1

How to buy?

Just go to the designated sale centres approved by Reliance mutual fund and buy the Gold Savings Fund

2

What is the minimum investment amount?

Rs.5000

3

How can I sell the units of Gold Savings Fund

Just go to the centers of Asset management company and sell the units

4

Is Demat account needed to buy the fund

Most important advantage of this fund is that the, investors need not have Demat account.

5

Is SIP or EMI facility available in Gold Savings Fund

Usual SIPs available

1) Rs.100 per month
2) Rs.500 per month
3)Rs.1000 per month
4)Rs.500 and Rs.1500 per quarter.
( These are all minimum SIP options)

6

What is the entry load?

No entry load

7

What is the exit load?

Exit load of 2% if redeemed within the first year, and after that no exit load.

7

Tax

Long term capital gain tax after one year

8

Benchmark

It tries to track respective Gold ETF of the parent company in the exchanges

9

Asset allocation

95-100 % will be in Gold ETF and 0-5% will be in Fixed deposit and other money market instruments

10

Expenses

Recurring expenses for the scheme and expenses of the Gold ETF. Normally it comes to around 1% to 2%. Expense is higher than Gold ETF.