7 gold funds resume lump sum subscriptions in August. How have they performed?

Amid rising gold prices, lump sum subscriptions in as many as seven gold funds, including gold exchange-traded funds (ETFs) and gold mutual fund schemes, have resumed in August.

On August 21, 2026, Tata Mutual Fund announced its decision to resume subscription to units in Tata Gold Exchange Traded Fund (Tata Gold ETF) and Tata Gold ETF Fund of Fund (Tata Gold ETF FOF).

"In view of the normalization of market conditions, it has now been decided to resume subscription transactions by large investors directly with Tata Mutual Fund (i.e. investors making investment of ₹25 crore & above) in Tata Gold ETF. Additionally, applications for Lumpsum purchases and switch-ins to the Tata Gold ETF FOF will now be accepted without any investment limit restrictions," Tata Mutual Fund said.

Earlier, with effect from June 8, Tata Mutual Fund had temporarily restricted subscription transactions by large investors in Tata Gold ETF. It had also restricted lump sum purchases/switch-ins into Tata Gold ETF FOF with a limit of ₹10 lakh per pan per calendar month.

Invesco Mutual Fund has removed temporary restriction on lumpsum subscriptions in Invesco India Gold ETF and Invesco India Gold ETF FOF, imposed on June 12, 2026. Accordingly, both schemes will resume accepting subscriptions through lumpsum purchases/switch-ins without any restrictions with effect from August 24, 2026.

Axis Mutual Fund has also announced resumption of lumpsum subscriptions in Axis Gold ETF and Axis Gold Fund with effect from August 18, 2026. Subscription transactions by large investors (investing more than ₹25 crore) is now allowed in Axis Gold ETF while Axis Gold Fund has resumed lumpsum purchase/switch-ins without any restrictions.

"Further to the addendum dated June 4, 2026, on temporary restrictions on lump-sum subscriptions in HDFC Gold ETF and HDFC Gold ETF Fund of Fund, HDFC Mutual Fund has informed that it has now decided to resume subscriptions in HDFC Gold ETF Fund of Fund," HDFC Asset Management Company said in an addendum.

How have these schemes performed?

All the exchange traded funds in the above list have delivered almost similar returns over 1-, 3-, and 5-year periods. The gold funds have also delivered similar returns. Of these, Tata Gold Fund and Gold ETF FOF are the youngest schemes with a track record of less than three years.