By Admin 
Digital gold investment: A decline in gold prices has been seen since the end of the festive season. In such a situation, Indian investors can consider investing in gold. However, gold as an investment has been the choice of investors since the beginning. Gold protects investors from market fluctuations and global uncertainties.
In the last few years, gold has also given very good returns. If, you do not want the hassle of buying gold and handling it. So in such a situation, you can choose one of the digital options like Gold ETF or Gold Mutual Fund. In both the options your gold will be available in digital form. Let us know which of these two options may be right for you.
gold mutual fund
Under Gold Mutual Fund, you invest in gold in small amounts through SIP. For this you do not need a demat account. Your fund manager invests your money directly in gold or gold ETFs.
Market experts believe that gold mutual funds can be a convenient option for new investors. Those who do not want to do real time trading. Also want to get good returns on your investment.
gold etf
By investing in gold ETF, you track the prices of gold on real time. For this, a demat account is required, because you buy and sell your gold in the stock market. Gold ETF prices keep changing throughout the day. Market experts believe that, if you want more liquidity and you have knowledge of the market. In this situation you can invest in Gold ETF. For gold ETF you have to pay brokerage and demat account charges.
By investing in both gold ETFs and gold mutual funds, there is no chance of your gold being stolen or lost. Talking about the tax levied on both, you have to pay tax on both Gold ETF and Gold Mutual Fund. If you sell your investment within three years, you will have to pay short term capital gains tax.
And after three years you have to pay long term capital gains tax. You can choose either of the two according to your convenience and needs. However, before making any kind of investment, you should definitely talk to your financial advisor.
Also read: It did not become the world’s most expensive company just like that, its market cap is more than India’s GDP.