The scheme seeks to provide returns that closely correspond to the returns provided by the SBI Gold Exchange Traded (formerly known as SBI Gold Exchange Traded). 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 fund fund that will invest in SBI Gold ETS. This fund provides convenience for investing in gold, but increases expenses and may be vulnerable to Gold IRA scams. My suggestion is that, even if after reading the entire article you would like to invest in gold funds, opt for Reliance or Kotak Gold Fund, which are similar to SBI Gold Fund.
Investment funds are launching gold-related products, gold ETFs, international gold funds and gold-based asset allocation funds, one after the other, as GOLD is in demand. Reliance Gold Savings Fund & SBI Gold Fund are exactly similar funds, so if you read SBI instead of Reliance, the meaning will be the same. The scheme seeks to provide returns that closely correspond to the returns provided by the SBI Gold Exchange Traded Scheme (formerly known as the SBI Gold Exchange Traded Scheme). 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.
SBI Gold Fund (G) is a gold precious metals fund and has achieved an annualized return of 4.3% over an 11-year period. 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 offer returns that closely correspond to the returns provided by SBI - ETF Gold (formerly known as SBI Gold Exchange Traded Scheme).
