Gold as a precious metal is revered in most Indian households. It is a symbol of status and wealth, and gold jewellery is an essential part of weddings and other festivities. But there is more to gold than just those qualities. It can be an important component of one’s investment portfolio, helping investors diversify risk and protecting them against inflation. But gold investments need not always be in physical form, you can digitally or indirectly invest in gold as well, and one way to do that is through gold mutual funds.
But what are gold mutual funds exactly? How do you go about investing in them? And more importantly, how can investors benefit? Read on to find out more.
Disclaimer:
The information herein is meant only for general reading purposes and the views being expressed only constitute opinions and therefore cannot be considered as guidelines, recommendations or as a professional guide for the readers. The document has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. The sponsor, the Investment Manager, the Trustee or any of their directors, employees, associates or representatives (“entities & their associates”) do not assume any responsibility for, or warrant the accuracy, completeness, adequacy and reliability of such information. Recipients of this information are advised to rely on their own analysis, interpretations & investigations. Readers are also advised to seek independent professional advice in order to arrive at an informed investment decision. Entities & their associates including persons involved in the preparation or issuance of this material shall not be liable in any way for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including on account of lost profits arising from the information contained in this material. Recipient alone shall be fully responsible for any decision taken on the basis of this document.