Investment in GOLD | Investing in gold through Pager Gold is a profitable deal

 

Due to the global economic uncertainty due to the COVID-19 epidemic, there has been an increased interest in gold as a safe investment. In such a situation, you too can earn better profits by investing in gold. For this, mutual funds can also be resorted to. With their help, you can invest in yellow metal in many ways like Gold ETF, Gold Fund, Multi-Asset Allocation Fund and International Gold Fund. The special thing is that through these methods you do not buy physical gold but invest in paper gold, which has many benefits. In this, you do not have to pay the making charge or premium nor worry about the safety of gold. However, experts believe that its share in the portfolio should not exceed 10-15 per cent.

 

Gold Fund: Like any other mutual fund, you can also invest in a gold fund. It is an open-ended mutual fund scheme that invests in units of gold ETFs. You do not need a Demat account to invest in it. The special thing is that like any other mutual fund, you can invest in gold from the gold fund and redeem it. Every gold fund has given over 30 per cent returns in a year.

 

Gold ETFs: Gold exchange-traded funds (ETFs) are funds that invest in gold. This is an economical way to invest in gold. It can be bought and sold on stock exchanges like common shares. An investment in gold ETFs requires the purchase of at least one unit, which is equivalent to one gram of gold. On selling it, you get not an amount of gold but an amount equal to the market price of the time. The special thing is that the returns are about 7 times more than the fixed deposits. Gold has given more than 37% return since December 31, 2019, while FD gets 5-6% interest.

 

International Gold Fund: Investing wisely one can also invest in gold through this. However, only some international gold funds are available. It invests in units of foreign gold funds. Mutual fund investors believe that these funds are very risky, which are not suitable for retail investors. According to him, only those who understand the international market better can invest in it.

 

A diversified portfolio, it is a hybrid category of mutual funds. It invests in multiple asset classes simultaneously. For a multi-asset allocation fund, it is necessary to invest at least 10-10% of the portfolio in each asset class. This leads to diversity in the portfolio. In this way, a fall in one asset class compensates for another asset class. Gold is a better option for safe investment. Its prices have increased rapidly in the last few months. Last week, it reached the level of Rs 56,000. However, there was a slight decline after that. But, due to the circumstances caused by COVID-19, the US elections and the ongoing tension between the US-China, gold will remain bright.