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Q.

I want to invest 50,000 in Non-tax saving Gold ETF Mutual Funds. Please suggest which Companys fund I should buy and also suggest whether is it now a good time to invest in Gold ETF?

Asked by Saikat, 18 Sep '12 12:36 pm
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Answers (3)

1.

Hi Saikat,

You can invest in any of the Gold ETF's available since almost all of these funds return you similar returns. This is mainly because of gold being a single instrument and price being the same for every fund manager. For ex., in equity funds there are multiple stocks which the fund managers keeps buying and selling. However, in the case of gold there aren't multiple options and hence, the similarity in returns.

However, to invest in ETF's you would require a Demat and a trading account.

Regards,
UnbiasedAdvisory.com
The first ever advisory in India without conflict of interest
Answered by unbiased advisory, 30 Oct '12 10:49 pm

 
  
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2.

It is a good time to invest in Gold. It is considering the best alternative of forex and stock trading. You can invest in AVAFX. It is a regulated broker.
Answered by Carlos joy, 28 Sep '12 04:15 pm

 
  
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3.

Invest in goldbees but to do that u have to have a demat account and a trading account with a broker
Answered by iqbal seth, 18 Sep '12 12:43 pm

 
  
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