If you intend to buy gold for investment purposes, here’s how gold ETFs or gold mutual funds score over physical gold
Investors pumped in a record Rs 3.43 lakh crore in mutual funds (MFs) in 2016-17, mainly into income and liquid schemes.
Gold ETFs can be preferred to investing in physical gold since they are easy to hold. Being in dematerialised form, it helps in saving on storage cost and reduces security risk. Pricing is also transparent.
In nine out of the 11 months till November, equity schemes saw more money coming in than going out. The not so good newsâ€”investors were not as enthusiastic about equity schemes this year as they were in 2015. Inflows of Rs 44,772 crore, were almost half of the Rs 90,603 crore received in 2015
Most equity funds registered positive average returns for the month ended October, despite key share indices falling little over 1 percent last month.
The industry's equity assets under management (AUM) rose to Rs 3.64 lakh crore last month, from Rs 2.83 lakh crore in December 2014, according to Association of Mutual Funds in India (AMFI). In November, the asset base of equity MFs read Rs 3.62 lakh crore
Indian mutual fund industry‘s assets under management rose 1.4% in May 2015 to reclaim the Rs 12 trillion mark and close at its record high as per the latest numbers declared by the AMFI.
Peerless Mutual Funds has re-launch of the erstwhile Peerless MF Child Plan as Peerless 3 in 1 Fund, w.e.f. May 15, 2015.
Mutual funds posted 3.42% increase in retail folios in the quarter ended March 2015, following a 1.69% rise in the previous quarter: CRISIL
It‘s difficult to predict when and at what levels gold prices could bottom and start rebounding, but it‘s good to remember that the main reason to own gold is just the sheer fact that it is one of the good portfolio diversification tool and thereby helping you to reduce overall portfolio risk
It is equally important to have well diversified holdings within an asset class too, more so, when you invest in an asset class like equity. In reality, not much attention is paid to having the right exposure to different market segments such as large cap, mid-cap and small cap stocks.
However, the economic slowdown coupled with high inflation is likely to strain consumer budgets this season. Will this deter consumers who are going for gold?
Fund managers in India continue to prefer domestic debt and gold, expecting markets to recover from their recent sell-offs and to prove sturdier investments than stocks, according to a Reuters poll.
Mutual Funds AUM rose to a new high up by 3.68% over previous quarter. Long term debt funds AUM cross the Rs 1 trillion mark for the first time.
The mutual fund industry‘s month-end assets under management (AUM) rose by 18% or Rs 1.24 trillion to Rs 8.26 trillion in April 2013 from Rs 7.01 trillion in March as per the monthly numbers released by AMFI
There is one asset class, which we Indians particularly love and also believe they understand it â€“ is Gold. Besides the traditional options like buying physical gold, there are a plethora of new options available like the National Spot Exchange, Gold ETFs and also Gold Fund of Funds. Read this space to understand the gold as investment.
The recent fall in the prices of gold may have left you perturbed and induced you to think, is gold losing its trait of being safe haven and has it lost its sheen forever now.
You can invest in gold through E-Gold, Gold mutual funds, Gold ETFs or gold bars and coins. Not to forget, many Indians buy gold jewelry that they will never use considering them as investment. Each of these has their own merits and demerits.
We expect gold prices to have a strong floor at USD 1,580/ounce during the first half of 2013 and during the first half of the year we may see a gradual recovery in prices, says Nirmal Bang research report.
Finance Minister will be busy in finalising the Union Budget‘2013 to be presented on 28th February‘2013. There are really many challenges before him to address and present a budget which will boost economic growth of the country.
Gold is flashing the "death cross" but the bearish chart pattern is not the only thing scaring investors.
With gold prices continuing to stay at elevated levels, buying lump-sum quantities of gold has become unaffordable. To put this in context, when the gold prices were low, people used to buy quite a large amount of gold in one go.
The Indian government and the central banking authority of India, the RBI are not too happy about the fact that Indians can't get over their fascination for physical gold.
NFO is often confused with IPO of a share where investors invest presuming they are buying cheap. The fund houses also do a great marketing job to sell their NFOs. Hence before investing, it is important to check if the NFO offered is offering some thing new or if something similar already exists with the Fund house.
The Foreign Institutional Investors (FIIs) participation in the Indian equity market was quite heartening to see the ascending trend continuing.