Zerodha Fund House Highlights Gold Investment Opportunities on Akshaya Tritiya

As the auspicious occasion of Akshaya Tritiya draws near, Zerodha Fund House, India's premier passive AMC, sheds light on the significance of this day and the potential benefits of gold investments

Post By : IJ News Service On 10 May 2024 12:59 PM

Diverse Gold Investment Options:

For individuals seeking to diversify their investment portfolios or hedge against inflation, several options are available for investing in gold, including:

- Physical gold
- Sovereign Gold Bonds
- Digital Gold
- Gold ETFs

When selecting a gold investment option, factors such as liquidity, storage costs, taxation, safety, and investment horizon are key considerations.

Influx into Gold ETFs during Challenging Times:

The preference for gold investment, particularly through Gold ETFs, was notably evident during challenging periods such as the COVID-19 pandemic. Analysis spanning from 2019 to 2023 reveals a consistent growth in assets under management (AUM) of Gold ETFs. During the pandemic in 2020, there was a significant surge in AUM, indicating heightened investor interest in gold as a safe haven asset. Subsequently, the AUM in Gold ETFs continued to grow steadily, reaching substantial levels by December 2023.

Insight from Vishal Jain, CEO of Zerodha Fund House:

Vishal Jain, CEO of Zerodha Fund House, underscores the advantages of investing in Gold ETFs, including liquidity, cost-effectiveness, and security. He highlights the convenience offered by Zerodha Fund House's Gold ETF (NSE, BSE symbol - GOLDCASE), which allows investors to bypass concerns related to physical gold, such as storage, purity, and insurance, while enjoying the flexibility of stock exchange investment.

Zerodha Gold ETF:

Zerodha Gold ETF (NSE, BSE symbol GOLDCASE) is a passively managed scheme offered by Zerodha Fund House. As of May 8, according to AMFI data, Zerodha Gold ETF (NSE, BSE symbol GOLDCASE) stands out as the most affordable gold ETF in India, boasting a competitive expense ratio.

Product Label and Risk-o-meter:

Zerodha Gold ETF is an open-ended scheme designed to replicate/tracking domestic gold prices. It is suitable for investors seeking long-term capital appreciation through gold investment. However, investors should be aware that their principal investment carries a high-risk profile.

Investors are advised to consult their financial advisers if they have any doubts regarding the suitability of the product for their investment goals.

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