HomeTech newsInvest in gold and silver together with this scheme, know what is...

Invest in gold and silver together with this scheme, know what is the way

Gold or Silver Investment 2022 : If you are planning to invest in both gold and silver on Diwali, then this news can prove to be of your use. Let us tell you that after the launch of Silver Exchange Traded Funds (ETFs), investment in silver is increasing in the portfolio of Indians. Many brokerage houses have given good response from investors regarding Gold and Silver ETF Fund.

how to invest
Let us tell you that the domestic brokerage house Motilal Oswal Mutual Fund had brought its Motilal Oswal Gold and Silver ETF Fund of Funds, whose subscription lasted till 7 October. At the same time, HDFC Mutual Fund, India’s third largest with a value of 4.35 lakh crores, has just launched HDFC Silver ETF Fund of Funds. This offer is going to close on 21st October. Along with this, many more fund houses are keeping an eye on investors’ interest in investing in silver.

Silver Traded Funds
SEBI last year allowed exchange-traded funds investing in silver, which was launched in January 2022. It has made silver available to small investors, with a minimum investment requirement of only Rs 60 – a unit ETF trades for less than Rs 60.

Investing in Silver through Mutual Funds
There is a new option of investing in silver through mutual funds. This does not mean that we should be hasty about investing. Investing in it should be planned with full understanding. Gold ETFs have been around for more than a decade. Silver Exchange Traded Funds were introduced in India last year. Silver prices do not move like gold prices and hence fund houses have started offering investments by combining both the metals in a single scheme. This has led many investors to use silver for ‘hedging’ against inflation. Investors have the option of holding silver in form or corpus instead of holding it physically.

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