gold investments under rs.5000, great opportunity to buy gold.. keep money ready ladies!! – hdfc mutual fund launches gold and silver fof today check here for full details

In the past few years, the price of gold jewelery has reached an unprecedented high. Especially in the last one year, the price of gold has skyrocketed to the point where it is unaffordable for the common man.

It is impossible in today’s age for middle class people to shell out so much money and add jewels for their daughter’s wedding.

Mutual fund companies have introduced gold funds for them with such low investment. That too you can invest in schemes starting from Rs.500.

If we invest in ETF funds, we can see better returns than expected. HDFC Mutual Fund House has recently launched Edelweiss Gold and Silver ETF Fund of Fund. They are currently open for subscription. The company has announced October 21 as the last date for subscription.

Disclaimer: Mutual fund schemes are subject to market risks. Consult your advisor before investing and invest at your own discretion.