Is it better to invest in gold or SIP?

The initial investment in physical gold can go up to multiples of 10000, while the same can go up to Rs 500-1000 in mutual funds via SIP. On the other hand, investing in SGBs instead of physical gold can be much more profitable as it is denominated in grams, so the minimum investment can be 1 gram.

Is SIP in gold fund good?

HDFC Gold Fund is a Gold – Gold fund was launched on 24 Oct 11. It is a fund with Moderately High risk and has given a CAGR/Annualized return of 4.2\% since its launch. Return for 2020 was 27.5\% , 2019 was 21.7\% and 2018 was 6.6\% ….4. HDFC Gold Fund.

HDFC Gold Fund Growth
Launch Date	24 Oct 11
Min SIP Investment	500

Is Bullion a Good investment?

Bullion Coins—Which Are Better as an Investment? Bullion coins, such as Gold American Eagles, are the best type of precious metals for most investors. This is because sovereign coins are easily recognizable, easy to trade, and generally sell at higher premiums than bars.

Which is the most profitable SIP in India?

Large-Cap Schemes

Scheme Name	5-Year Monthly SIP	10-Year Monthly SIP
Reliance Growth Fund (G)	Rs.10,75,057	24.01\%
SBI BlueChip Fund – Reg (G)	Rs.9,55,955	19.07\%
Tata Equity P/E Fund (G)	Rs.11,49578	26.86\%
Templeton India Growth Fund (D)	Rs.10,16,220	21.63\%

Can I SIP in SGB?

No SIP, one-time payment during the subscription period.

What mutual fund should I buy?

The table below shows the best equity funds:

Mutual fund	5 Yr. Returns	3 Yr. Returns
SBI Technology Opportunities Fund – Direct Plan – Growth	30.26\%	38.38\%
Quant Infrastructure Fund – Direct Plan-Growth	25.87\%	37.06\%
SBI Technology Opportunities Fund	28.95\%	36.99\%
PGIM India Midcap Opportunities Fund Regular Growth	22.23\%	36.71\%

Is gold SIP good for long-term?

1. Effective Inflation Hedge: Gold has shown to be a good inflation hedge, even amid economic downturns, pandemics, and market volatility. It is the most effective inflation hedge. In the long-term, gold has witnessed tremendous asset appreciation and has become a must-have in one’s investment group.

How do bullion dealers make money?

Dealers make their money on the “premium,” the amount charged over the spot price. For a US Mint Gold Eagle, you may pay a premium of $60 above the spot price of gold. Therefore, the gold coin you purchase from a dealer may actually cost the dealer $40-$45 over the spot price.

Is SGB taxable after 5 years?

In case of early redemption/encashment of the bond after the fifth year, the capital gains will be taxed. The tax rates applicable will be for long-term capital gains (LTCG) at 20\% with added cess and indexation benefits. SGBs can be traded on a stock exchange if they are listed from the date notified by the RBI.

Is it possible to invest in SIP in India?

It is possible only when you know how to invest in SIP in India. Also, it is wrong to exit your funds or stop the SIP even when the market is under-performing. There is more to it! Systematic Investment Plans (SIPs) help in both market cycles- during profits and during losses.

What is the minimum amount required to invest in SIP?

SIP investment is one of the most disciplined investing options when investing in Mutual Funds. Moreover, the minimum amount of investing in a SIP Mutual Fund is as less as INR 500. This makes investing in Top SIP plans much convenient. Generally, some of the best SIP plans in India offer good returns when invested for a longer duration.

How to buy gold and silver by SIP every month?

Any registered user can buy gold or silver by SIP every month through Bullion India. You need to invest as low as Rs 1,000 per month. The SIP amount would be divided into 20 (days), in a month and equal amount of gold would be purchased.

How can I invest in gold and silver in India?

Bullion India offers SIP option to invest in gold and silver where you can invest as low as Rs 1,000 per month. This article is based on request from Shiv Anand on Suggest a topic.