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POSTED BY ON May 2, 2011 11:48 pm COMMENTS (3)
Hi All,
How is buying gold different in Gold MF and Gold ETF different?
Which is less cheaper in terms of additional cost like brokerage, tax, exist load….?
Is there is any better way to buy demat version of Gold? If yes, then details, please.
Thanks
Sunil Kumar
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@sunil kumar
Gold prices are rising in the past five years because global investors believe that gold to be safe asset as dollar will loose its value over the time to bloating debt in US govt balance sheet i.e. they are ditching dollars and taking shelter in gold…..
The above condition can reverse if
1. US federal reserve start to act prudently like our RBI or
2. Their economy and unemployment recovers miraculously……
For the dollar and rupee relationship on gold, u can read the following 2 articles to know more – http://moneylife.in/article/gold-all-told/15410.html#comment-12950#comment-13354 and http://www.tflindia.in/2010/07/should-indians-buy-gold-now.html
Regards
Jagadees
Thank you very much for sharing your insight. Can you please clarify as how the gold price can go down after 5yrs(just taking some yrs)? How is it linked to Rs Vs Dollar ratio?
@Sunil kumar
To invest in Gold ETF we need demat account which will have transaction charges each time u purchase and annual maintanence charges…..
Gold MF product designed by fund house for people who want to invest in gold but dont have demat account. This gold fund is Funds of Funds scheme, so bascially they invest in gold ETF on behalf of investor money pooled…..
NSDL has option to invest in e-gold…..
You can visit this moneylife article to compare advantages, disadvantages, cost involved for the various gold investment options – http://moneylife.in/article/gold-option/15959.html
I am really amazed in sudden jump in investors interest in commodities. If you graze through the recent forum questions, u will feel tat….so here is the standard disclaimer: Remember greater fool theory. Dont jump into the bandwagon of commodities just because it is keep rising for the past few years……Please analyze the pros and cons before investing in the commodities…… Try to keep within 10-15% of ur investment portfolio and diversify across all asset classes…..
Regards
Jagadees