Reliance Gold fund review is going to cover the merits and demerits of the fund. But before we proceed for that, we need to understand why we need that. So, as we know that stock markets are extremely volatile at the moment and investors are never sure about the future trend of it. International economic situation has been dismal and it seems that only news which can come is ‘Bad News. So lot of people has started moving towards Gold. Gold has been rising consistently in the last few months and it has made all-time highs in this period. There are lots of options available in the market to invest in Gold. Exchange traded funds have been one of the most popular mean to do that. But lately, one new tool has emerged and it has been grabbing the eye balls quite well.
Reliance Gold fund is one of that new tool. It is open ended, fund of fund scheme. It generates returns which are able to match with ETFs. It was launched in February 2011 and since its launch, it has been able to create enough attention around.
Reliance Gold Fund offer a easy and affordable mean of investing in Gold. An investor is not required to have a demat account to invest in this fund. This is going to help those millions of investors who want to invest in gold but cannot go for Exchange traded funds because that requires demat account.
Systematic Investment plans are available with this product. Long term capital gain tax after 1 year will be applicable on this. This fund is carrying a load of 2 per cent and it is applicable if you exit before 1 year. Reliance Gold fund have delivered a return of 25.7 per cent for six month period.
Reliance Gold fund has done well in terms of increasing interest among investor and as it doesn’t require demat account, it is help not only reliance to take this fund forward but also to those investors who are looking for a better and safe alternative to invest in Gold.
Reliance Gold Fund review cannot be completed without your feedback and questions, so please share them.
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You can Invest Lumpsum or SIP (monthly) in Relaince Gold Savings Fund Online. Know More…..
https://sites.google.com/site/mutualfundapplications/gold-mutual-funds