
Gold mutual funds are investment products that let investors benefit from gold price movements without holding physical gold. These funds mainly invest in units of gold exchange-traded funds (ETFs) that mirror the domestic gold market. In this article, find the best gold mutual funds in India for Dec 2025.
| Name | AUM (₹ in crore) | CAGR 3Y (%) |
| DSP World Gold Mining Overseas Equity Omni FoF | 1497.73 | 48.69 |
| Edelweiss Gold and Silver ETF FoF | 1141.72 | 34.46 |
| Motilal Oswal Gold and Silver ETFs FoF | 1101.50 | 32.92 |
| SBI Gold Fund | 8456.78 | 32.37 |
| Aditya Birla SL Gold Fund | 1041.61 | 32.27 |
Note: The Gold Mutual Funds mentioned above have been selected with AUM above ₹1000 crore and sorted based on 3Y CAGR as of Dec 1, 2025.
DSP World Gold FoF invests in units or securities of overseas exchange-traded funds (ETFs), international funds, or domestic mutual funds that provide exposure to gold and the gold mining industry.
Key Metrics
The Edelweiss Gold and Silver ETF Fund of Fund is an open-ended mutual fund that aims to deliver returns by investing in Gold and Silver ETF units. The fund maintains an equal allocation between the two metals and periodically rebalances the portfolio to preserve this balance.
Key Metrics
The scheme aims to generate returns by investing in units of Gold and Silver ETFs. It is an open-ended fund of funds that allocates investments in gold and silver exchange-traded funds.
Key Metrics
SBI Gold Fund is an open-ended Fund of Fund scheme that primarily invests in the SBI-ETF Gold. Its objective is to deliver returns that mirror the performance of the SBI Gold Exchange Traded Scheme.
Key Metrics
Also Read: Best Nifty 50 Index Funds in India for Nov 2025!
| Name | AUM (₹ in crore) | CAGR 5Y (%) |
| DSP World Gold Mining Overseas Equity Omni FoF | 1,497.73 | 23.30 |
| SBI Gold | 8,456.78 | 19.73 |
| HDFC Gold ETF FoF | 7,092.09 | 19.68 |
| Axis Gold Fund | 1,799.99 | 19.67 |
| Aditya Birla SL Gold Fund | 1041.61 | 19.62 |
Note: The Gold Mutual Funds mentioned above have been selected with AUM above ₹1000 crore and sorted based on 5Y CAGR as of Dec 1, 2025.
| Name | AUM (₹ in crore) | Absolute Returns – 1Y (%) |
| DSP World Gold Mining Overseas Equity Omni FoF | 1,497.73 | 131.08 |
| Edelweiss Gold and Silver ETF FoF | 1,141.73 | 73.77 |
| Motilal Oswal Gold and Silver ETFs FoF | 1,101.50 | 67.87 |
| SBI Gold | 8,456.78 | 63.46 |
| HDFC Gold ETF FoF | 7,092.09 | 63.21 |
Note: The Gold Mutual Funds mentioned above have been selected with AUM above ₹1000 crore and sorted based on Absolute Returns 1y as of Dec 1, 2025.
Gold mutual funds offer a convenient and paperless way to invest in gold, but investors should consider several factors before committing. Key aspects include the fund’s expense ratio, historical performance, tracking error, and consistency of returns. Additionally, it is crucial to ensure the investment aligns with one’s financial goals, risk tolerance, and investment horizon. Evaluating these factors helps investors use gold mutual funds effectively for portfolio diversification and as a hedge against market fluctuations and inflation.
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/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 the related documents carefully before investing.
Published on: Dec 1, 2025, 2:27 PM IST

Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates