Best Gold Mutual Funds in India for July 2026: DSP World Gold, SBI Gold & More Based on 5Y CAGR

Gold mutual funds offer investors an easy way to gain exposure to gold without buying or storing the precious metal. They can help diversify a portfolio and act as a hedge against inflation and market volatility. Here are some gold mutual funds in India for July 2026, based on their recent performance. 

Best Gold Mutual Funds in India for July 2026 

Overview of the Best Gold Mutual Funds in India

DSP World Gold Mining Overseas Equity Omni FoF

DSP World Gold Mining Overseas Equity Omni FoF invests in international gold mining companies instead of physical gold. This gives investors exposure to global mining stocks, making the fund's performance dependent on both gold prices and mining companies' earnings. As a result, it tends to be more volatile than traditional gold funds. The fund has delivered a 3-year CAGR of 47.42% and does not levy any exit load.

Quantum Gold ETF FoF

Quantum Gold ETF FoF primarily invests in the Quantum Gold ETF, which tracks domestic gold prices by holding physical gold. It offers investors a convenient way to invest in gold without needing a demat account. The fund is suitable for long-term portfolio diversification and as a hedge against inflation. It has generated a 3-year CAGR of 33.80% and does not have an exit load.

SBI Gold Fund

SBI Gold Fund is a fund of fund that invests in SBI Gold ETF, providing exposure to the performance of physical gold. Investors can participate in gold price movements through SIPs or lump-sum investments without worrying about storage or purity. The fund has delivered a 3-year CAGR of 33.74% and carries an exit load of 1%.

ICICI Prudential Gold ETF FoF

ICICI Prudential Gold ETF FoF invests predominantly in the ICICI Prudential Gold ETF, enabling investors to gain exposure to domestic gold prices through the mutual fund route. It eliminates the need for a demat account while offering an efficient way to diversify an investment portfolio. The fund has posted a 3-year CAGR of 33.75% and has an exit load of 1%.

Axis Gold Fund

Axis Gold Fund mainly invests in the Axis Gold ETF, allowing investors to benefit from movements in domestic gold prices without purchasing physical gold. It is designed for investors seeking diversification and protection against inflation and market volatility. The fund has delivered a 3-year CAGR of 33.40% and charges an exit load of 1%.

Kotak Gold Fund

Kotak Gold Fund is a fund of fund that invests in Kotak Gold ETF, offering investors a simple way to gain exposure to physical gold through a mutual fund. It supports both SIP and lump-sum investments and is often used to diversify portfolios during uncertain market conditions. The fund has generated a 3-year CAGR of 33.75% and carries an exit load of 1%.

Read more: Nestle Share Price in Focus as Board Declares ₹2 Per Share Special Dividend for Shareholders.

Conclusion

Gold mutual funds can be a useful addition to a diversified investment portfolio, especially during periods of economic uncertainty. Before investing, compare factors such as returns, expense ratio, investment strategy and exit load to ensure the fund aligns with your financial goals, investment horizon and risk appetite.

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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. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

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