Comparison of Gold Mutual Fund Returns
Currently there are 10 Gold Funds in the market and comparison of returns of gold savings funds :
- ICICI Prudential Gold Savings Fund
- HDFC Gold Fund
- SBI Gold Fund
- Kotak Gold Fund
- Reliance Gold Savings Fund
- Quantum Gold Savings Fund
- Religare Invesco Gold Fund
- Axis Gold Fund
- Birla SunLife Gold Fund
- Canara Robeco Gold Savings Fund
The returns of all ETFs are similar as these are passive funds and track gold price movements. However, the difference between returns are because of effective utilisation of cash (5-10% of portfolio)