Top gold funds, ETFs post highest risk-adjusted returns
In short
ET Mutual Funds highlighted top gold funds and ETFs for risk-adjusted returns. UTI Gold ETF FoF was the leader with a Sharpe ratio of 1.50. Seven gold funds also gave three-year returns above 30%.
This matters for investors comparing gold schemes, but the report does not say who bought these funds or whether any money moved into them.
What the reporting says
Top gold funds and ETFs were highlighted for their risk-adjusted performance in a publisher-supplied ET Mutual Funds summary. UTI Gold ETF FoF led the list with a Sharpe ratio of 1.50, and seven gold funds posted three-year returns above 30% based on MF Screener data. The report does not say which investors bought them or whether flows changed.
Why it matters
Top gold funds and ETFs were singled out in a publisher summary for strong three-year performance, with UTI Gold ETF FoF cited as the leader on Sharpe ratio at 1.50. The same summary said seven gold funds delivered more than 30% returns over three years. This is relevant for mutual fund investors and gold-themed products, but the source does not provide fund flows, dates, or a reason for the outperformance.