SBI Gold Fund

Direct and Regular plans, Growth and IDCW options

Data as on 30-10-2026

SBI Gold Fund is a mutual fund run by SBI Mutual Fund. On 30-09-2026, it managed ₹17,423 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 30.4% a year and its Regular plan returned 30.2% a year.

NAV (Direct plan): ₹42.50; ▼ 1.05%30-10-2026
NAV (Regular plan): ₹40.52; ▼ 1.05%30-10-2026
Expense ratio: 0.25%Direct0.42%Regular; 0.25%; A year
Riskometer: Not available; Set by the fund house
3 year return: 30.4%Direct30.2%Regular; 30.4%; A year

SBI Gold Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹42.50 (down 1.05% that day); Regular Plan Growth ₹40.52 (down 1.05% that day).

This fund (Direct plan)

₹42.4998

SBI Gold Fund Returns

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−5.47%	−2.01%	−6.92%	+15.78%	+30.43%	+22.74%	+15.60%
This fund (Regular)	−5.48%	−2.06%	−7.00%	+15.60%	+30.19%	+22.45%	+15.23%
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. The fund house names no benchmark we can show.

SBI Gold Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+4.53%	+4.40%
2025	+71.85%	+71.51%
2024	+19.88%	+19.63%
2023	+14.43%	+14.14%
2022	+13.01%	+12.64%
2021	−5.34%	−5.69%

SBI Gold Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,630 periods, one for each trading day from 04-01-2016 to 30-10-2026.

−10%0%10%20%30%40%50%

Nov 2013
to
Nov 2016Sept 2015
to
Sept 2018Jul 2017
to
Jul 2020May 2019
to
May 2022Mar 2021
to
Mar 2024Dec 2022
to
Dec 2025

SBI Gold Fund (Direct)

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	3,109	9.3%	−18.2%	115.9%	25%
2 years	2,872	10.1%	−11.0%	66.2%	16%
3 years	2,630	11.0%	−7.5%	44.4%	11%
5 years	2,147	12.1%	−2.4%	28.6%	8%
7 years	1,665	9.8%	2.3%	26.2%	0%
10 years	937	10.2%	4.9%	19.8%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	154	9.6%	−17.8%	118.2%	27%
2 years	142	10.1%	−11.0%	77.0%	13%
3 years	130	10.4%	−8.4%	57.8%	3%
5 years	106	11.9%	0.4%	39.5%	0%
7 years	82	12.2%	7.2%	30.7%	0%
10 years	46	12.6%	8.7%	24.4%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.

SBI Gold Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	SBI Gold Fund (Direct)This fund
Return (CAGR)	+15.78%
Standard deviation	30.64%
Sharpe ratio	0.34
Sortino ratio	0.47
Maximum drawdown	−24.7% (23-03-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	SBI Gold Fund (Direct)This fund
Return (CAGR)	+30.43%
Standard deviation	21.25%
Sharpe ratio	1.15
Sortino ratio	1.63
Maximum drawdown	−24.7% (23-03-2026)

From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	SBI Gold Fund (Direct)This fund
Return (CAGR)	+22.74%
Standard deviation	17.89%
Sharpe ratio	0.95
Sortino ratio	1.36
Maximum drawdown	−24.7% (23-03-2026)

From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	SBI Gold Fund (Direct)This fund
Return (CAGR)	+15.60%
Standard deviation	15.76%
Sharpe ratio	0.65
Sortino ratio	0.94
Maximum drawdown	−24.7% (23-03-2026)

From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	SBI Gold Fund (Direct)This fund
Return (CAGR)	+10.46%
Standard deviation	15.11%
Sharpe ratio	0.29
Sortino ratio	0.42
Maximum drawdown	−25.0% (01-01-2016)

From daily NAVs, 02-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−30%−25%−20%−15%−10%−5%0%

2014201620182020202220242026

SBI Gold Fund (Direct)

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
SBI Gold Fund (Direct)	−25.0%	28-08-2013	01-01-2016	11-07-2019	42 months	−21.5%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.

SBI Gold Fund Expense Ratio and Costs

What each plan charges a year, in force from 29-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.21%	0.00%	0.00%	0.04%	0.25%
Regular	0.35%	0.00%	0.00%	0.07%	0.42%

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	15.60%	15.78%	0.18%	₹1,15,600	₹1,15,780
3 years	30.19%	30.43%	0.24% a year	₹2,20,665	₹2,21,887
5 years	22.45%	22.74%	0.29% a year	₹2,75,292	₹2,78,568
10 years	15.23%	15.60%	0.37% a year	₹4,12,720	₹4,26,166

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

SBI Gold Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planSBI Gold Fund (Direct)	₹16,60,000	₹54,13,564	₹37,53,564	15.8%
Regular planSBI Gold Fund (Regular)	₹16,60,000	₹52,75,679	₹36,15,679	15.4%

₹0₹20.0 L₹40.0 L₹60.0 L₹80.0 L

2014201620182020202220242026

Direct planSBI Gold Fund (Direct)Regular planSBI Gold Fund (Regular)Amount invested

From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

SBI Gold Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

100.0%Cash and others

Asset	Fund
Cash and others	100.0%

SBI Gold Fund Portfolio Holdings

As on 30-09-2026 · 1 holdings · from the fund house's monthly portfolio

Holdings	Sector	Weight%
SBI Gold ETF	Mutual Fund/ETF	100.16%

SBI Gold Fund Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.25%
Expense ratio (Regular): 0.42%
Category: Not available
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹17,422.54 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 119788
ISIN (Direct): INF200K01RP8
Scheme code (Regular): 115676
ISIN (Regular): INF200K01HA1
NAV history: From 02-01-2013, 13.8 years

Exit load: Not available

Tax on SBI Gold Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹42.4998	30-10-2026
direct	IDCW	₹42.4387	30-10-2026
regular	Growth	₹40.5176	30-10-2026
regular	IDCW	₹40.524	30-10-2026

About SBI Gold Fund

SBI Gold Fund is a mutual fund from SBI Mutual Fund. At the end of September 2026 it held 1 securities.

Fund Manager

Not available

See all funds of SBI Mutual Fund

AUM change

September 2026: ₹17,422.54 Cr; −1.27% from August 2026
August 2026: ₹17,647.04 Cr; +11.61% from July 2026
July 2026: ₹15,811.87 Cr; +3.38% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Frequently Asked Questions for SBI Gold Fund

What is the current NAV of SBI Gold Fund?

The Direct plan NAV is ₹42.4998. The Regular plan NAV is ₹40.5176, as on 30-10-2026.

What are the returns of SBI Gold Fund?

The Direct plan returned +15.78% in 1 year, +30.43% a year over 3 years, +22.74% a year over 5 years. The Regular plan returned +15.60% in 1 year, +30.19% a year over 3 years, +22.45% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of SBI Gold Fund?

The Direct plan charges 0.25% a year. The Regular plan charges 0.42% a year. This is the figure the fund house reported to AMFI, in force from 29-09-2026.

What is the AUM of SBI Gold Fund?

SBI Gold Fund managed ₹17,422.54 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of SBI Gold Fund?

At the end of September 2026 the largest holdings were SBIGOLD (100.16%). The fund held 1 securities in all.

How do I invest in SBI Gold Fund?

Through SBI Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.

What is the difference between the Direct and Regular plan of SBI Gold Fund?

Both plans hold the same investments. The Regular plan pays a commission to the distributor who sold it, so it charges more. The Direct plan charges 0.25% a year and the Regular plan 0.42%. The lower charge is why the Direct plan's NAV is higher.

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.