SBI Gold Fund Direct Growth NAV Climbs to ₹45.32 on 9 October 2026; 3-Year CAGR at 35.94%

Key Takeaways

• SBI Gold Fund Direct Growth recorded a NAV of ₹45.32 on 9 October 2026, increasing 1.47% over the valuation day. 
• Historical returns stood at 20.66% over one year, 35.94% annualised over three years and 24.84% annualised over five years. 
• The latest portfolio snapshot showed SBI Gold ETF at 100.16%, TREPS at 0.29% and net current assets and others at -0.45%, reconciling to 100% overall. 

SBI Gold Fund Direct Growth's NAV increased 1.47% to ₹45.32 on 9 October 2026. 

The scheme operates as a domestic fund of funds, seeking returns that closely correspond to the performance of SBI Gold ETF. It is therefore structurally different from an equity mutual fund holding a diversified collection of listed companies. 

The underlying gold ETF is the principal investment exposure. Gold-linked valuation changes and the scheme's expenses are relevant to its NAV movement. 

The one-year historical return stood at 20.66%, while the three-year CAGR reached 35.94%. Over five years, the annualised return was 24.84%. 

These percentages describe historical periods and should not be interpreted as expected future returns. 

The latest fund-size display showed ₹17,647 crore and a Direct Growth expense ratio of 0.25%. 

The minimum SIP was ₹500, while the minimum lump-sum investment was ₹5,000. 

Portfolio information showed SBI Gold ETF exposure of 100.16%, TREPS of 0.29% and net current assets and others of -0.45%. 

The ETF allocation exceeding 100% does not mean the scheme literally holds more than its total net assets in gold. The negative net current assets position offsets the other reported components. 

Adding 100.16%, 0.29% and -0.45% produces a total of 100%. 

The reported Sharpe ratio stood at 1.43. The fund also disclosed an exit load of 1% for redemption within 15 days of allotment, with no exit load after that period. 

The NAV reflects the value of the fund's units and is distinct from the quoted price of physical gold or an individual exchange-traded fund unit. 

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