Best Gold Mutual Funds
Gold funds and gold ETFs give exposure to bullion prices without storage or purity concerns. Gold is usually held as a diversifier — it often moves independently of equity — rather than as a primary growth asset.
We currently track 48 direct-plan Gold schemes from 27 fund houses with a median 5-year CAGR of 24.4%. Every figure below is calculated from official daily NAV history and refreshed each day. Use the column headers to re-rank the table by any period — the best 1-year performer is often not the best over 5 or 10 years, which is exactly why we default to the longer horizon.
Showing 48 of 48 schemes · sorted by Y5 low to high · page 1 of 1
- Invesco India Gold ETF Fund of Fund - Direct Plan - GrowthInvesco · Other₹42.70#11Y+18.56%3Y+34.30%5Y+23.98%10Y+15.86%
- Nippon India Gold Savings Fund - Direct Plan - Growth OptionNippon India · Other₹58.42#21Y+17.97%3Y+34.71%5Y+24.14%10Y+15.72%
- Kotak Gold Fund - Direct Plan - GrowthKotak Mahindra · Other₹59.25#31Y+18.31%3Y+34.76%5Y+24.16%10Y+15.92%
- Axis Gold Fund - Direct Plan - Growth optionAxis · Other₹46.15#41Y+17.57%3Y+34.48%5Y+24.24%10Y+15.79%
- Nippon India ETF Gold BeES - Direct PlanNippon India · Other₹121.42#51Y+18.45%3Y+34.95%5Y+24.26%10Y+15.75%
- HDFC Gold ETF Fund of Fund - Direct Plan - Growth OptionHDFC · Other₹45.76#61Y+18.16%3Y+34.79%5Y+24.35%10Y+15.92%
- Aditya Birla Sun Life Gold Fund - Direct Plan - GROWTHAditya Birla Sun Life · Other₹44.27#71Y+17.98%3Y+35.03%5Y+24.36%10Y+15.95%
- SBI GOLD FUND - Direct Plan - GrowthSBI · Other₹44.78#81Y+18.04%3Y+34.87%5Y+24.40%10Y+16.19%
- ICICI Prudential Gold ETF FOF - Direct Plan - GrowthICICI Prudential · Other₹46.87#91Y+18.28%3Y+34.88%5Y+24.40%10Y+15.95%
- Quantum Gold ETF FOF - Direct Plan - Growth OptionQuantum · Other₹56.16#101Y+18.20%3Y+35.15%5Y+24.40%10Y+15.82%
- HDFC Gold ETF - Growth OptionHDFC · Other₹125.49#111Y+18.69%3Y+35.22%5Y+24.50%10Y+16.06%
- KOTAK GOLD ETFKotak Mahindra · Other₹122.62#121Y+18.77%3Y+35.18%5Y+24.53%10Y+16.08%
- Axis Gold ETFAxis · Other₹122.36#131Y+18.53%3Y+35.31%5Y+24.54%10Y+15.56%
- ICICI Prudential Gold ETFICICI Prudential · Other₹125.82#141Y+18.79%3Y+35.28%5Y+24.61%10Y—
- Aditya Birla Sun Life Gold ETFAditya Birla Sun Life · Other₹129.24#151Y+18.88%3Y+35.26%5Y+24.65%10Y+16.22%
- Quantum Gold ETFQuantum · Other₹121.72#161Y+18.90%3Y+35.42%5Y+24.71%10Y+16.14%
- UTI - Gold Exchange Traded Fund - Direct Plan - GrowthUTI · Other₹123.62#171Y+19.62%3Y+35.79%5Y+24.72%10Y+16.26%
- DSP World Gold Mining Overseas Equity Omni FoF - Direct Plan - GrowthDSP · Other₹63.00#181Y+29.24%3Y+56.30%5Y+28.60%10Y+16.77%
- UTI Gold ETF Fund of Fund - Direct Plan - GrowthUTI · Other₹28.22#191Y+18.29%3Y+35.26%5Y—10Y—
- Mirae Asset Gold ETFMirae Asset · Other₹142.86#201Y+18.81%3Y+35.15%5Y—10Y—
- DSP Gold ETFDSP · Other₹14.28#211Y+18.03%3Y+34.78%5Y—10Y—
- LIC MF Gold Exchange Traded FundLIC · Other₹132.41#221Y+20.77%3Y+36.18%5Y—10Y—
- LIC MF Gold ETF Fund of Fund - Direct Plan - GrowthLIC · Other₹40.05#231Y+17.58%3Y+34.85%5Y—10Y—
- DSP Gold ETF Fund of Fund - Direct Plan - GrowthDSP · Other₹23.09#241Y+18.27%3Y+32.35%5Y—10Y—
- Edelweiss Gold ETFEdelweiss · Other₹146.82#251Y+18.64%3Y+33.26%5Y—10Y—
- Tata Gold Exchange Traded FundTata · Other₹14.28#261Y+19.23%3Y—5Y—10Y—
- Tata Gold ETF Fund of Fund - Direct Plan - Growth OptionTata · Other₹22.53#271Y+17.79%3Y—5Y—10Y—
- Zerodha Gold ETF - Direct PlanZerodha · Other₹23.13#281Y+18.91%3Y—5Y—10Y—
- Groww Gold ETFGroww · Other₹14.35#291Y+18.32%3Y—5Y—10Y—
- Groww Gold ETF FOF - Direct Plan - GrowthGroww · Other₹17.98#301Y+17.24%3Y—5Y—10Y—
- Groww Gold ETF FOF - Direct Plan - Income Distribution cum capital withdrawalGroww · Other₹17.98#311Y+17.24%3Y—5Y—10Y—
- Mirae Asset Gold ETF Fund of Fund - Direct Plan - GrowthMirae Asset · Other₹18.52#321Y+18.41%3Y—5Y—10Y—
- Zerodha Gold ETF FoF - Direct Plan - Growth OptionZerodha · Other₹19.16#331Y+18.48%3Y—5Y—10Y—
- Union Gold ETF - Direct Plan - Growth OptionUnion · Other₹143.83#341Y+18.58%3Y—5Y—10Y—
- Union Gold ETF Fund of Fund - Direct Plan - Growth OptionUnion · Other₹16.80#351Y+19.27%3Y—5Y—10Y—
- 360 ONE Gold ETF - Direct Plan - GROWTH Option360 ONE · Other₹143.45#361Y+18.56%3Y—5Y—10Y—
- Motilal Oswal Gold ETFMotilal Oswal · Other₹145.30#371Y+18.45%3Y—5Y—10Y—
- Baroda BNP Paribas Gold ETF Fund of Fund - Direct Plan - Growth OptionBaroda BNP Paribas · Other₹14.62#381Y+17.32%3Y—5Y—10Y—
- ANGEL ONE GOLD ETF - Direct PlanAngel One · Other₹13.73#391Y+18.72%3Y—5Y—10Y—
- ANGEL ONE GOLD ETF FOF - Direct Plan - GrowthAngel One · Other₹13.34#401Y+18.51%3Y—5Y—10Y—
- Choice Gold ETF - Direct Plan - GrowthChoice · Other₹145.87#411Y+21.76%3Y—5Y—10Y—
- Bandhan Gold ETF FOF - Direct Plan - GrowthBandhan · Other₹9.61#421Y—3Y—5Y—10Y—
- The Wealth Company Gold ETF FOF - Direct Plan - GrowthThe Wealth Company · Other₹9.32#431Y—3Y—5Y—10Y—
- Edelweiss Gold ETF Fund of Fund - Direct Plan - GrowthEdelweiss · Other₹9.10#441Y—3Y—5Y—10Y—
- HSBC Gold ETF Fund of Fund - Direct Plan - GrowthHSBC · Other₹10.07#451Y—3Y—5Y—10Y—
- HSBC Gold ETF - Direct Plan - GrowthHSBC · Other₹127.85#461Y—3Y—5Y—10Y—
- Shriram Gold ETF Passive FOF - Direct Plan - IDCWREINVESTMENTShriram · Other₹10.02#471Y—3Y—5Y—10Y—
- Shriram Gold ETF Passive FOF - Direct Plan - GrowthShriram · Other₹10.02#481Y—3Y—5Y—10Y—
Gold funds — frequently asked questions
Which Gold fund has the highest 5-year CAGR?
DSP World Gold Mining Overseas Equity Omni FoF - Direct Plan - Growth currently leads the Gold category with a 5-year CAGR of 28.6%. Past returns describe what already happened and do not predict future performance — treat the ranking as a starting point for research, not a recommendation.
What is a good 5-year return for a Gold fund?
Across the 48 Gold schemes we track, the median 5-year CAGR is 24.4%. Comparing a fund against that median, rather than against the category's single best performer, is a more realistic benchmark.
How is CAGR calculated on this page?
CAGR is the compound annual growth rate between the NAV on the horizon start date and the latest NAV, using growth-plan NAVs published by the AMCs. Where a scheme's NAV history has a gap or a re-denomination, we adjust for it rather than report a distorted figure. Expense ratios are already reflected in NAV; exit loads and taxes are not.
Why does this list only show direct plans?
Direct plans have no distributor commission, so their expense ratio is lower and their NAV growth is higher than the regular plan of the same scheme. Showing both would list every fund twice, so we rank direct plans only.