IS Gold ETF is good for Investment purpose for 3-5 Years Per

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Hasan (Querist)
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29 April 2009 Dear Friend,

Please light me on investment on GOLD ETF for the period of 3-5 years. Which is current & good Schemes & what are the in & out Charges or exit load & what are the procedure to invest in it.

Thanks

CA. Pradeep Jhawar

CA. Pradeep Jhawar (Expert)
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05 May 2009 Hi Hasan,

Gold as investment class is picking up lately owing due to economic slump. Its safe bet with modest return. Over the period of 3-5 yrs you can get resonable return, but i personally think perhaps its bit late as of now to enter gold investment. However it always glitter - its safe. Return may not be that spectacular which u could have got had u invested 2 yrs ago. Equity as class is best at this time if u think 3-5 yrs if u see valuation.

If u want to go with gold its better to go with Gold ETF traded in NSE - UTI one is fine. More or less all Gold ETF will give same return as all invest in same commodity, its all about when u invest in the ETF.

Hasan

Hasan (Querist)
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05 May 2009 Hi,

I think you are right because the rate of Gold is already at its high. So i am planning to invest in SIP Scheme.

Thanks for your suggestion.

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CA. Anoop Gadia

CA. Anoop Gadia (Expert)
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05 August 2011 Gold ETF SIP is good to invest and huge your risk of price change.

CA. SHIVA SHANKARA R. SHETTY

CA. SHIVA SHANKARA R. SHETTY (Expert)
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03 August 2012 no sip available for gold etf. the nav of etf will represents one gram gold price (approx).

In the long term investment horizon i.e. 3 to 5 year, investment in gold etf is good and better decision.

Dont bother about daily nav's. nav is not actual value of your investment for long term investments.

after 3 to5 years, you will get handsome return.