From where are you guys buying digital gold?

[LordPSN]

Hi
I am looking to diversify my portfolio. Currently dealing with MF and FDs.
Now thinking to buy digital gold?
Any idea where/which app should I go for?
Thanks in advance!

 

[viru5678]

I buy Gold ETF from Groww.

 

[_.Arjun._]

No tax on capital gains, will be sold/redeemed automatically during maturity

I saw somewhere that to avoid capital gains, we need to buy 3 years before maturity. Is this the case?

 

[paxauquabriba-4876]

I buy Gold ETF from Groww.

option 1 = physical gold but storage/security issue
option 2 = rbi sgb but STOPPED
option 3 = digital gold via safgold/gulak etc but UNREGULATED & RISK of being hot walet/crpto collapse (on top hav - gst, buy/sell charges)
option 4 = goldetf ?

whats the expenses, charges, exit fees on etf ?

 

[viru5678]

option 1 = physical gold but storage/security issue
option 2 = rbi sgb but STOPPED
option 3 = digital gold via safgold/gulak etc but UNREGULATED & RISK of being hot walet/crpto collapse (on top hav - gst, buy/sell charges)
option 4 = goldetf ?

whats the expenses, charges, exit fees on etf ?

ETF is like equity. You only pay for brokerage charges (for Groww Rs20 or 0.1% whichever is lower)

 

[fradela]

Go with Gold Mutual Funds which is better than ETF.

 

[paxauquabriba-4876]

Go with Gold Mutual Funds which is better than ETF.

Any knowledge of MF that is benchmarked to International Price of Gold instead of domestic ?

Lastly whats the advantage of goldmf vs etf ?

 

[fradela]

Any knowledge of MF that is benchmarked to International Price of Gold instead of domestic ?

Lastly whats the advantage of goldmf vs etf ?

Most of the funds only domestic. Invest only these funds.

Some international fund also there. better avoid them.

 

[fradela]

Any knowledge of MF that is benchmarked to International Price of Gold instead of domestic ?

Lastly whats the advantage of goldmf vs etf ?

No need to worry about liquidity issues in MF. ETF has liquidity issues.
No need of DEMAT account.
In MF, you can buy as low as possible. You can buy rs 100.