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Gold mutual funds will also make bumper earnings, up to 29% returns to investors in a year

Gold Mutual Fund

Due to slowdown in global economy and increasing geo-political tension in some areas of the world, the brightness of gold remains constant. As early as 2020, gold reached its life time high due to increasing tension in the US and Iran in the Middle East. Currently, gold mutual funds have benefited the most from this. In the last one year, the returns of gold funds have been the highest among all categories of mutual funds. Funds involved in this segment have given up to 29 per cent returns. Experts are also saying that gold is fast throughout the year. He says that the year 2020 is going to be named after Gold. In such a situation, mutual fund investors can take advantage of this boom. Apart from gold funds, there are also multi asset allocation funds, where investors must invest 10 percent and 5 percent of their total investment.

Gold will remain bright this year as well

Anuj Gupta, Deputy Vice President, Angel Broking, Commodities and Currency, says that the year 2019 was better for gold. Many factors are present in the market due to which there was a rise in gold. Due to economic slowdown due to pressure in markets around the world, US North Korea tension, US Iran tension and trade war, gold has increased its brightness. This glow is going to continue this year as well. If the issue of geo-political tension goes on in this way, then gold can soon touch the level of 43500. At the same time, experts are also not denying that gold will become 45 thousand by the end of the year.

Gold mutual fund tops the returns chart

Talking about the last one year, the overall gold mutual fund has given 23 per cent return. At the same time, if you talk about different funds in this segment, the returns have been up to 29 percent. These are the highest returns gold funds

SBI Gold Fund

  • Return in 1 year: 29 percent
  • Value of investment of 1 lakh: 1.29 lakh
  • Value of 10 thousand SIP: 1.41 Lakh
  • Minimum Investment: Rs 5000

Kotak Gold Fund

  • Return in 1 year: 28.75 percent
  • Value of investment of 1 lakh: 1.29 lakh
  • Value of 10 thousand SIP: 1.40 Lakh
  • Minimum Investment: Rs 5000

Axis Gold ETF Fund

  • Return in 1 year: 28.35 percent
  • Value of investment of 1 lakh: 1.28 lakh
  • Value of 10 thousand SIP: 1.40 Lakh
  • Minimum Investment: Rs 5000

Invesco India Gold Exchange Trade Fund

  • Return in 1 year: 28.18 percent
  • Value of investment of 1 lakh: 1.28 lakh
  • Value of 10 thousand SIP: 1.40 Lakh
  • Minimum Investment: Rs 5000

How much money to invest in gold fund Ajay Kedia, director of Kedia Advisory, says that gold has been a safe haven for 1 year. Gold mutual funds have benefited from the surge in gold. However, gold is still in its upper levels and the returns in the Gold Fund have been high. But in the future, it cannot be denied faster. Investors should invest 10% of their total allocation in this segment.

Multi asset allocation fund is also a better option

AK Nigam, director of financial advisor firm BPN Fincap, says that apart from gold funds, asset allocation funds are also a good option where investors can invest their money in gold, other commodities, equities, cash and bonds. In this, your portfolio itself becomes diversified and there is less possibility of loss. He says that allocation should be 10 per cent in gold fund and 5 per cent in asset allocation.

(Source: Value Research)

(Note: We have given information here based on discussions with experts and the performance of the fund. There are risks in the market, so be sure to consult the experts before investing.)

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