SBI Gold Fund Direct Growth NAV rises to ₹44.96 on 30 September; 3-Year CAGR at 35.19%

Key Takeaways

• SBI Gold Fund Direct Growth recorded a NAV of ₹44.96 on 30 September 2026 after gaining 0.94%. 
• Its one-year return stood at 26.66%, the three-year CAGR at 35.19%, and the five-year annualised return at 25.14%. 
• The scheme managed approximately ₹17,647 crore and had a Direct Growth expense ratio of 0.24%. 
• SBI Gold ETF accounted for 100.13% of the disclosed portfolio, offset partly by TREPS and net current assets. 

SBI Gold Fund Direct Growth recorded a NAV of ₹44.96 on 30 September 2026, gaining 0.94% from the previous valuation. The scheme is structured as a domestic fund of funds and obtains its principal gold exposure through SBI Gold ETF. Its portfolio should therefore be interpreted through the underlying ETF allocation rather than through company-level equity holdings. 

The one-year return stood at 26.66%. Over three years, the scheme delivered an annualised return of 35.19%, while the five-year CAGR came in at 25.14%. The three-year figure was 10.05 percentage points above the five-year number and 8.53 percentage points higher than the latest one-year return. These are historical trailing returns linked to the respective periods. 

Assets under management stood at approximately ₹17,647 crore. The Direct Growth expense ratio was 0.24%. The minimum SIP investment stood at ₹500, while the minimum lump-sum purchase was ₹5,000. The retrieved profile showed an operating history of 13 years. 

SBI Gold ETF represented 100.13% of the disclosed portfolio. TREPS accounted for 0.37%, and net current assets and others stood at -0.50%. These entries mathematically reconcile to 100%. The ETF weight above 100% therefore reflects the interaction between the underlying ETF position and current asset or liability adjustments. It should not be interpreted as the fund literally owning more than its total assets in gold. 

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