This #AkshayTritiya buy gold smartly in this 3 ways 💛
• Gold Exchange Traded Fund (Gold ETF)
• Gold Savings Fund
• Sovereign Gold Bonds
Let’s dig deep ⤵️
#gold
• Gold Exchange Traded Fund (Gold ETF)
• Gold Savings Fund
• Sovereign Gold Bonds
Let’s dig deep ⤵️
#gold
▣ Gold ETF 💰
Representing physical gold in dematerialised form. 1 Gold ETF unit is equal to 1 gram of gold.
All you need is a demat & trading account, and you could purchase it just like shares. Units will be backed by 0.995 finesse of physical gold by the fund house.
Representing physical gold in dematerialised form. 1 Gold ETF unit is equal to 1 gram of gold.
All you need is a demat & trading account, and you could purchase it just like shares. Units will be backed by 0.995 finesse of physical gold by the fund house.
▣ Gold Savings Fund 💵
It’s an open-ended Fund of Funds scheme that invests its corpus into an underlying Gold ETF, which, in turn, invests in physical gold & you don’t require a Demat A/c & Trading A/c to buy units.
You may even start SIP of as little as Rs 500 per month.
It’s an open-ended Fund of Funds scheme that invests its corpus into an underlying Gold ETF, which, in turn, invests in physical gold & you don’t require a Demat A/c & Trading A/c to buy units.
You may even start SIP of as little as Rs 500 per month.
▣ SGB 💴
Sovereign Gold Bonds are issued by the Reserve Bank of India (RBI). The tenure of the bond is 8 years (with a 5-year lock-in period) & SGBs earn you interest at 2.5% p.a. The minimum investment is 1 gram of gold, while the maximum is 4 kgs per fiscal year.
Sovereign Gold Bonds are issued by the Reserve Bank of India (RBI). The tenure of the bond is 8 years (with a 5-year lock-in period) & SGBs earn you interest at 2.5% p.a. The minimum investment is 1 gram of gold, while the maximum is 4 kgs per fiscal year.
If you want to know more in detail about Gold investment and other Asset classes. Visit our fun video course on Personal Finance Planning.
Link: quest.finology.in/courses/person…
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Link: quest.finology.in/courses/person…
And if you like the tweet hit the Retweet button 🔄 and make you people aware.
#StockMarket #finance
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