Best Gold Mutual Funds in India for April 2026: DSP World Gold, Edelweiss Gold & More Based on 3Y CAGR

Gold mutual funds are investment instruments that allow investors to benefit from movements in gold prices without holding the metal physically. These funds typically invest in gold ETFs or related assets that track domestic or global gold markets. 

In this article, we look at the best gold mutual funds in India for April 2026 based on key performance indicators.

Best Gold Mutual Funds in India for April 2026 (3Y CAGR Basis)

Note: Funds are sorted based on 3-year CAGR as of April 9, 2026.

Overview of the Best Gold Mutual Funds in India

1. DSP World Gold Mining Overseas Equity OmniFoF

This fund invests in global gold mining companies through overseas ETFs and funds, offering indirect exposure to gold price movements.

Key Metrics

• AUM: ₹2,190.96 crore
• Absolute Returns (1Y): 145.47%

2. Edelweiss Gold and Silver ETFFoF

This fund allocates investments across gold and silver ETFs, aiming to provide diversified exposure to precious metals.

Key Metrics

• AUM: ₹2,964.79 crore
• Absolute Returns (1Y): 107.3%

3. Motilal Oswal Gold and Silver PassiveFoF

An open-ended fund of funds that invests in gold and silver ETFs, focusing on passive exposure to bullion prices.

Key Metrics

• AUM: ₹2,730.16 crore
• Absolute Returns (1Y): 92.47%

4. UTI Gold ETFFoF

This fund primarily invests in units of gold ETFs, providing investors with a straightforward way to track gold price movements.

Key Metrics

• AUM: ₹1,253.31 crore
• Absolute Returns (1Y): 68.73%

Best Gold Mutual Funds in India for April 2026 – Expense Ratio Basis

Note: Funds are sorted based on expense ratio as of April 9, 2026.

Best Gold Mutual Funds in India for April 2026 – Exit Load Basis

Note: Funds are sorted based on exit load as of April 9, 2026.

Read More: Best Performing Equity Mutual Funds For April 2026 Based on 5-Yr CAGR: SBI PSU Fund, Aditya Birla SL PSU Fund and More.

Conclusion

Gold mutual funds provide a convenient route to gain exposure to gold without physical storage concerns. When selecting a fund, investors should evaluate metrics such as expense ratio, assets under management, historical returns, and exit load. Aligning these factors with individual financial goals and risk tolerance can help in making informed investment decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities 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 in the securities market are subject to market risks. Read all related documents carefully before investing.