SBI Gold Fund Direct Growth NAV at ₹41.54 on 2 November 2026; 3-Year CAGR at 29.44%

Key Takeaways

• SBI Gold Fund Direct Growth recorded a NAV of ₹41.54 on 2 November 2026, declining 2.25% over the valuation day.
• Historical returns were 12.44% over one year, 29.44% CAGR over three years and 22.17% CAGR over five years.
• The latest snapshot showed ₹17,423 crore AUM and a Direct Growth expense ratio of 0.25%.
• SBI Gold ETF was reported at 100.16%, accompanied by 0.29% TREPS and -0.45% net current assets and others, which together reconcile to 100%.

SBI Gold Fund Direct Growth recorded a NAV of ₹41.54 on 2 November 2026, declining 2.25% over the valuation day. The scheme's historical return figures stood at 12.44% over one year, 29.44% CAGR over three years and 22.17% CAGR over five years.

As a gold-oriented fund, its portfolio and return characteristics differ from conventional diversified equity mutual funds. The primary exposure is obtained through SBI Gold ETF rather than through a portfolio of listed operating companies.

Assets under management were ₹17,423 crore and the Direct Growth expense ratio was 0.25%. The minimum SIP amount was ₹500, while the minimum lump-sum investment stood at ₹5,000.

The disclosed allocation showed SBI Gold ETF at 100.16%, TREPS at 0.29%, and Net Current Assets & Others at -0.45%. These figures need to be interpreted together. An ETF allocation slightly above 100% does not mean that the scheme literally owns more than 100% of its net assets in gold.

The negative net current-assets position offsets the ETF and TREPS exposures. Adding 100.16%, 0.29% and -0.45% produces a total allocation of exactly 100.00%.

Historical risk statistics included standard deviation of 5.46, alpha of 27.14, beta of 0.02 and a Sharpe ratio of 1.43. These are historical measures and should not be viewed as a forecast.

Because the scheme primarily obtains exposure through a gold ETF, comparisons with equity-fund portfolio concentration or company-level holdings are not appropriate.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.