I wish to invest Rs. 25,000 via SIP in mutual fund so that I can accumulate funds. I am planning to invest in Franklin India Bluechip Fund (G) and Goldman Sachs Gold ETF. Any comment on my choice of funds? I believe that I will get an option to sell Gold ETF on current gold rate and get the money. Am I right?
Your choice of funds is absolutely okay. If you invest in Goldman Sachs Gold ETF, you will get an option to sell it at current gold rate and you can use the amount as per your requirement.