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Reliance Gold Fund allows non-demat investment, SIP

Reliance Gold Savings Fund, a first-of-itskind fund-of-fund that enables investment in gold, in paper form, without any demat account.

This is unlike existing gold investment instruments such as exchange traded fund (ETF), where a demat account is mandatory

It's the first fund that will provide investors with a hassle-free option to invest in the yellow metal through online as well as physical application mode.

With monthly investments starting at Rs 100, this product introduces affordable gold investment to all sections of society. Gold as an asset class provides an opportunity to enhance portfolio returns over a period of time and acts as a perfect diversifier for one's existing investment portfolio

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