Applying for Gold Mutual Funds

Who is eligible to invest in Gold Mutual Funds?

  • Anyone with a Demat account can invest in Gold Exchange Traded Funds (ETFs).

  • For other gold mutual funds like the gold savings fund and the gold FoF, you don’t need a Demat account.

What are the documents required for investing in gold mutual funds?

What is Financial Planning?

  • PAN 

  • Duly Filled Bank Mandate form approved by your bank account for automatic deduction of SIP at your chosen date.

How to invest in a gold mutual fund offline?

You cannot invest in a gold mutual fund offline without an investment brokerage account (for Gold Savings Fund and Gold FoF) and a Demat account (for Gold ETFs).

How to invest in a Gold ETF online?

  • For Gold ETF, you need first to have a demat account.

  • For other gold mutual funds, you can select the fund through your investment broker account and add it to the cart.

  •  You can then fill in your SIP amount and SIP date.

  • Then you can make the payment through UPI, banking or debit card.

Please note that no broker, bank official or bank will call you or email you for any OTP, user-ID, password, PIN or any card number and CVV.

Proceed further to know about closing and withdrawal of Gold Mutual Funds!

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