0.64 Sharpe Ratio 2.38 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 30 Sep 20 ₹10,000 30 Sep 21 ₹9,217 30 Sep 22 ₹10,058 30 Sep 23 ₹11,430 30 Sep 24 ₹14,833 30 Sep 25 ₹22,097 Returns for IDBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 11.3% 3 Month 21.2% 6 Month 29.2% 1 Year 53.2% 3 Year 31.1% 5 Year 17.6% 10 Year 15 Year Since launch 9% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 -8.7% Fund Manager information for IDBI Gold Fund
Name Since Tenure Sumit Bhatnagar 1 Jun 24 1.25 Yr. Data below for IDBI Gold Fund as on 31 Aug 25
Asset Allocation
Asset Class Value Cash 2.08% Other 97.92% Top Securities Holdings / Portfolio
Name Holding Value Quantity LIC MF Gold ETF
- | -99% ₹251 Cr 270,044
↑ 31,450 Treps
CBLO/Reverse Repo | -2% ₹4 Cr Net Receivables / (Payables)
CBLO | -0% -₹1 Cr 6. SBI Gold Fund
SBI Gold Fund
Growth Launch Date 12 Sep 11 NAV (03 Oct 25) ₹34.2266 ↓ -0.24 (-0.69 %) Net Assets (Cr) ₹5,221 on 31 Aug 25 Category Gold - Gold AMC SBI Funds Management Private Limited Rating ☆☆ Risk Moderately High Expense Ratio 0.3 Sharpe Ratio 2.58 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 20 ₹10,000 30 Sep 21 ₹9,030 30 Sep 22 ₹9,763 30 Sep 23 ₹11,132 30 Sep 24 ₹14,369 30 Sep 25 ₹21,663 Returns for SBI Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 10.4% 3 Month 19.8% 6 Month 27.6% 1 Year 52% 3 Year 30.7% 5 Year 16.9% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 -8.1% Fund Manager information for SBI Gold Fund
Name Since Tenure Raviprakash Sharma 12 Sep 11 13.98 Yr. Data below for SBI Gold Fund as on 31 Aug 25
Asset Allocation
Asset Class Value Cash 1.46% Other 98.54% Top Securities Holdings / Portfolio
Name Holding Value Quantity SBI Gold ETF
- | -100% ₹5,221 Cr 593,717,240
↑ 32,905,406 Treps
CBLO/Reverse Repo | -0% ₹23 Cr Net Receivable / Payable
CBLO | -0% -₹22 Cr 7. HDFC Gold Fund
HDFC Gold Fund
Growth Launch Date 24 Oct 11 NAV (03 Oct 25) ₹34.9916 ↓ -0.22 (-0.62 %) Net Assets (Cr) ₹4,915 on 31 Aug 25 Category Gold - Gold AMC HDFC Asset Management Company Limited Rating ☆ Risk Moderately High Expense Ratio 0.49 Sharpe Ratio 2.55 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 20 ₹10,000 30 Sep 21 ₹8,979 30 Sep 22 ₹9,716 30 Sep 23 ₹11,065 30 Sep 24 ₹14,244 30 Sep 25 ₹21,453 Returns for HDFC Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 10.4% 3 Month 19.8% 6 Month 27.5% 1 Year 52.2% 3 Year 30.6% 5 Year 16.8% 10 Year 15 Year Since launch 9.4% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 -7.3% Fund Manager information for HDFC Gold Fund
Name Since Tenure Arun Agarwal 15 Feb 23 2.54 Yr. Nandita Menezes 29 Mar 25 0.43 Yr. Data below for HDFC Gold Fund as on 31 Aug 25
Asset Allocation
Asset Class Value Cash 1.62% Other 98.38% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Gold ETF
- | -100% ₹4,914 Cr 558,222,024
↑ 22,311,579 Treps - Tri-Party Repo
CBLO/Reverse Repo | -0% ₹14 Cr Net Current Assets
Net Current Assets | -0% -₹14 Cr 8. Nippon India Gold Savings Fund
Nippon India Gold Savings Fund
Growth Launch Date 7 Mar 11 NAV (03 Oct 25) ₹44.7832 ↓ -0.26 (-0.57 %) Net Assets (Cr) ₹3,439 on 31 Aug 25 Category Gold - Gold AMC Nippon Life Asset Management Ltd. Rating ☆☆ Risk Moderately High Expense Ratio 0.35 Sharpe Ratio 2.52 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 Sep 20 ₹10,000 30 Sep 21 ₹8,958 30 Sep 22 ₹9,692 30 Sep 23 ₹11,032 30 Sep 24 ₹14,174 30 Sep 25 ₹21,300 Returns for Nippon India Gold Savings Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 10.4% 3 Month 19.7% 6 Month 27.7% 1 Year 51.9% 3 Year 30.6% 5 Year 16.7% 10 Year 15 Year Since launch 10.8% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 -8.1% Fund Manager information for Nippon India Gold Savings Fund
Name Since Tenure Himanshu Mange 23 Dec 23 1.69 Yr. Data below for Nippon India Gold Savings Fund as on 31 Aug 25
Asset Allocation
Asset Class Value Cash 1.37% Other 98.63% Top Securities Holdings / Portfolio
Name Holding Value Quantity Nippon India ETF Gold BeES
- | -100% ₹3,438 Cr 402,870,511
↑ 7,653,772 Triparty Repo
CBLO/Reverse Repo | -0% ₹8 Cr Net Current Assets
Net Current Assets | -0% -₹7 Cr Cash Margin - Ccil
CBLO | -0% ₹0 Cr Cash
Net Current Assets | -0% ₹0 Cr 00 9. Aditya Birla Sun Life Gold Fund
Aditya Birla Sun Life Gold Fund
Growth Launch Date 20 Mar 12 NAV (03 Oct 25) ₹34.1246 ↓ -0.39 (-1.14 %) Net Assets (Cr) ₹725 on 31 Aug 25 Category Gold - Gold AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.51 Sharpe Ratio 2.66 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 30 Sep 20 ₹10,000 30 Sep 21 ₹8,974 30 Sep 22 ₹9,669 30 Sep 23 ₹11,048 30 Sep 24 ₹14,179 30 Sep 25 ₹21,356 Returns for Aditya Birla Sun Life Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 10.5% 3 Month 20.2% 6 Month 28.2% 1 Year 52.4% 3 Year 30.5% 5 Year 16.9% 10 Year 15 Year Since launch 9.5% Historical performance (Yearly) on absolute basis
Year Returns 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% 2015 -7.2% Fund Manager information for Aditya Birla Sun Life Gold Fund
Name Since Tenure Priya Sridhar 31 Dec 24 0.67 Yr. Data below for Aditya Birla Sun Life Gold Fund as on 31 Aug 25
Asset Allocation
Asset Class Value Cash 1.51% Other 98.49% Top Securities Holdings / Portfolio
Name Holding Value Quantity Aditya BSL Gold ETF
- | -100% ₹724 Cr 79,896,220
↑ 3,972,596 Clearing Corporation Of India Limited
CBLO/Reverse Repo | -0% ₹2 Cr Net Receivables / (Payables)
Net Current Assets | -0% -₹1 Cr 10. Invesco India Gold Fund
Invesco India Gold Fund
Growth Launch Date 5 Dec 11 NAV (01 Oct 25) ₹33.1717 ↑ 0.78 (2.42 %) Net Assets (Cr) ₹193 on 31 Aug 25 Category Gold - Gold AMC Invesco Asset Management (India) Private Ltd Rating ☆☆☆ Risk Moderately High Expense Ratio 0.37 Sharpe Ratio 2.51 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 20 ₹10,000 30 Sep 21 ₹8,950 30 Sep 22 ₹9,781 30 Sep 23 ₹11,096 30 Sep 24 ₹14,294 30 Sep 25 ₹21,178 Returns for Invesco India Gold Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 1 Oct 25 Duration Returns 1 Month 12.4% 3 Month 20.3% 6 Month 26.9% 1 Year 52.1% 3 Year 30.4% 5 Year 16.7% 10 Year 15 Year Since launch 9.1% Historical performance (Yearly) on absolute basis
Year Returns 2024 18.8% 2023 14.5% 2022 12.8% 2021 -5.5% 2020 27.2% 2019 21.4% 2018 6.6% 2017 1.3% 2016 21.6% 2015 -15.1% Fund Manager information for Invesco India Gold Fund
Name Since Tenure Krishna Cheemalapati 1 Mar 25 0.5 Yr. Data below for Invesco India Gold Fund as on 31 Aug 25
Asset Allocation
Asset Class Value Cash 5.97% Other 94.03% Top Securities Holdings / Portfolio
Name Holding Value Quantity Invesco India Gold ETF
- | -96% ₹185 Cr 207,678
↑ 7,236 Triparty Repo
CBLO/Reverse Repo | -4% ₹8 Cr Net Receivables / (Payables)
CBLO | -0% ₹0 Cr
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