Tuesday, February 5, 2013
by
Indian Real Estate News
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The gold savings schemes offered by gold retailers are a way to save and accumulate in order to buy jewellery at a future date. This makes it effectively an EMI in reverse. Some of the gold retailers also offer 10 per cent discounts that turn into some earnings while you save to exchange with jewellery at a later time. If you wish to go for such a scheme, choose a retailer whom you trust.
Better option would be to invest in Gold Savings Mutual Funds
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- Largecap Funds:
- DSP BlackRock Top 100 Fund
- ICICI Prudential Focused Blue Chip Fund
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- Large and Midcap Funds
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- HDFC Top 200 Fund
- UTI Dividend Yield Fund
- Mid and SmallCap Funds
- Reliance Equity Opportunities Fund
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- IDFC Premier Equity Fund
- Small and MicroCap Funds
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- Sector Funds
- Reliance Banking Fund
- Reliance Banking Fund
- Gold Mutual Funds
- Relaince Gold Savings Fund
- ICICI Prudential Regular Gold Savings Fund
- HDFC Gold Fund
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