Gold is forever, a saying like icing on gold has always been telling the import of gold. The effect of this is that not only India, the demand for gold remains around the world and the result of this is that the price of 24 carat 10 grams of gold reached Rs 96450 in the capital Delhi.
The result of rising gold price and demand is that instead of investing in physical gold in the country, the government has given options to invest in gold ETF, gold funds, sovereign gold bonds (SGB) and digital gold. If you want to invest in gold only for good returns, then you are the best options for gold ETF, gold funds, sovereign gold bonds (SGB) and digital gold. We are telling you in detail about them here.
Gold ETF
There is a type of mutual fund which is traded on the stock exchange. In this, investors invest in gold of 99.5% or more purity in electronic form. It requires a demat account and can be purchased and sold like a share. This is a safe and liquid option, but it may have to pay a broker charge and exchange fee.
Gold Mutual Fund
Gold is mutual funds investing in ETFs. They can also be purchased without a demat account and it is also possible to invest through SIP. However, their expansion ratio is slightly higher and trading is not in real time.
Sovereign Gold Bond (SGB)
The Government of India is issued through RBI. In this, investment can be made from 1 gram to several grams. The SGB has a period of 8 years and also gets 2.5% interest annually. Capital gains do not tax maturity, which makes it an attractive option. However, this option is more suitable for long -term investors.
Digital gold
Digital gold is a new and convenient way in which you can buy gold from 1 rupee. It is kept in a vault safe by gold companies and can also be ordered physically if needed. However, it is not regulated by SEBI or RBI, which increases the risk slightly.