#1
| |||
| |||
![]()
give me the details of SBI Gold fund ?
|
#2
| |||
| |||
![]()
SBI Gold Fund allows you to invest in gold without a Demat account. This fund provides convenience to invest in gold but increases the expenses. SBI Gold Fund invests your money predominantly in Gold ETFs' and a small portion is invested in short term debts or schemes which invest in the money market securities or Liquid Schemes. It has more than 99% exposure to SBI Gold Exchange Traded Scheme (SBI GETS) while around 1% exposure to Cash and Cash Equivalents. SBI Gold fund is Suitable for : Child’s education Child’s Marriage Planning for retirement Home Purchase Future of SBI Gold Fund: Gold prices have historically stayed a few percentage points above inflation in the long term period. In times of economic instability gold can give highest return among other asset classes but it levels out when long term performance is considered. Some Competitors of SBI Gold Fund-Dividend Reliance Gold Savings Fund-Dividend Goldman Sachs Gold Exchange Traded Fund UTI Gold Exchange Traded Fund ICICI Prudential Gold Exchange Traded Fund-Dividend R*Shares Gold Exchange Traded Fund Kotak Gold Exchange Traded Fund HDFC Gold Exchange Traded Fund Religare Gold Fund-Dividend Kotak Gold Fund-Dividend Axis Gold Fund-Dividend
__________________ Answered By StudyChaCha Member |