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Information about Gold Savings fund
| 1 | How to buy? | Just go to the designated sale centres approved by Reliance mutual fund and buy the Gold Savings Fund |
| 2 | What is the minimum investment amount? | Rs.5000 |
| 3 | How can I sell the units of Gold Savings Fund | Just go to the centers of Asset management company and sell the units |
| 4 | Is Demat account needed to buy the fund | Most important advantage of this fund is that the, investors need not have Demat account. |
| 5 | Is SIP or EMI facility available in Gold Savings Fund | Usual SIPs available |
| 6 | What is the entry load? | No entry load |
| 7 | What is the exit load? | Exit load of 2% if redeemed within the first year, and after that no exit load. |
| 7 | Tax | Long term capital gain tax after one year |
| 8 | Benchmark | It tries to track respective Gold ETF of the parent company in the exchanges |
| 9 | Asset allocation | 95-100 % will be in Gold ETF and 0-5% will be in Fixed deposit and other money market instruments |
| 10 | Expenses | Recurring expenses for the scheme and expenses of the Gold ETF. Normally it comes to around 1% to 2%. Expense is higher than Gold ETF. |
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