SBI Gold Fund Direct Growth NAV Falls to ₹42.95 on 29 October; 3-Year CAGR at 31.07%

Key Takeaways

• SBI Gold Fund Direct Growth's NAV stood at ₹42.95 on 29 October 2026, declining 0.64% for the valuation day.
• Its historical returns stood at 16.76% over one year, 31.07% over three years and 22.99% over five years.
• The latest snapshot showed a fund size of ₹17,423 crore and a Direct Growth expense ratio of 0.25%.
• SBI Gold ETF was displayed at 100.16%, offset by 0.29% in TREPS and -0.45% in net current assets and others, reconciling the portfolio to 100%.

Body Text

SBI Gold Fund Direct Growth recorded a NAV of ₹42.95 on 29 October 2026, with the NAV declining 0.64% over the valuation day. Unlike an equity scheme, SBI Gold Fund is classified as a domestic fund of funds and seeks exposure primarily through the underlying SBI Gold ETF.

The scheme's historical return snapshot showed 16.76% over one year, a 31.07% three-year CAGR and a 22.99% five-year annualised return. The maximum-period annualised return was displayed at 10.54%. These figures describe past gold-linked fund performance across separate periods and are not forecasts of future gold prices.

The portfolio accounting deserves specific explanation. SBI Gold ETF was shown at 100.16%, alongside 0.29% in TREPS and -0.45% in net current assets and others. Adding these components gives 100%. The ETF percentage above 100% therefore does not mean the scheme literally owns more than its total net assets in gold exposure; the figure is offset by the negative net-current-assets position. TREPS is a short-term money-market allocation.

The latest fund size stood at ₹17,423 crore, and the Direct Growth expense ratio was 0.25%. Minimum SIP investment was ₹500 and minimum lump-sum investment ₹5,000. The page also showed standard deviation of 5.46 and a Sharpe ratio of 1.43.

The 29 October NAV reflects the fund's per-unit valuation on that date. Historical returns, portfolio accounting and risk statistics provide supporting context but do not establish future changes in gold prices or the fund's NAV.

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