Gold Fund Options

Please suggest some gold funds that have performed well that I can invest in?
- Rajeev Dubey

You can invest in gold mutual funds in three ways; first, you can invest in mutual funds that invest in gold mining funds such as AIG World Gold and DSPBR World Gold Fund. Next, you can invest in paper gold through gold exchange traded fund (ETF), wherein you buy the gold units from the stock exchange for which you need a demat account to buy and sell the units on the stock exchange. And more recently, you have the option of investing in a gold fund of fund, such as Reliance Gold Savings fund, which is a passively managed fund of fund that invests in the open-ended Reliance Gold Exchange Traded Fund, which in turn invests in physical gold with 99.5 per cent purity. Depending on your convenience and investment needs; you can consider any of the options to invest in gold.

This article was originally published on July 15, 2011.