10 replies on this article “GOLD ETF Investment – Best option”

1. Ragavan says:

   August 26, 2012 at 12:37 am

   plz elaborate on SIP or STP option. How to opt for it. What are charges how to redeem. Is this bet than gen mutual funds on getting returns.

   I dont like to trade with golds. I wud rather use SIPs to invest. Now issue is which to choose Gen MFs SIPs or Gold ETFs funds like SBI GOLD ETF or ICICI whch are giving great returns

   Reply
   1. Ashal Jauhari says:

      August 26, 2012 at 12:45 am

      Dear Ragavan, in the light of the last reply, Please do nothing as of now. Please devote some time to read & understand. be it Gold based MFs or General MFs in your own language. All MFs are same, at least in working principal – To collect small amounts from so many small investors & then invest that amount into a single asset class like Shares or Gold or Debt papers or in a mix of these asset classes.

      Please read first & do not think of any return from your investment at this juncture, till you finish your readings.

      Thanks

      Ashal

      Reply
      1. Ragavan says:

         August 26, 2012 at 1:28 am

         k i ll start with QLET 1st.
         can u say which is good fund to start with min invst.
         i plan to start with 1k sips pm

         Reply
         1. Ashal Jauhari says:

            August 26, 2012 at 1:35 am

            Dear Ragavan, you may start with HDFC Prudence as your first fund. You may invest 1K Rs. mly as SIP amount.

            Thanks

            Ashal

            Reply
2. Ashal Jauhari says:

   August 25, 2012 at 11:36 pm

   Dear Ragavan, instead of answering your query dierectly. I w’d like to know from you – Are you aware of Stock ETF? If yes, please share the info on the same.

   Thanks

   Ashal

   Reply
   1. Ragavan says:

      August 26, 2012 at 12:11 am

      no i have no idea of wat is stock etf. i have read abt gold etf. their performances and all such. so just wanted to get insight of ppl here

      Reply
      1. Ashal Jauhari says:

         August 26, 2012 at 12:12 am

         Dear Ragavan, No issue. Next question, Do you have a Demat account in your name for share trading & investments?

         Thanks

         Ashal

         Reply
         1. Ragavan says:

            August 26, 2012 at 12:28 am

            No. i dont have. I thought its just funds so cant opt for SIPs. it was in Demat form i cme to know last week. So only i thought to find best option to deal with it. So i asked how to transact in it. With lessor charges and its basics all details

            Reply
            1. Ashal Jauhari says:

               August 26, 2012 at 12:32 am

               Dear Ragavan, here are the details. Gold ETF stands for Gold Exchange Traded Fund.

               As the name suggests, this is a MF where the underlying asset is pure Gold but the difference lies in the fact that you can sell & purchase the units of this Gold ETF just like any other share listed in the exchanges. So having a Demat account is a precondition to invest in Gold ETF.

               Alternate route & that too using SIPs & STPs in gold ETF is available via feeder funds. These feeder funds are called as Gold saving funds. You ‘ll invest your SIPs or STPs in to these gold saving funds & then on behalf of you, these funds ‘ll invest that money into Gold ETF of the same AMC.

               To invest or not to invest in Gold ETF or Gold saving funds ‘ll be a personal call.

               Thanks

               Ashal

               Reply
3. sanjay says:

   August 25, 2012 at 8:18 pm

   Dear Ragavan, sip is the best choice of investors for investment in gold.But there is no sip option.

   Regards,
   Sanjay

   Reply

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