Gold And Silver ETFs Best Choice For Diversified Investments


Investing in gold or any precious metal without physically acquiring it is called digital investment. This is a virtual method. In physical gold, there is a risk of purity, but in digital investment, be completely disregarded by these hassles. Secondly, there is no danger of keeping it safe here.

Hyderabad: In the recent times, there has been an increase in the tendency of people to invest in gold digitally. People are expanding their investment options without limiting investment to equities. Like setting some amount to invest in gold and silver.

For such investors, Motilal Oswal Mutual Fund has recently introduced Motilal Oswal Gold and Silver Exchange Traded Fund (ETF). The NFO of this scheme will end on 7th November. The minimum investment in this NFO is Rs 500. Abhirup Mukherjee is its fund manager. Gold and Silver ETFs of other mutual funds can also be bought under this scheme.

Other gold investment options include ICICI Prudential Gold ETF, Nippon India ETF Gold Bees, SBI-ETF Gold, Kotak Gold ETF and HDFC Gold ETF. On the other hand, for silver schemes, one can buy in ICICI Prudential Silver ETF, Nippon India Silver ETF and Aditya Birla Silver ETF.

Of the total investment amount, 70 per cent can be earmarked for Gold ETFs and the remaining amount can be allocated for Silver ETF units. These schemes are for those investors who want to diversify their investments. Aditya Birla Sun Life Mutual Fund has unveiled an innovative fund with a diversified investment plan through a single mutual fund scheme.

Its name is Aditya Birla Sun Life Multi-Index Fund of Funds (FOF) and this fund offer is going to close on 10th November. The minimum investment that can be made is Rs 100. It is an open ended scheme and Vinod Bhatt is the fund manager of this scheme. A ‘Fund of Funds’ (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or other securities. They also invest in attractive schemes of gold and silver.

The fund manager will decide what to invest and how much to invest based on the circumstances. It can be said that this fund provides an opportunity to the investors to invest their money at different locations through Multi-Index Fund of Funds without having to choose different schemes.

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