Friday, 26 August 2011

SBI Gold Fund,Conveniently Invest in Gold

Investment in Gold always proves that it is a good method of investment. The main advantage is that the value always shows an upwards trend. When we compare investment in gold with investment in stock exchange, there is always an uncertainty in stock value.  We cannot predict the value of a stock will raise or fall. A Highly experienced person may foresee the changes of stock value. But for an ordinary man it is still a gambling.

When you invest in gold for expecting profit, it is not necessary to invest in physical gold. You can go for a gold mutual fund or gold exchange traded fund. You can escape from the risk of keeping pure gold and at the same time you can transact through online with or without the help of a demat account. SBI gold fund is such a gold fund where you can invest in gold through mutual fund.

SBI Gold Fund is an open ended Fund of Fund (FOF) scheme that invests in the units of SBI Gold Exchange Traded Scheme (SBI GETS). The scheme provides returns of SBI Gold Exchange Traded Scheme (SBI GETS). One can invest in SBI Gold fund just like you invest in any mutual fund without the help of a demat account, which gives you the same benefit of investing in gold, but more convenient than invest in physical gold.

Benefits of SBI Gold Fund

No need of a Demat Account for investing in SBI Gold Fund.

You can invest in SBI gold fund without having a demat account and at the same time you can invest in convenient units of the fund, whether it is smaller or bigger.

SBI Gold fund offer high liquidity

You can invest or redeem at any time on all business days in this gold fund as it is an open ended fund. The Gold fund is more liquid than that of physical gold.

SBI Gold Fund is less expensive

If you invest through a demat account, you have to pay annual maintenance charge of demat account, delivery or brokerage charges, transaction charges etc. but for SBI gold fund, you have to pay only recurring expenses and other mutual fund related expenses, which may comparatively be very less.

Guaranteed Purity & Security

The SBI gold fund invest in SBI Gold Exchange Traded Fund (SBI GETS) and the gold, SBI GETS invested in is pure and kept safe with the custodian.

You can invest through SIP

SBI Gold fund allows you to invest in Systematic Investment Plan (SIP) which enables you to invest in regular saving in small convenient amounts in convenient intervals.

With SBI Gold fund you can safely invest in gold and can reap the profit of investing in real physical gold. The SBI GETS invest in pure physical gold and the SBI gold fund invest in SBI GETS which allows you to get the profit of investing in real gold.

Related Posts

Why should you invest in gold?

Quantum Gold Savings Fund (QGSF)

Gold investment – different methods

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