Are there any GOLD ELSS funds which can help me save tax too?

I was keen to know if there exist any gold investments which help me save tax when invested for a particular lock in period. Also considering todays conditions of the market is it wise to invest in gold? or Mutual funds?

asked May 26 '12 at 09:17 by Amit Patil 1111


Hi

there is no such Gold ELSS fund in the market. Not more than 10 percent of your portolio should be allocated to gold. and buy the gold thru ETF(GOLD BEES). if you have a demat account. if you dont have a demat account buy some gold mutual funds are there.

We can use mutual funds for achieving our long term goals.

answered May 26 '12 at 21:56 by vignesh 94671223

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Asked: May 26 '12 at 09:17

Seen: 2,036 times

Last updated: May 26 '12 at 21:56