Axis Money IQ Knowledge Nugget - 131

Things to Consider before investing in Gold Fund

There are multiple investment choices for almost every type of investor. But which investment you should choose should entirely depend on your financial goals. Financial planning teaches investors to determine their short term and long term goals. We are individuals who are emotionally attached to our goals. Some want to build a retirement corpus to remain financially independent in their golden years, others want to send their children abroad for overseas education. Some want to buy a luxurious car while others want to plan a destination wedding for their only child. Although it is true that every individual’s goals are going to differ depending on several aspects, financial goals are generally categorised as short term and long term goals. For example, buying a car comes under short term goals, whereas something like retirement corpus is categorized as long term goals.

If you are someone with a moderately high risk appetite and seeking investment in gold through market linked schemes, you can consider investing in Axis Gold Fund.

What is Gold Fund?

Gold Fund is an open ended fund of fund scheme investing in Gold ETF. The investment objective of Gold Fund is to generate returns that closely correspond to returns generated by Gold ETF.

Benefits of investing in Gold Fund

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Statutory Details:?Axis Mutual Fund has been established as a Trust under the Indian Trust Act 1882, sponsored by Axis Bank Ltd. (liability restricted to ?1 Lakh).?Trustee:?Axis Mutual Fund Trustee Ltd.?Investment Manager:?Axis Asset Management Co. Ltd. (the AMC)?Risk Factors:?Axis Bank Ltd. Is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.

Mutual Fund Investments are subject to market risks, read all scheme related documents carefully.