|
There are many funds that invest in production stocks and various other kinds of stock, but gold fund invest specifically in the yellow metal. Constant increase in price of this metal has made this fund a hit. Many mutual fund houses in India offer gold funds and they are bought by investors owing to the price rise of gold. They are good for speculative investors as they guard against the falling currency. Investing in gold fund also removes the hassle of taking delivery of the gold. There is no entry load in case of gold fund, but you need to take into account the exit load the fund house will charge in case you exit the fund within one year from the date of purchase.
|
