Question 1

Which funds are similar to Nippon India Gold Savings Fund Direct-Growth?

Accepted Answer

Funds similar to Nippon India Gold Savings Fund Direct-Growth in the Commodities: Gold category include SBI Gold Direct Plan-Growth, HDFC Gold ETF Fund of Fund Direct Plan-Growth, and Kotak Gold Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.

Question 2

What is the rank of Nippon India Gold Savings Fund Direct-Growth in its category?

Accepted Answer

On a 3-year return basis Nippon India Gold Savings Fund Direct-Growth is ranked 9 out of 11 funds in the Commodities: Gold category as of 16 Jul 2026. On a 5-year return basis it ranks 9 out of 10. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.

Question 3

How does Nippon India Gold Savings Fund Direct-Growth's expense ratio compare to similar funds?

Accepted Answer

Nippon India Gold Savings Fund Direct-Growth has an expense ratio of 0.05%. The peers SBI Gold Direct Plan-Growth has an expense ratio of 0.24% and HDFC Gold ETF Fund of Fund Direct Plan-Growth has 0.20%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.

Question 4

How does Nippon India Gold Savings Fund Direct-Growth's AUM compare to similar funds?

Accepted Answer

Nippon India Gold Savings Fund Direct-Growth has an AUM of ₹6,853.99 crore. The peers SBI Gold Direct Plan-Growth has an AUM of ₹15,294.3 crore and HDFC Gold ETF Fund of Fund Direct Plan-Growth has ₹11,019.5 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.

Question 5

Which fund has the best 3-year returns in the Commodities: Gold?

Accepted Answer

The top performing fund in the Commodities: Gold category on a 3-year basis is UTI Gold ETF FoF Direct-Growth with a CAGR of 32.57% as of 16 Jul 2026. Nippon India Gold Savings Fund Direct-Growth has delivered 31.75% CAGR over the same period, ranking 9 out of 11 funds. You can view and compare the full category ranking on sharpely.

Question 6

How does Nippon India Gold Savings Fund Direct-Growth rank in risk-adjusted returns vs peers?

Accepted Answer

On a risk-adjusted basis, Nippon India Gold Savings Fund Direct-Growth has a Sharpe ratio of 1.26 compared to the Commodities: Gold average of 1.34 as of 16 Jul 2026. It ranks 11 out of 11 funds in its category on Sharpe ratio.

Period	This Fund	Category Avg	Category Rank
1Y Return	+42.93%	42.97%	12 / 17
3Y Return	+31.75%	31.95%	9 / 11
5Y Return	+22.53%	22.73%	9 / 10
10Y Return	+15.19%	15.23%	8 / 10

Nippon India Gold Savings Fund Direct-Growth

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Funds in Commodities: Gold

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Funds in Commodities: Gold

Frequently Asked Questions