The Quantum Gold Savings Fund (QGSF) invests in units of Quantum Gold Fund – an Exchange Traded Fund (QGF), which in turn invests in physical gold. Thus enabling investors to invest in a Gold ETF using the SIP mode and without a demat account.
1. Helps diversify your money in gold, an important tool for diversification.
2. Enables investments in gold through an SIP or STP of as little as Rs 500/month.
3. No need to open a demat account as is the case with Gold ETFs.
4. Takes care of all risks of storage and safety for a minimal expense ratio.
5. Ensures quality of gold is up to the mark.
Name of the Scheme & Tier I Benchmark
Quantum Gold Savings Fund
(An Open Ended Fund of Fund Scheme Investing in Quantum Gold Fund)
This product is suitable for investors who are seeking*
Risk-o-meter of Scheme
Investors understand that their principal will be at High Risk
Risk-o-meter of Tier-1 Benchmark
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
The Risk Level of the Scheme in the Risk O Meter is based on the portfolio of the scheme as on Jan 31, 2024
The Risk Level of the Benchmark Index in the Risk O Meter is basis it's constituents as on Jan 31, 2024
Investors may please note that they will be bearing the recurring expenses of this Scheme in addition to the expenses of the underlying Schemes in which this Scheme makes investment.
A Gold Savings fund is a type of mutual fund that invests in Gold ETFs which in turn invest in physical gold. The fund aims to provide investors with a convenient and cost-effective way to invest in gold, without the need to hold physical gold. Investors can buy and sell units of the fund at the net asset value (NAV) of the fund.
Gold Funds can help diversify your money in gold, an important tool for diversification. They aim to track the price of gold and generate returns in line with the returns of physical gold subject to expenses. Gold Savings funds offer investors all the benefits of the underlying Gold ETF – assurance of purity, price-efficiency, no storage hassles, and liquidity.
• Mutual Fund investors who prefer the SIP route of investing can invest in Gold ETFs via a Gold Savings Fund for as little as Rs 500/month. One does not need to open a Demat account to invest in a Gold Savings Fund as is the case with Gold ETFs.
• Investors can invest or redeem investments in Gold Savings Fund at NAV which is declared daily. Gold ETF units on the other hand can be bought and sold at market prices on the exchange any time during the market trading hours.
Gold is a strategic asset class that should ideally always be part of investment portfolios to the tune of 15-20% given its characteristics as a portfolio diversifier , source of liquidity and preserver of purchasing power.