SBI Gold ETF Review

SBI Gold ETF Review

SBI is India’s leading nationalized bank and SBI Gold ETF is one best way to invest in Gold. SBI Gold Exchange Traded fund is one of the best way to invest in gold.

1 unit of SBI Gold ETF closely track the price of 1 gram of gold. Minimum investment in this fund is Rs.5000 and there is not any Entry or Exit load in this fund.

Gold ETFs are for those people whose sole purpose of investing in Gold is the investment purpose.

If you want to save a gold for the future purpose say the marriage of your daughter or any other purpose than SBI Gold ETF is the best way to save gold.

After 10-20 years, you can simply redeem your units and buy a physical gold out of your money. In this way, you won’t have any safety or purity issue of gold.

Gold is the precious asset class and since centuries, Indians love to buy gold for various purposed. And in the past few years, Gold has outperformed the Equity and all other asset classes. And that’s why I advise people to invest at least 5% (Maximum 10%) of your total portfolio net worth in Gold.

Also remember that, never invest more than 10% of your total wealth in gold. Gold is definitely a great asset class to invest. And the Gold ETFs are the best way to invest in gold safely and in convenient way.