All gold ETFs are similar to one another. The way the function, the way they deduct expenses, etc is the same for all gold ETFs and has no bearing on their performance. Hence, you can invest in any gold ETF. Gold ETFs are completely different from funds in the sense that you are basically buying gold in paper form. A gold ETF allows you to ride the price of gold, they are available in the denomination of 1 gram or 1/10th of a gram. The prices of a gold ETF goes up exactly in line with the gold prices, expect that on an annual basis, they charge an expense of 1.5 per cent. So if you hold a gold ETF for a year, assuming that gold prices go up by 20 per cent, the value of your ETF holdings will be up by 18.5 per cent. To buy a gold ETF, you need a demat account.
Any mutual fund that invests only in bonds is called a bond fund. Hence, both income funds and gilt funds are types of bond funds. While gilt funds invest only in government securities, income funds invest in private company securities as well. Gilt funds as well as income funds can be of various types, depending on their maturity profile.
The gold spot market is a commodity exchange. It has nothing to do with mutual funds. To buy gold on a commodity exchange, you will need to open an account with a broker. But keep in mind that when you buy a contract on a commodity exchange, you don't get physical delivery of that commodity. You just participate in the price fluctuations of that commodity.
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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.
Invest Tax Saving Mutual Funds Online
Tax Saving Mutual Funds Online
These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)
Download Tax Saving Mutual Fund Application Forms from all AMCs
Download Tax Saving Mutual Fund Applications
These Application Forms can be used for buying regular mutual funds also
Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )
- HDFC TaxSaver
- ICICI Prudential Tax Plan
- DSP BlackRock Tax Saver Fund
- Birla Sun Life Tax Relief '96
- Reliance Tax Saver (ELSS) Fund
- IDFC Tax Advantage (ELSS) Fund
- SBI Magnum Tax Gain Scheme 1993
- Sundaram Tax Saver
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Application form for Tax Saving Infrastructure Bond and more information
Current open Infra Bond Application form
Submit filled up application Collection canter near you
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How to apply to HUDCO Bonds?
Apply for HUDCO Tax Free Bonds forms below
Download HUDCO Tax Free Bond Application Forms
Submit the filled up form to Collection canter near you
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How to apply to REC Bonds?
Apply for REC Tax Free Bonds forms below
Download REC Tax Free Bond Application Forms
Submit the filled up form to Collection canter near you
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