SBI Gold Fund Direct Growth NAV at ₹44.66 on 8 October 2026; Three-Year CAGR Stands at 35.75%

Key Takeaways

• SBI Gold Fund Direct Growth recorded a NAV of ₹44.66 on 8 October 2026, declining 0.12% over the day. 
• Historical performance stood at 19.10% over one year, 35.75% annualised over three years and 24.49% annualised over five years. 
• The latest displayed fund size was ₹17,647 crore, with a Direct Growth expense ratio of 0.25%. 
• SBI Gold ETF at 100.13%, TREPS at 0.37%, and net current assets and others at -0.50% reconciled to 100%. 

SBI Gold Fund Direct Growth recorded a NAV of ₹44.66 for 8 October 2026. Its primary NAV card showed a one-day decline of 0.12%. The scheme is a gold-oriented fund of funds, with exposure primarily through SBI Gold ETF rather than a portfolio of listed equity companies. 

The latest allocation display showed SBI Gold ETF at 100.13%. TREPS accounted for 0.37%, and net current assets and others stood at -0.50%. Adding these three figures gives a total of 100.00%. 

The ETF entry above 100% therefore needs to be read with the offsetting net-current-assets figure. It does not mean that the fund literally owns more than all its assets in gold. The displayed percentages describe an accounting allocation in which the negative balance offsets the ETF and liquidity positions. 

TREPS is a money-market exposure, distinct from both the underlying gold ETF and listed equities. The negative net-current-assets entry also should not be treated as a negative equity holding. Together, these classifications preserve the structure of the reported portfolio. 

The performance section dated 8 October showed a one-year return of 19.10%. Three-year CAGR stood at 35.75%, and the five-year annualised return was 24.49%. The three-year figure exceeded the five-year measure by 11.26 percentage points. These are historical fund returns, rather than a forecast for gold prices or future NAVs. 

The latest fund-size display showed ₹17,647 crore. The Direct Growth expense ratio was 0.25%, with minimum SIP and lump-sum amounts of ₹500 and ₹5,000, respectively. The expense figure is the displayed fund-level ratio; it should not be described as a verified combined cost for every layer of the fund-of-funds structure. 

The scheme’s stated objective seeks returns closely corresponding to SBI Gold ETF. The verified daily NAV movement describes the fund unit’s change, but does not independently establish the day’s physical gold-price movement or the exact contribution of each portfolio component. NAV, Returns & Performance 

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