SBI Gold Fund Direct Growth NAV Slips to ₹42.65 on 27 October; 3-Year CAGR at 30.96%

Key Takeaways

• SBI Gold Fund Direct Growth recorded a NAV of ₹42.65 on 27 October 2026, declining 0.44% over the valuation day.
• Historical returns stood at 15.62% over one year, 30.96% annualised over three years and 22.84% annualised over five years.
• The fund size was ₹17,423 crore and the Direct Growth expense ratio stood at 0.25%.
• SBI Gold ETF was displayed at 100.16%, offset by TREPS of 0.29% and Net Current Assets & Others of -0.45%, reconciling the disclosed allocation to 100%.

SBI Gold Fund Direct Growth recorded a NAV of ₹42.65 on 27 October 2026, down 0.44% over the valuation day. The fund's three-year CAGR stood at 30.96%. Its minimum SIP amount was ₹500 and the minimum lump-sum investment displayed by 5paisa was ₹5,000.

Longer-term historical return data showed a one-year return of 15.62%, a three-year CAGR of 30.96% and a five-year annualised return of 22.84%. Assets under management stood at ₹17,423 crore, while the Direct Growth expense ratio was 0.25%.

Unlike an equity fund, SBI Gold Fund is a domestic fund-of-funds structure whose portfolio is primarily linked to SBI Gold ETF. The disclosed allocation showed SBI Gold ETF at 100.16%, TREPS at 0.29% and Net Current Assets & Others at -0.45%. These figures reconcile mathematically to 100.00%. The ETF figure being slightly above 100% does not mean the scheme literally has more than all of its net assets invested in gold; the negative net current assets position offsets the gross ETF and TREPS exposures.

The scheme's objective on the page is to seek returns that closely correspond to those delivered by the SBI Gold Exchange Traded Scheme. Its disclosed exit load was 1% for exit within 15 days from allotment and nil thereafter under the stated terms.

For 27 October, the main update was the 0.44% decline in NAV. The scheme should be assessed as a gold-linked fund rather than through the equity-holding framework used for diversified stock funds.

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