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Top 5 Gold Mutual Funds in 2023

Top 5 Gold Funds in 2023 Gold funds work by pooling money from multiple investors. It then uses this pool of money to invest in Gold ETFs. Gold is considered to be a highly effective portfolio diversifier due to its low or negative correlation with all other major asset classes. You can invest in a gold mutual fund through SIP or lump sum, without a Demat account. Axis Gold Fund Direct Plan - Growth is Number 1 in the Gold Funds category as per 3-year returns, which stands at 8.03%. The other Gold Funds are Invesco India Gold Fund Direct Plan Growth, Aditya Birla Sun Life Gold Fund - Direct Plan - Growth, SBI Gold Fund - Direct Plan - Growth and HDFC Gold Fund Direct Plan - Growth. Experts suggest that you must limit your investment in gold to 5-10% of your total portfolio. Subscribe to Groww Mutual Fund Channel : http://bit.ly/2FX57wj We also have a Kannada, Tamil, Telugu & a Malayalam channel Please subscribe here: 👉 Groww Kannada - https://bit.ly/3ekyeKP 👉 Groww Tamil - https://bit.ly/3cbhN3Z 👉 Groww Telugu - https://bit.ly/39aLpwC 👉 Groww Malayalam https://bit.ly/3enG2LV Follow us on: Facebook:   / growwapp   Twitter:   / _groww   Instagram:   / groww_official   LinkedIn:   / groww.in   #groww #mutualfund Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.