Gold ETF

Exchange Traded Fund: 

Exchange traded funds are investment vehicles traded on the stock exchange.Exchange Traded Funds (ETFs) are innovative products that are available in the USA since 1993.About 60% of trading in American Stock Exchanges takes place in ETFs.ETFs give investors opportunity to buy or sell an entire portfolio, in a single security.They also offer hedging and arbitrage opportunities.They safeguard the interests of long-term investors. Unlike other mutual funds,ETFs are not sold or redeemed at NAV.ETFs enjoy the benefits of diversification, low cost and transparency.There are different types of ETFs – Index ETFs, Commodity ETFs like Gold ETF s, Bond ETFs, Currency ETFs, Actively Managed ETFs, Hedge Fund ETFs, and Leveraged ETFs. They also offer Hedging and Arbitrage opportunities.

Gold ETF

Buying Gold ETF is purchasing gold in electronic form. ETF Buying is just like buying stock of any company from a broker.

Gold ETF makes it easier for you to invest in gold. The investment objective of Gold ETFs is to provide you with returns that closely correspond with the domestic price of real gold. Each Gold ETF unit that buy is roughly equal to the price of 1 gm of gold.They are easy to buy since we can even buy just one gram at a time. Over time, we can build up our gold portfolio to the level we want, just as we would with your bank or jeweler,only this is easier.

No Premium/Making Charges

Its end up paying a premium for gold coins & bars purchased from banks and jewelers charge extra as making charges. With GOLD ETF,Investors don't have to pay any premium, making or delivery charges.Whenever needed,it can also exchange them in multiples of 1kg units for 0.995 purity.

No need to worry about the safety of holding gold and also end up paying for bank lockers. Buying Gold ETF is purchasing gold in electronic form.With Gold ETF,Invested gold is now in demat form there are no worries of theft and also it saves on locker charges.

Gold ETFs can be sold anytime through your broker at transparent prices available for view at NSE'swebsite.Unlike gold coins and bars, which the banks don't buy back and most jewelers only offer to exchange but not buy back.And unlike other forms of gold, you get the same price for your Gold ETF across India.

On Gold ETF,  Pay no sales tax, securities transaction tax, VAT or wealth tax.