When investing in gold ETF the underlying asset is physical gold with 99.5 per cent purity. However; you need to have a demat account to invest in ETFs. To circumvent this necessity, gold funds have been launched by AMCs which are passively managed fund of fund (FoF) that invests in the open-ended gold ETFs of the same fund house. This structure is convenient for those who do not have a demat account and want to start a systematic investment plan in gold, but the convenience comes at a cost in the form of expenses in comparison to direct investments in gold ETF.
Buy Mutual Funds Online by selecting the Mutual Fund Schemes.
Invest in Mutual Funds Online Mutual Funds Online
Download Mutual Fund Applications / Forms from all AMCs: