Clarificaton on gold-etf/fund
This query is : Resolved
Archana Das
(Querist)
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
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
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
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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