Need A Financial Product Forums Trading/Investments A question on mutual fund and Gold ETF

This topic contains 1 reply, has 2 voices, and was last updated by  Shashidhar 3 years, 1 month ago.

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  • #48370

    Shashidhar
    Member

    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?

    #48371

    Girish Dutt
    Member

    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.

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