Best Gold Mutual Fund to invest

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You don't need any advice on gold funds, because all gold ETFs and gold funds are alike. All of them invest in gold, and their value goes up and down in line with the price of gold. All such funds invest in exactly the same manner and follow the same structure. You can either buy a gold ETF, or an open-end gold fund that will in turn invest in gold ETF. The only difference between them is in their costs, wherein gold ETFs are cheaper. Their returns are also similar; even if there is a difference, it is in the second decimal point, which isn't meaningful enough to have any impact. There is a third kind of gold fund, which invests in gold mining companies. These funds are high-octane schemes. They do well when gold prices go up, but struggle when gold prices fall.

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Best Performing Mutual Funds

1. Largecap Funds:
1. DSP BlackRock Top 100 Fund
2. ICICI Prudential Focused Blue Chip Fund
3. Birla Sun Life Front Line Equity Fund
2. Large and Midcap Funds
1. ICICI Prudential Dynamic Plan
2. HDFC Top 200 Fund
3. UTI Dividend Yield Fund
3. Mid and SmallCap Funds
1. Reliance Equity Opportunities Fund
2. DSP BlackRock Small & Midcap Fund
3. Sundaram Select Midcap
4. IDFC Premier Equity Fund
4. Small and MicroCap Funds
1. DSP BlackRock MicroCap Fund
5. Sector Funds
1. Reliance Banking Fund
2. Reliance Banking Fund
6. Gold Mutual Funds
1. Relaince Gold Savings Fund
2. ICICI Prudential Regular Gold Savings Fund
3. HDFC Gold Fund