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SBI Gold Fund

 

SBI Gold Fund is a new fund offer from SBI Mutual Fund. This is a kind of fund of fund scheme, which will invest in SBI Gold Exchange Traded Scheme (SBI GETS).

Minimum amount of investment is Rs. 5000/- for lump sum and Rs100/- per month in Systematic Investment Plan (SIP) mode.

Mr. Raviprakash Sharma is fund manager of SBI Gold Fund.

Benchmark : The Scheme's performance will be benchmarked against the  price  of physical gold. As there are  no indices catering to the gold sector or securities linked to the Gold, currently SBI Gold Fund shall be benchmarked against the domestic price of gold. The price here refers to the morning fixing of Gold by London Bullion Market association (LBMA).

As compared to SBI Gold Exchange Traded Scheme (SBI GETS) , SBI Gold Fund has two major benefits , easy liquidity and SIP option for investment.

Units of SBI Gold Fund can be easily redeemed through the AMC at NAV related prices.

SIP option provides a regular and easy way of investing in gold.

 

 

Download Section 80CCF Tax Saving IDFC Infrastructure Bonds Application Form

 

https://sites.google.com/site/infrabondapplications/home/IDFC-Infrastructure-Bond-Application-Forms

 

Download Section 80CCF Tax Saving L&T Infrastructure Bonds Application Form

 

https://sites.google.com/site/infrabondapplications/home/l-t-long-term-infrastructure-bond-for-year-2011---2012

 

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