12 October 2011

The best way to invest in Gold is to invest through "Gold ETF"

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The best way to invest in Gold is to invest through "Gold ETF", easiest & cheapest way of investing in Gold. 
 
Salient features of Gold ETF:
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  • Open ended fund which would invest in gold and track the spot price of gold.
  • Investment in Gold without taking physical delivery of Gold - totally avoids risk of theft.
  • Each unit of Gold ETF is approximately equal to 1 gram of Gold.
  • Purchases can be made thru' our NSE terminals, just like purchasing a Share.
  • Units will get credited in your Demat account, again like Shares. 
  • Gold ETF prices are normally 2-3% cheaper than the price of pure gold.  
New Fund Offer from IDBI MF :
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"IDBI Gold ETF" opens on 19/10/2011 & closes on 02/11/2011.
 
Select list of existing Gold ETFs.

Fund NameLaunch DateNAV As on 11.10.2011 (Rs.)Return as a % as on 11.10.2011
1 Yr3 YrsSince Inception
Goldman Sachs Gold ETF (Ex-Benchmark)Feb – 20072550.9333.8921.0624.30
Kotak Gold ETFJul – 20072560.1034.4821.0928.93
Reliance Gold ETFNov - 20072493.0834.6221.0325.65
Religare Gold ETFFeb - 20102631.4734.44
-
32.93
 
Safest....Purest.....Cheapest..... Easiest..... "Gold ETF" - a Golden opportunity to invest in Gold.

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