When I was planning to invest into gold sometime back I thought that the only way to invest in gold was in physical form. But after one of my friend told me that there is something called Gold ETFs(exchange traded funds) which I could invest in, I took my chances and invest in Gold BeES which was probably the best one according to my friend.
I took the risk and the rest is history. The returns which I got after investing were staggering and it just got me going and more hyped up about exchange traded funds in general.
Coming to Gold BeES, I think it is easily the best gold ETF there is and also thelargest and first exchange traded funds in India, in the last 6 monthand it has generated approx 30% return which is highest as compared toothers in the same category, moreover the liquidity is not an issue forGold BeES and is easier to buy and sell in the stock exchange due tohuge volume.
Gold BeES by Benchmark is potentially cheaper if you compare to any other gold etf in India(i think there are currently 6 in India) to have price exposure to gold price as compared to other available avenues.
also gold beES is quick and convenient when dealing through a demat account. Which makes it much more easier to trade as there are No storage and security issues.
There are many more advantages which I have availed from gold BeES and there is not a single doubt in my mind to invest in it. So all you people who are looking out to invest in gold. trust me and do not invest in physical gold as gold BeES(you may try googling it) is the way to go.
Happy Investing!