gold etf

A

AW10

Well-Known Member
#2
#2
I don't use hdfcsec but it should not be a problem. From transactions perspective, all ETFs are treated as a stock. Below are the name of etf and their NSE code..

Code: 
Benchmark mutual fund - gold benchmark 
exchange traded scheme	                             goldbees
uti mutual fund - uti gold exchange traded fund     goldshare
kotak mutual fund - gold exchange traded fund       kotakgold
quantum gold fund -exchange traded fund (etf)       qgoldhalf
reliance mutual fund - gold exchange traded fund    relgold
Happy Trading.
 
F

fast_rizwaan

Active Member
#4
#4
kapil354 said:
Is gold a good investment
Click to expand...
had you invested 100rs a year ago in:

Stocks - you'd have 24-35 rs
index - you'd have 54rs
gold - you'd have 118rs now!!!
silver - you'd have 84rs by now (still better than stocks)
FD 10% - 110
normal bank account 4% - 104rs

so, yes, gold is a good investment, if you want to be safe..

source money.rediff.com
 
Y

y2jsave

New Member
#5
#5
AW10 said:
I don't use hdfcsec but it should not be a problem. From transactions perspective, all ETFs are treated as a stock. Below are the name of etf and their NSE code..

Code: 
Benchmark mutual fund - gold benchmark 
exchange traded scheme	                             goldbees
uti mutual fund - uti gold exchange traded fund     goldshare
kotak mutual fund - gold exchange traded fund       kotakgold
quantum gold fund -exchange traded fund (etf)       qgoldhalf
reliance mutual fund - gold exchange traded fund    relgold
Happy Trading.
Click to expand...
are all of these available at the approximately same prices ??
 
A

AW10

Well-Known Member
#6
#6
I don't trade them, so no idea if they all are at same price. Pleaes chk their latest quote from NSE site.
As per underlying concept of ETF, once fundhouse has collected the moeny, then it is very similar to mutual fund. Like each mutual fund has its purpose where they invest the collected money, same is true with ETF.
Some of these ETFs might be investing in Physical gold, whereas other might be investing in stocks of Gold related companies.. They might have different % allocation to cash/gold/debt etc.. So their prices might be different..

Happy Trading
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
P Tips to purchase Gold ETF online Forex 0
S ETF Gold MFs General Trading & Investing Chat 0
N Why does Gold ETF offered by different companies varies in cost? Beginners Guide 2
K Gold ETF compulsory delivery Exchange Traded Funds 10
K tax on GOLD ETF Taxation Matters 3

Similar threads