Comment
Author: Admin | 2025-04-28
Suggest a new DefinitionProposed definitions will be considered for inclusion in the Economictimes.comMutual-FundPREV DEFINITIONGilt FundsGilt Funds are preferred by risk averse and conservative investors who wish to invest in the shadow of secure government bonds.Read MoreNEXT DEFINITION Definition: Gold fund, as the name suggests, invests in various forms of gold. It can be in the form of physical gold or stocks of gold mining companies. Gold funds which invest in physical gold offer investors the convenience of buying pure gold at low cost. There is no possibility of theft and you can sell these units at market linked prices anytime. Description: There are various types of gold funds across the globe: Gold Mining Funds: These funds invest in gold mining companies and returns from such funds are dependent on the performance of these companies. Investment demand for gold is borne out of the economic uncertainties as gold is considered to be a safe heaven when equity markets are tumbling. Dichotomy between demand and supply also govern the gold prices. Gold ETFs: Gold ETFs are exchange traded funds where the underlying asset is gold. Therefore, value of gold ETF depends upon the price of gold. One needs a demat account to invest in an ETF. The concept of gold ETFs in India was first introduced by Benchmark Asset Management Company, in India. Gold Fund of Fund (FoF): Gold FoF invests in the units of gold ETF and does not require a demat account. Also See: Debt Fund, Liquid Fund, Arbitrage Fund, Equity, Mutual Fund, Hybrid Fund, Commodity Fund How does a Gold Fund work? Watch video...PREV DEFINITIONGilt FundsGilt Funds are preferred by risk averse and conservative investors who wish to invest in the shadow of secure government bonds.Read MoreNEXT DEFINITIONRelated News26,000 on Nifty is doable, but the path will be full of many more corrections: Ajay BaggaAjay Bagga, Market Expert, suggests that if the Ukraine war ends and oil prices ...Zerodha Mutual Fund reduces minimum amount criteria for Zerodha Gold ETF FoFZerodha Mutual Fund has revised the minimum investment amount for its Gold ETF F...Gold Price Today: Gold gains Rs 1,900/10 gm in 1 week; silver surges by Rs 2,350/kgIn the last one week, gold prices have surged by Rs 1,900 per 10 gram while silv...Elevated gold prices to restrain jewellery consumption growth to 6-8% in FY25: ICRAICRA forecasts a slowdown in India's jewellery consumption growth to 6-8% in FY2...19% annual returns in 10 years on buying gold on Akshaya Tritiya; should you invest in gold this year too?Gold price has increased by 18% to Rs 71,502 for 10 grams with 999 purity since ...Global gold demand at all-time high in 2023 backed by central bank purchasesThe global demand for gold
Add Comment