Coming to gold mining funds, there are two fund houses that have this product -- DSP ML World Gold Fund and AIG World Gold Fund.
These are funds that do not invest directly in gold but invest in gold mining companies. The tax treatment for these investments is similar to ETFs and is a good indirect way to take exposure to gold.
These are, however, more volatile investments than gold and can move sharply up and down as their correlation with the equity market is much higher than that with gold prices.
Image: Gold, safe to invest. | Photograph: Arun Patil
Also read: 10 biggest wealth creators of 2008
Powered by 
| Live updates on money.rediff.com |
|
Advertisement
