Can you please suggest which of the Gold ETFs are best for investors with about 3 years' investing horizon ahead of them? Will there be any lock-in period? How do the schemes work and what are the expected returns?
- Dr. V.S.B. Sarma
Gold exchange traded funds (ETFs) invest directly in gold and are listed on stock exchanges. These funds are passively managed and therefore, the prices are actually a reflection of the actual price of gold in the open market.
As such there is no lock-in period for these funds. It is very difficult to comment on the future price of any commodity, let alone gold, which is one of the most volatile of commodities.
|
Fund |
YTD Return (%) |
|
Gold Benchmark ETF |
|
|
Kotak Gold ETF |
|
|
Quantum Gold |
|
|
Reliance Gold ETF |
|
|
SBI Gold ETS |
|
|
UTI Gold ETF |
|
As on
This article was originally published on January 11, 2010.