Celebrate New Age Akshaya Tritiya Every Month with Gold ETFs and Mutual Funds:

Akshaya Tritiya is a highly auspicious day in India, carrying immense significance for bringing good luck, success, and prosperity. The term “Akshaya” means eternal or never diminishing in Sanskrit, symbolizing the belief that any meaningful activity initiated on this day will lead to continuous growth and prosperity.

Significance of Akshaya Tritiya

Akshaya Tritiya is considered an ideal occasion to embark on new ventures, make investments, purchase gold, or engage in any form of spiritual practice. It is believed that any charitable act or good deed performed on this day brings manifold blessings.

Rituals and Traditions

On Akshaya Tritiya, many people opt to buy gold or precious items, as it is believed that investments made on this day yield long-term benefits. Charity, feeding the poor, and assisting those in need are also common practices on this auspicious day.

Gold Investment

GOLD ETF

With the escalating price of gold, purchasing physical gold every month can be challenging, considering the additional costs like making charges and wastage. Hence, an alternative method is gaining popularity—investing in gold through Exchange-Traded Funds (ETFs).

Gold ETFs offer an affordable method for everyone to invest in gold weekly or monthly, depending on their purchasing capacity. In Gold ETFs, one can invest in gold for less than 100 Indian Rupees.

List of GOLD ETF:

GOLD Mutual Funds

Investing in Gold Mutual Funds is an attractive option for individuals who want exposure to the gold market without the hassle of directly owning and storing physical gold. These funds are managed by professional fund managers who make investment decisions based on market conditions and investment objectives.

One of the key advantages of Gold Mutual Funds is their flexibility. Investors can start with a minimum investment as low as 100 Indian Rupees through the Systematic Investment Plan (SIP), making them accessible to a wide range of investors, including those with limited capital.

List of GOLD Mutual Funds

1. HDFC Gold Fund

2. Kotak Gold Fund

3. Nippon India Gold Savings Fund

4. SBI Gold Fund

5. Axis Gold Fund

6. ICICI Prudential Gold Savings Fund FOF

7. LIC MF Gold ETF FOF

8. Aditya Birla Sun Life Gold Fund

9. Invesco India Gold ETF fund of Fund

10. DSP World Gold Fund of Fund

Sovereign GOLD Bonds (SGBs)

Sovereign Gold Bonds (SGBs) present another avenue for investing in gold, albeit in paper form, with the added advantage of fractional investment options. SGBs are issued by the Government of India and are denominated in grams of gold, providing investors with an opportunity to participate in the gold market without the need for physical possession.

Investing in Sovereign Gold Bonds (SGBs) provides flexibility in investment choices, requiring a minimum purchase of one gram of gold. While SGBs do not offer fractional investment options, they remain accessible to investors seeking to participate in the gold market with modest amounts of capital. This feature ensures that even those with limited resources can benefit from the stability and security of gold investments through SGBs.

Feature	Physical Gold	Gold ETFs	Gold Mutual Funds
Investment Type	Tangible asset investment, physical bullion	Paper gold investment, electronic gold ownership	Paper asset investment, gold fund investment
Ownership	Direct ownership of gold	Indirect ownership through ETF shares	Indirect ownership through fund shares
Liquidity	Lower liquidity, sell gold bars or coins	Higher liquidity, trade like stocks	Liquidity varies, depends on fund structure
Expense Ratio	No expense ratio, but storage costs	Low expense ratio, management fees	Moderate to high expense ratio, management fees
Storage Costs	Incurs storage costs for safekeeping	Storage costs included in ETF fees	Storage costs included in fund fees
Transparency	Limited transparency in physical market	High transparency, real-time pricing	High transparency, regular reporting
Accessibility	Limited access, purchase from dealers	Easy access, trade on stock exchanges	Easy access, purchase through brokers
Trading	Not applicable	Trade on stock exchanges like stocks	Buy and sell through brokerage accounts
Wastage	Typically incurs wastage in jewelry transactions	Not applicable	Not applicable
Making Charge	Incurs making charge in jewelry transactions	Not applicable	Not applicable