Best Gold Mutual Funds for October 2026 Based on 5-Year CAGR: Quantum Gold, SBI Gold and Others

For October 2026, several gold mutual funds have been identified based on their 5-year Compound Annual Growth Rate (CAGR). These funds offer investors a chance to diversify their portfolios with gold-backed securities, providing a hedge against market volatility. 

Top Gold Mutual Funds for October 2026 Based on 5-Year CAGR 

Note: The above NAV is as of September 28, 2026, and AUM as of August 31, 2026. 

Quantum Gold ETF FOF 

Chirag Mehta manages this open-ended Quantum Gold ETF FOF fund, which has an AUM of ₹579.2 crore and an expense ratio of 0.51%. Initiated on May 19, 2011, it follows the Gold-India benchmark. The NAV is ₹55.16, with a 52-week high of ₹66.72 and a low of ₹43.74. The 5-year return is 24.63%. 

SBI Gold Fund 

Managed by Viral Chhadva, SBI Gold Fund is an open-ended fund with an AUM of ₹17,647.0 crore and an expense ratio of 0.42%. Launched on September 12, 2011, it tracks the Gold-London Bullion Market association (LBMA) index. The fund's NAV stands at ₹42.65, with a 52-week high of ₹51.65 and a low of ₹33.85. It has delivered a 5-year return of 24.60%. 

Aditya Birla Sun Life Gold Fund 

Under the management of Mehul Dama, this Aditya Birla Sun Life Gold fund has an AUM of ₹1,843.3 crore and an expense ratio of 0.52%. It was launched on March 20, 2012, and tracks the Gold-India index. The NAV is ₹42.47, with a 52-week high of ₹50.56 and a low of ₹33.54. The 5-year return is 24.47%. 

Read More: Best Gold ETFs for October 2026 Based on 5-Year CAGR: LIC MF Gold ETF, UTI Gold ETF, and More! 

Nippon India Gold Savings Fund 

Managed by Himanshu Mange, this open-ended Nippon India Gold Savings fund has an AUM of ₹7,602.4 crore and an expense ratio of 0.25%. Launched on March 7, 2011, it follows the Gold-India benchmark. The NAV is ₹55.71, with a 52-week high of ₹67.46 and a low of ₹44.22. The 5-year return is 24.38%. 

Axis Gold Fund 

Aditya Pagaria manages this Axis Gold Fund, which has an AUM of ₹3,190.8 crore and an expense ratio of 0.54%. Initiated on October 20, 2011, it tracks the Gold-India index. The NAV is ₹42.10, with a 52-week high of ₹51.65 and a low of ₹33.67. The 5-year return is 24.29%. 

Kotak Gold Fund 

Managed by Abhishek Bisen, this Kotak Gold fund has an AUM of ₹7,194.9 crore and an expense ratio of 0.45%. Launched on March 25, 2011, it follows the Gold-India benchmark. The NAV is ₹55.86, with a 52-week high of ₹67.22 and a low of ₹44.21. The 5-year return is 24.09%. 

Conclusion 

The top gold mutual funds for October 2026, based on 5-year CAGR, include Quantum Gold ETF FOF with 24.63%, SBI Gold Fund with 24.60%, and Aditya Birla SL Gold Fund with 24.47%. These funds provide diverse options for investors seeking exposure to gold-backed securities. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.