SBI Gold Fund Direct Growth NAV at ₹42.50 on 30 October 2026; SBI Gold ETF Remains Core Portfolio Exposure

Key Takeaways

• SBI Gold Fund Direct Growth recorded a NAV of ₹42.50 for the 30 October 2026 valuation date.
• The latest 5paisa supporting snapshot showed one-, three- and five-year returns of 15.78%, 30.40% and 22.72%, respectively.
• Fund size stood at ₹17,423 crore and the 5paisa Direct Growth expense ratio was 0.25%.
• SBI Gold ETF represented 100.16%, TREPS 0.29% and net current assets and others -0.45%, with the three figures reconciling to 100%.

SBI Gold Fund Direct Growth recorded a NAV of ₹42.50 for the 30 October 2026 valuation date. Unlike an equity mutual fund, the scheme is structured as a domestic fund of funds whose objective is to provide returns that closely correspond with SBI Gold ETF. Its performance should therefore be assessed in the context of domestic gold prices rather than equity-stock movements.

The latest supporting 5paisa snapshot showed a one-year return of 15.78%, a three-year annualised return of 30.40% and a five-year return of 22.72%. Fund size stood at ₹17,423 crore and the Direct Growth expense ratio displayed by 5paisa was 0.25%. Minimum SIP was ₹500 and minimum lump-sum investment was ₹5,000.

Portfolio accounting requires particular care for this scheme. SBI Gold ETF accounted for 100.16% of the displayed portfolio, while TREPS represented 0.29% and net current assets and others stood at -0.45%. These three components reconcile to 100.00%. The ETF percentage above 100% therefore does not mean that the fund literally owns more than 100% of its net assets in gold. It reflects the interaction between the ETF position and other positive and negative portfolio balances.

TREPS is also a short-term liquidity or money-market position and should not be described as an equity holding. Historical returns for a gold-oriented scheme can differ materially from equity-fund returns because the primary driver is the domestic price of gold and the underlying ETF structure.

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