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.
| Name | CAGR 3Y (%) |
| DSP World Gold Mining Overseas Equity Omni FoF | 48.33 |
| Edelweiss Gold and Silver ETF FoF | 39.19 |
| Motilal Oswal Gold and Silver Passive FoF | 37.31 |
| UTI Gold ETF FoF | 34.27 |
| SBI Gold Fund | 34.23 |
| LIC MF Gold ETF FoF | 34.15 |
| Aditya Birla SL Gold Fund | 34.14 |
| ICICI Pru Gold ETF FOF | 34.13 |
| Quantum Gold Saving Fund | 34.07 |
| Kotak Gold Fund | 34.03 |
Note: Funds are sorted based on 3-year CAGR as of April 9, 2026.
This fund invests in global gold mining companies through overseas ETFs and funds, offering indirect exposure to gold price movements.
Key Metrics
This fund allocates investments across gold and silver ETFs, aiming to provide diversified exposure to precious metals.
Key Metrics
An open-ended fund of funds that invests in gold and silver ETFs, focusing on passive exposure to bullion prices.
Key Metrics
This fund primarily invests in units of gold ETFs, providing investors with a straightforward way to track gold price movements.
Key Metrics
| Name | Expense Ratio (%) |
| Quantum Gold Saving Fund | 0.04 |
| Motilal Oswal Gold and Silver Passive FoF | 0.13 |
| ICICI Pru Gold ETF FOF | 0.13 |
| Kotak Gold Fund | 0.16 |
| UTI Gold ETF FoF | 0.17 |
| Aditya Birla SL Gold Fund | 0.20 |
| Edelweiss Gold and Silver ETF FoF | 0.24 |
| SBI Gold Fund | 0.24 |
| LIC MF Gold ETF FoF | 0.44 |
| DSP World Gold Mining Overseas Equity Omni FoF | 1.74 |
Note: Funds are sorted based on expense ratio as of April 9, 2026.
| Name | Exit Load (%) |
| Edelweiss Gold and Silver ETF FoF | 0.10 |
| ICICI Pru Gold ETF FOF | 1.00 |
| Kotak Gold Fund | 1.00 |
| UTI Gold ETF FoF | 1.00 |
| Aditya Birla SL Gold Fund | 1.00 |
| SBI Gold Fund | 1.00 |
| LIC MF Gold ETF FoF | 1.00 |
| Quantum Gold Saving Fund | - |
| Motilal Oswal Gold and Silver Passive FoF | - |
| DSP World Gold Mining Overseas Equity Omni FoF | - |
Note: Funds are sorted based on exit load as of April 9, 2026.
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.
Published on: Apr 9, 2026, 2:05 PM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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