SBI Gold Fund Direct Growth NAV rises to ₹30.41 on 24 September; 3-Year CAGR at 34.85%

Key Takeaways:

• SBI Gold Fund Direct Growth recorded a NAV of ₹30.41 on 24 September 2026 and gained 0.89% on the day.  
• The one-year return stood at 30.40%, the 3-year CAGR at 34.85%, and the 5-year annualised return at 25.35%.  
• The fund size was approximately ₹2,072 crore, and the Direct Growth expense ratio was 0.38%.  
• SBI Gold ETF accounted for 100.13% of the disclosed allocation, with TREPS at 0.37% and net current assets and others at -0.50%. 

SBI Gold Fund Direct Growth posted a NAV of ₹30.41 on 24 September 2026 and rose 0.89% over the day. Unlike equity funds, a gold fund should be interpreted through its gold-linked structure rather than sector exposures or stock selection. The daily move reflects the movement in the underlying gold-oriented portfolio. 

The return profile was strong across the displayed periods. The one-year return stood at 30.40%, the three-year CAGR was 34.85%, and the five-year annualised return came in at 25.35%. Here, the three-year figure exceeded the five-year number by 9.50 percentage points. The fund also had a 13-year operating history, which gives the return record a long context. 

Its fund size stood at about ₹2,072 crore and the Direct Growth expense ratio was a relatively low 0.38%. Minimum investment requirements were ₹500 for SIPs and ₹5,000 for lump-sum investments. 

The portfolio structure is the most important distinguishing feature. SBI Gold ETF accounted for 100.13% of the disclosed allocation, TREPS for 0.37%, and net current assets and others for -0.50%. The ETF weight being above 100% does not mean the scheme held more than 100% physical gold in a literal sense; it reflects the portfolio accounting interaction between the underlying ETF exposure and small cash or current-liability adjustments. That is why the negative current-assets line matters in interpretation. 

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