On the day of Dhanteras, many people invest in gold. Most people go to the market and buy physical gold from a jeweler’s place. But there are many such options through which you can invest in gold sitting at home and get good returns.
Invest in gold sitting at home on Dhanteras
Sovereign Gold Bond:
The government has issued a new series of Sovereign Gold Bonds (SGB) in view of Diwali. It is a kind of paper gold or digital gold in which you are given a certificate at what rate you are investing a large amount of gold.
If you find it expensive to invest in gold bonds, then you can invest in gold ETFs online. For this, you should have a demat account. The advantage of investing in gold ETFs or mutual funds is that you can easily buy and sell them online.
A Gold ETF is an investment fund that is traded and traded on the exchanges in the same manner as shares on exchanges. Being in electronic form, they are safe. It is more liquid than physical gold, which means that its trading is easy.
You can invest gold in minimum amount in it and there is no loss like making charge. In this, you do not have any kind of concern about purity.
Gold Mutual Fund:
Gold funds are a type of mutual fund that invests directly or indirectly in gold reserves. Through this, you can invest in gold, avoiding the hassle of keeping physical gold at home.Most such funds invest in gold ETFs. Its trading is also easy. You can buy it online by going to an investment agent in a bank, or from a mutual fund website.