Best Gold ETF Funds in India
Gold Exchange traded funds (ETFs) are in very much demand recently. Because the Gold became a preferred asset class during the time of Recession. Many Gold ETFs of India have doubled their basic asset size in just past 4 months only.
It is very easy and convenient to invest in Gold ETFs. Gold ETFs are nothing but the paper gold. 1 Unit of Gold ETF fund closely track the price of 1 gram of Gold.
Following are the Best Gold ETF Funds in India -
01) Gold Benchmark ETF
02) Kotak Gold ETF
03) Reliance Gold ETF
04) UTI Gold ETF
05) Quantum Gold
Out of the above funds, Gold Benchmark ETF Fund is the oldest mutual fund having largest Asset (Gold) under management. Benchmark Gold ETF was the first fund to launch in India.
During the time of Recession, Central Banks and governments all around the world are printing literally billions and trillions of dollars in the economy and thus the purchasing power of the money is reducing. During this time, Gold is the only asset class which preserves the purchasing power of your wealth.
And that’s why more and more investors are diverted towards this traditional asset class to protect their wealth against hyperinflation.
So You invest in any of the above Gold ETFs. The main advantage of of investing in Gold ETFs rather than investing in physical gold is – Free from Security & Problem of Purity. So Invest in Gold via any of the above India’s Best Gold ETFs.
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