Why Gold Funds should be a part of your investment plan
The shine of gold has always held us Indians in thrall, either as ornaments or jewelry or as investment instrument. India has always been among top consumer of gold in the world. Gold funds are mutual funds which invest in physical gold and usually available in the form of exchange-traded funds (ETFs) or Gold Savings Fund. Gold funds offer a convenient way to invest in gold without incurring high storage costs and being free of the fear of theft associated with directly owning physical gold.
- Ideal for those who like to diversify their investments across asset classes
- Gold is considered to be negatively correlated to equities (when equities go up gold goes down and vice versa) but given the limited supply and uncertain demand - gold prices can be volatile sometimes
- Investing through SIP in Gold Savings fund is one of the best way to invest in gold
Fund Returns
- Monthly SIP
- Lumpsum Investment
- 1 Year
- 3 Years
- 5 Years
- 10 Years
Quantum Gold Savings Fund
Gold
Gold Savings-
₹42,691
-
11.38%
-
6.59%
-
-
Aditya Birla Sun Life Gold Fund
Gold
Gold Savings-
₹42,638
-
11.30%
-
6.59%
-
-
ICICI Prudential Regular Gold Savings Fund (FoF)
Gold
Gold Savings-
₹42,563
-
11.18%
-
6.59%
-
-
Nippon India Gold Savings Fund
Gold
Gold Savings-
₹42,540
-
11.14%
-
6.59%
-
-
Kotak Gold Fund Open Ended Fund Of Funds
Gold
Gold Savings-
₹42,436
-
10.97%
-
6.59%
-
-
Invesco India Gold Fund
Gold
Gold Savings-
₹42,388
-
10.89%
-
6.59%
-
-