Invest in Gold –Birlasunlife Launches Gold ETF
Gold is one of the precious commodities available in the earth and is considered as one of the safest haven for investing your hard earned money. It is similar to investing in land or shares of reputed companies. Most of the developed countries and emerging economies have significant investment in Gold.
Why Gold ETF?
There are two ways of investing in Gold. You should either buy physical gold or invest in ETF or any other gold schemes. There are many disadvantages while investing in Physical gold. It is really difficult to keep the physical gold safe, as there are chances of theft. In that case, there are many chances of losing your hard earned money. But investing in gold ETF (exchange traded schemes) is a less risky investment as you do not have to worry about the safety of the gold. You would be buying units which would be trading in the exchange and the units would be available in electronic format in your demat account. You can sell the electronic units whenever needed.
Birla Sunlife Gold ETF:
Birla Sunlife Mutual fund, which is one of the trusted mutual fund companies in india, has launched “Gold ETF” scheme. It is an Open Ended Gold ETF Scheme.
NFO Open date: 25th April, 2011
NFO Close date: 9th May, 2011
Face Value: Rs 10 per unit
Investment Objective:
The main objective is to generate returns in line with the performance of the gold prices. The performance would be subject to tracking error.
Benchmark: Price of Physical Gold
Happy Investing!!
Disclaimer:
“Mutual Funds and securities investments are subject to market risks and there is no assurance or guarantee that the objectives of the Scheme will be achieved. Please read the Statement of Additional Information and Scheme Information Document carefully before investing”.
“In Mutual Funds, the past performance is not guaranteed in future”.
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