Ask Value Research

Best Gold ETF

Choosing the best gold ETF is not a troublesome exercise

I would like to invest in a gold ETF for the long-term, mainly for the purpose of diversification. I have made up my mind to allocate five per cent of my portfolio to this asset class. Could you please let me know the best gold ETFs with their comparative cost effectiveness and load package?

-    Dipinder Kumar

It is a wise decision to allocate just a small portion of your portfolio to gold ETFs. Gold ETFs should not be looked at as a mainstream investment. Currently, there are six gold ETFs operating in the market and they are all alike. They are structured in a way that they generate exactly the same return. The NAVs of these funds move according to the market price of gold; less the expenses. All gold ETFs currently charge around one per cent as expenses. So you can choose any fund and invest in it.

Ask Value Research aks value research information

No question is too small. Share your queries on personal finance, mutual funds, or stocks and let us simplify things for you.


Other Categories

Informed fund ideas, better judgment. Every month. Mutual Fund Insight, every month since October 2002.

Take charge. Know more. Keep more. Mutual Fund Insight helps you do all three — every month