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Clarificaton on gold-etf/fund (Shares & Stock)

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This query is : Resolved


( Author )
03 August 2012

Dear all,
Can anyone plz explain me the difference between Gold ETF and Gold Fund??? which is more beneficial??? how do i invest in them?? Also mention about entry and exit load.
Thank you in advance


CA. SHIVA SHANKARA R. SHETTY

( Expert )
03 August 2012

Gold ETF - fund manager directly invest in the gold and the NAV indicates the approx. one gram gold price.
Gold fund - fund manager will invest in the gold etf

for investing gold etf, you should open demat account. for gold fund you need not open demat account. contact any mutual fund house.

The entry load will be nil. But, the exit load will be depends on the scheme



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