do you invest in gold? you should know about gold etf.

if you are a person see gold as method of investment, you should have heard about gold etf already or know about it at least now. gold etf is purely for the person who sees gold as a investment, not for a person interested in owning physical gold. basically, what happens at gold etf ?.. is exchange traded fund, gold will be only traded commodity, it is a open ended mutual fund scheme, gold etf scheme’s are listed in nse stock exchange, you can buy a unit just like any other stock, that gold etf body, will invest the collected money from you(investor) in standard gold bullion(0.995 purity), and store it in their premises with high grade security, insurance etc.   how much gold do i own if i have a 1 unit of gold etf? as per gold etf’s websites, they allot 1 gram of gold for every unit of gold etf unit. if you are a indian national, you probably already know the value of investing in gold – thank your mom for it , indian womans buy gold for all special occasions, gold is always a reliable method of investing money, but comes with problems-

1. security – theft problems
2. when you sell, we will loose some percentage in market price
3. purity is always a concern

but in gold etf, you can sell it at market price, and highly protected, can buy in units. thats all the good things about gold etf, how do i buy them?

1. you need a brokerage account – thats your demat account(sharekhan, geojit, indiabulls, icici direct, hdfc securities etc)
2. identify the gold etf stocks
   1. Benchmark Mutual Fund – NSE: GOLDBEES
   2. Kotak Mutual Fund – NSE: KOTAKGOLD
   3. UTI Mutual Fund – NSE: GOLDSHARE
   4. Reliance Mutual Fund – NSE: RELGOLD
   5. Quantum Gold Fund – NSE: QGOLDHALF

Except Quantum Gold fund, rest of the funds trade for 1Gm of gold per unit, but QGOLDHALF trade for 0.5Gm of gold per unit, this is my favorite and personal recommendation since it allows me to buy as low as half a gram.