The suggested investment horizon is the minimum time required for holding. SBI Gold Fund allows you to invest in gold without having a Demat account (which is a requirement for ETFs). SBI Gold Fund is a %26 fund fund that will invest in SBI Gold ETS. This fund provides convenience for investing in gold, but increases expenses.
I believe that the demand of the “unbanked masses” and of people who have not yet invested in stocks will keep the value of gold high for some time. Sometimes gold is the best, sometimes the real estate market, sometimes equities, so it's wise to invest in different asset classes. Gold may double or triple compared to the current price or it may fall by half, but your financial decision will make no difference in my life, in that of your agent or in that of the asset management firm. Get an analysis of your portfolio along with general and practical tips and ideas, guidance on where to invest based on your objectives, and expert opinions on mutual funds and individual stocks.
Therefore, invest in a gold fund once you have created a well-diversified portfolio of equity mutual funds with a portfolio allocation of 5 to 10% to gold. I agree with you on this: gold should be a small part of the asset allocation and the reason for buying gold should not be the increase in price. The scheme seeks to provide returns that closely correspond to the returns provided by the SBI Gold Exchange Coded Scheme (SBI GETS). The scheme seeks to provide returns that closely correspond to the returns provided by the SBI Gold Exchange Traded Scheme (SBIGETS).
Gold price movements are not rocket science: when the world has excessive liquidity (more dollars), it continues. If you have invested in SBI Gold Fund from anywhere else, you can go to the fund house's website and make an application through it. Investment objective: The scheme seeks to provide returns that closely correspond to the returns provided by the SBI Gold Exchange Coded Scheme (SBI GETS). He has also correctly pointed out that equities are the best asset class for long-term investment and offer better returns.
A mutual fund's spending ratio is the annual fees you pay to the mutual fund company for managing your investments in that fund.