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 Jan 2026.
| Name | AUM (₹ in crore) | CAGR 3Y (%) |
| DSP World Gold Mining Overseas Equity Omni FoF | 1,688.96 | 51.71 |
| Edelweiss Gold and Silver ETF FoF | 1,345.76 | 41.60 |
| Motilal Oswal Gold and Silver ETFs FoF | 1,270.97 | 38.64 |
| SBI Gold Fund | 9,323.56 | 34.93 |
| ICICI Pru Regular Gold Savings Fund | 3,986.82 | 34.91 |
Note: The Gold Mutual Funds mentioned above have been selected with AUM above ₹1000 crore and sorted based on 3Y CAGR as of Dec 29, 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 mainly invests in the SBI-ETF Gold. The fund’s objective is to deliver returns that mirror the performance of the SBI Gold Exchange Traded Scheme.
Key Metrics
ICICI Prudential Regular Gold Savings Fund is a fund-of-funds scheme that aims to deliver returns by primarily investing in units of the ICICI Prudential Gold ETF (IPru Gold ETF).
Key Metrics
Also Read: Gold Shines in 2025: Prices Jump 60–70%!
| Name | AUM (₹ in crore) | CAGR 5Y (%) |
| DSP World Gold Mining Overseas Equity Omni FoF | 1,688.96 | 24.06 |
| Aditya Birla SL Gold Fund | 1,136.29 | 21.33 |
| SBI Gold Fund | 9,323.56 | 21.31 |
| ICICI Pru Regular Gold Savings Fund | 3,986.82 | 21.28 |
| HDFC Gold ETF FoF | 7,632.77 | 21.26 |
Note: The Gold Mutual Funds mentioned above have been selected with AUM above ₹1000 crore and sorted based on 5Y CAGR as of Dec 29, 2025.
| Name | AUM (₹ in crore) | Absolute Returns – 1Y (%) |
| DSP World Gold Mining Overseas Equity Omni FoF | 1,688.96 | 175.22 |
| Edelweiss Gold and Silver ETF FoF | 1,345.76 | 114 |
| Motilal Oswal Gold and Silver ETFs FoF | 1,270.97 | 99.29 |
| ICICI Pru Regular Gold Savings Fund | 3,986.82 | 78.89 |
| HDFC Gold ETF FoF | 7,632.77 | 78.80 |
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 29, 2025.
Gold mutual funds provide a simple, digital route to gain exposure to gold without the need to hold it physically. However, investors should assess a few important factors before investing. These include the fund’s expense ratio, past performance, tracking error, and the stability of returns over time. It is equally important to check whether the investment fits one’s financial objectives, risk appetite, and time horizon. A thoughtful evaluation of these aspects can help investors use gold mutual funds efficiently for portfolio diversification and as protection against market volatility 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 29, 2025, 1:38 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.
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