Top Gold Mutual Funds Achieving Over 18% Returns in the Past Year
Gold mutual funds are getting popular with investors because gold prices have hit a new high of over Rs.74,000 per 10 grams. This rise might make more people consider investing in these funds.
For investors aiming to benefit from this trend, Value Research highlights five gold mutual funds that have provided returns exceeding 18% in the past year:
1. HDFC Gold Fund has given a return of 18.73% over one year with an expense ratio of 0.49%.
2. SBI Gold Fund delivered a 19.07% return over the past year, with an expense ratio of 0.42%.
3. Axis Gold Fund gave an 18.95% return over the past year and has an expense ratio of 0.50%.
4. Nippon India Gold Savings Fund, which is highly rated, provided an 18.72% return over the past year and has an expense ratio of 0.35%.
5. Kotak Gold Fund Regular Plan is also rated highly with high opinion, achieving an 18.99% return over one year and a 0.50% expense ratio.
