Best Gold Mutual Funds in India for June 2026: LIC MF Gold ETF FoF, SBI Gold Fund, and More Based on 5-Year CAGR

Gold mutual funds provide investors with exposure to gold prices without the need to buy or store physical gold. These schemes typically invest in gold ETFs, which track the performance of domestic gold prices. In this article, we explore some of the best gold mutual funds in India as of June 2026.
Best Gold Mutual Funds in India for June 2026 Based on 5-Year CAGR
| Fund Name | AUM (₹ Cr) | CAGR 5Y (%) | CAGR 10Y (%) |
| LIC MF Gold ETF FoF | 824.14 | 23.71 | 15.76 |
| SBI Gold Fund | 16,532.94 | 23.53 | 16.46 |
| Quantum Gold Saving Fund | 537.67 | 23.49 | 16.31 |
| Axis Gold Fund | 3,092.33 | 23.48 | 15.91 |
| ICICI Pru Gold ETF FOF | 6,855.77 | 23.47 | 15.88 |
Note: The Gold Mutual Funds mentioned above have been sorted based on 5Y CAGR as of June 14, 2026.
Overview of the Best Gold Mutual Funds in India
1. LIC MF Gold ETF FoF
- NAV: ₹40.24
- 1-Year Return: 49.50%
- CAGR: 10.91%
- Expense Ratio: 0.37%
2. SBI Gold Fund
- NAV: ₹45.04
- 1-Year Return: 49.96%
- CAGR: 11.23%
- Expense Ratio: 0.25%
3. Quantum Gold Saving Fund
- NAV: ₹56.44
- 1-Year Return: 50.42%
- CAGR: 12.16%
- Expense Ratio: 0.04%
Best Gold Mutual Funds in India for June 2026 Based on AUM
| Fund Name | AUM (₹ Cr) | CAGR 5Y (%) | CAGR 10Y (%) |
| SBI Gold Fund | 16,532.94 | 23.53 | 16.46 |
| HDFC Gold ETF FoF | 12,121.18 | 23.38 | 16.34 |
| Nippon India Gold Savings Fund | 7,553.43 | 23.21 | 16.28 |
| Kotak Gold Fund | 7,064.81 | 23.21 | 16.54 |
| ICICI Pru Gold ETF FOF | 6,855.77 | 23.47 | 15.88 |
Note: The Gold Mutual Funds mentioned above have been sorted based on AUM as of June 14, 2026.
Read More: Best Pharma Stocks in June 2026 Based on 5‑Year CAGR.
Best Gold Mutual Funds in India for June 2026 Based on 10-Year CAGR
| Fund Name | AUM (₹ Cr) | CAGR 5Y (%) | CAGR 10Y (%) |
| Kotak Gold Fund | 7,064.81 | 23.21 | 16.54 |
| Aditya Birla SL Gold Fund | 1,821.60 | 23.37 | 16.49 |
| SBI Gold Fund | 16,532.94 | 23.53 | 16.46 |
| Invesco India Gold ETF FoF | 502.65 | 23.21 | 16.42 |
| HDFC Gold ETF FoF | 12,121.18 | 23.38 | 16.34 |
Note: The Gold Mutual Funds mentioned above have been sorted based on 10Y CAGR as of June 14, 2026.
Conclusion
Gold mutual funds offer a convenient way to participate in gold price movements without the challenges of purchasing and storing physical gold. Before investing, investors should carefully review factors such as the fund’s expense ratio, historical returns, tracking efficiency, and consistency of performance over different market cycles.
Additionally, it is important to ensure that the investment aligns with individual financial goals, risk tolerance, and investment horizon. By evaluating these aspects thoroughly, investors can make informed decisions and use gold mutual funds as an effective tool for portfolio diversification and a potential hedge against inflation and market uncertainties.
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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 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: Jun 14, 2026, 9:44 AM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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