Is the Quantum Gold Savings a good fund of fund to invest in? -Ankur
Most gold fund of funds and gold ETFs deliver similar returns because of the structure they operate in. You can either invest in a gold ETF through a stock broker if you have a demat account or you can buy a gold fund of fund that will invest your money in a gold ETF.
But remember that a fund of fund will be 0.75-1 per cent more expensive than an ETF. Quantum Gold Savings is a good fund to invest in if you don’t have a demat account.