SBI Gold Fund – NFO
Brief on SBI Gold Fund : The two most important concerns while buying gold are purity and safety (in terms of storage). To address both these concerns, SBI GETS (Gold ETF ) was launched where investments are made in dematerialized (demat) form. Considering that dematerialization is a new concept in India and there is very low penetration of demat accounts amongst Indian investors. This low penetration has prevented access to gold as an asset class for investors who don’t have…