anuragmukherjee28
Moderator
Gold mutual funds are a type of mutual fund that invests in gold bullion, gold mining companies, or gold-related securities. They offer investors a way to participate in the gold market without having to purchase and store physical gold.
Invest in these funds to accumulate gold as an asset class without having to physcially buy gold. These funds invest in Gold ETFs and provide an added advantage of not having to worry about storage costs,safety and liquidity problems concerned with physical gold.
Gold mutual funds invest in a variety of gold-related assets, including:
Here are some of the best gold mutual funds in India:
Invest in these funds to accumulate gold as an asset class without having to physcially buy gold. These funds invest in Gold ETFs and provide an added advantage of not having to worry about storage costs,safety and liquidity problems concerned with physical gold.
Gold mutual funds invest in a variety of gold-related assets, including:
- Physical gold: This is the most direct way to invest in gold. Gold mutual funds may hold physical gold bullion in vaults or may invest in gold futures contracts.
- Gold mining companies: Gold mutual funds may also invest in stocks of companies that mine or refine gold. This can give investors exposure to the potential for profits from the gold mining industry.
- Gold-related securities: Gold mutual funds may also invest in other gold-related securities, such as exchange-traded funds (ETFs) that track the price of gold.
Here are some of the best gold mutual funds in India:
- Axis Gold Fund Direct Plan-Growth
- HDFC Gold Direct Plan-Growth
- Kotak Gold Fund Direct-Growth
- SBI Gold Fund Direct Plan-Growth
- ICICI Prudential Regular Gold Savings Fund (FOF) Direct-Growth
