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Gold Funds

Every gold scheme in the AMFI-sourced universe behind this site, with NAV as at 20 Aug 2026.

Average 3Y return

+33.00%

across 11 of 26 schemes

Riskometer (most common)

High

9 of 14 disclosing

Total schemes

1 SEBI sub-category

What is a gold fund?

Gold funds are fund-of-funds that buy units of a gold ETF backed by vaulted 24-karat bullion — metal exposure in mutual fund units, with SIPs and no demat account.

Correlation with Indian equity has historically been low and at times negative — the two have not always moved together.

No lockers, no making charges, no purity doubts: the underlying ETF holds vaulted, assayed bars.

Gold pays no interest and no dividend: the whole return is the change in the INR gold price, less costs.

Gold schemes, sorted on disclosed returns

26 of 26 schemes shown · sorted by disclosed 1Y return, highest first · NAV as at 20 Aug 2026

Gold funds return calculator

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Investment type

SIP amount (monthly)₹5,000

Tenure

5Y data isn’t available for Edelweiss Gold and Silver ETF FOF — showing 3Y. Backtest: Edelweiss Gold and Silver ETF FOF’s disclosed 3Y SIP return of 51.32% — an annualised SIP return (XIRR), compounded monthly over the instalments. Past figures, illustrative only.

₹3.6 L

Invested amt.₹1,80,000

Net profit+₹1,83,232

Total wealth₹3,63,232

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Gold schemes with the highest disclosed 3Y return

Edelweiss Gold and Silver ETF FOF

3Y returns +43.08%

Quantum Gold ETF FOF

3Y returns +37.92%

UTI Gold ETF Fund of Fund

3Y returns +37.75%

Aditya Birla Sun Life Gold Fund - Growth

3Y returns +37.49%

What these funds hold

A gold fund is a fund-of-funds whose only holding is units of a gold ETF, which in turn holds vaulted bullion valued off the domestic gold price. There is no income leg — no coupon, no dividend — so the NAV tracks metal price and currency, less two layers of cost.

Taxation (2026)

Non-equity rules: gains on units held under 24 months add to income at slab; beyond that the concessional long-term rate applies.

Who should invest

Investors building an all-weather allocation, and savers replacing physical jewellery-as-investment with a cleaner instrument.

What to check

Expense stacking (FOF layer + ETF layer), tracking difference vs the domestic gold price, and your total metal exposure including jewellery.

Frequently asked questions

+Gold fund vs gold ETF vs sovereign gold bonds?

ETFs are cheapest but need a demat account. Gold funds add a thin FOF layer for SIP convenience. SGBs paid interest but issuance has been discontinued — secondary-market units still trade.

+How much gold should a portfolio hold?

GFS is an AMFI-registered distributor, not a SEBI-registered investment adviser, so it does not set that number for you. What it depends on is your own objective for holding metal, what you already hold including jewellery, and your horizon.

+Why can a gold fund post a very large one-year move?

Two things move at once: the global bullion price and the USD–INR rate. When both go the same way the one-year number gets large in either direction. Read the actual figures in the table above rather than extrapolating a single year.

Explore other categories

International Large Cap Large & Mid Cap Mid Cap Small Cap Flexi Cap Multi Cap ELSS Tax Saver Balanced Advantage Liquid Gold Index Funds Sectoral / Thematic