SBI Gold Fund Direct Growth NAV Rises to ₹43.23 on 28 October; 3-Year CAGR at 31.38%

Key Takeaways

• SBI Gold Fund Direct Growth recorded a NAV of ₹43.23 on 28 October 2026, rising 1.34% over the valuation day.
• Historical returns stood at 21.29% over one year, 31.38% CAGR over three years and 23.15% CAGR over five years.
• The fund snapshot showed a ₹17,423 crore fund size, a 0.25% expense ratio, a ₹500 minimum SIP and a ₹5,000 minimum lump-sum investment.
• SBI Gold ETF represented 100.16%, with TREPS at 0.29% and net current assets and others at -0.45%, reconciling the disclosed allocation to 100%.

SBI Gold Fund Direct Growth recorded a NAV of ₹43.23 on 28 October 2026, with a 1.34% rise over the valuation day. Unlike an equity scheme, SBI Gold Fund is a domestic fund-of-funds strategy whose objective is to provide returns that closely correspond with its underlying SBI gold exchange-traded scheme.

Historical returns on the page stood at 21.29% for one year, 31.38% CAGR for three years and 23.15% CAGR over five years. The primary snapshot displayed a fund size of ₹17,423 crore, an expense ratio of 0.25%, a minimum SIP of ₹500 and a minimum lump-sum investment of ₹5,000.

Portfolio allocation was dominated by SBI Gold ETF at 100.16%. TREPS contributed another 0.29%, while Net Current Assets & Others were shown at -0.45%. These three figures reconcile to 100.00%. The ETF weight above 100% therefore does not mean the scheme literally has more than 100% of its net assets invested in gold. It reflects the accounting presentation when the ETF holding is offset by the negative net-current-asset component.

The page also displayed an alpha of 27.14, standard deviation of 5.46, beta of 0.02 and Sharpe ratio of 1.43. The scheme's exit-load disclosure stated 1% for exits within 15 days and nil thereafter.

Because the scheme primarily tracks gold through an underlying ETF, its portfolio structure is fundamentally different from equity funds in the rest of this NAV series. Equity-stock concentration measures are therefore not relevant to this scheme.

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