HDFC Gold ETF seeks to replicate the performance of gold. By removing the need for physical storage and guaranteeing the integrity of the underlying gold, it offers investors a practical and affordable method to invest in gold online. The current HDFC Gold ETF price offers investors an opportunity to invest in gold with the convenience and liquidity of trading on the stock exchange.
How Can I Buy HDFC Gold ETF?
On the Stock Exchange: Through a stockbroker, investors can purchase NSE HDFC Gold Exchange Traded Fund share units on the NSE or BSE stock exchange.
Working Straight with the Fund: Large Investors and Market Makers, market makers and large investors may, at any time, approach the fund directly to subscribe for or redeem units of the HDFC Gold ETF mutual fund at the intraday net asset value (NAV) in multiples of the size of the creation unit. For large investors, the minimum application amount is ₹25 crores, multiplied by the creation unit size.
Management of HDFC Gold ETF
Mr. Bhagyesh Kagalkar is the HDFC Gold ETF fund manager.
Why Should I Buy an HDFC Gold ETF?
Returns Associated with Gold Performance: By imitating gold's price fluctuations, the ETF allows investors to share in the performance of the precious metal.
Portfolio diversification and currency hedge: Historically, gold has been seen as a safe-haven asset that promotes diversification and serves as a hedge against depreciating currencies.
Safe Haven amid Market Stress and Geopolitical Risks: Investment portfolios can be stabilized by gold's reputation as a safe haven asset during times of market turbulence, economic uncertainty, and geopolitical danger.
Low Cost and Convenience: Investing in gold may be made inexpensively and conveniently with the help of the HDFC Gold ETF. ETF units are simple to buy and sell on stock exchanges, removing the need for physical storage and guaranteeing the quality of the gold.
An index is a group of a specific type of securities. They can be stocks, derivatives, or other financial instruments. The index represents as well as tracks the performance of the asset class or the market segment.
Indices are used to track the performance of a group of securities. Indices show the overall performance of an asset class or market sector.
There are over 350 indices listed on the National Stock Exchange (NSE).
There are over 50 indices listed on BSE.
The Nifty 50 is the largest Indian index. It is one of the most actively traded indices in the world.
Sensex and Nifty 50 are the two oldest indices in India.
The Sensex and the Nifty 50 are the two major indices in India.
