Recently, Reliance Mutual Fund announced to launch India’s first systematic investment plan (SIP) in Gold Savings Fund. Premium of the SIP Gold Savings Fund can be made on the monthly basis.
An online news portal about business and economy - economictimes.indiatimes.com, quotes a statement of CEO of Reliance Capital Asset Management Sundeep Sikka, “It was the first SIP in gold introduced in the domestic mutual fund industry aimed at helping investors to accumulate the yellow metal in small amounts regularly.”
So, the first SIP will be known as the collecting yellow metal in small amounts regularly. The Mutual fund helps investors in accumulating gold with their regular income.
Further he said, “We are introducing SIP in Reliance Gold Savings Fund. This is aimed at cultivating a regular savings habit among investors to accumulate gold in small amount through the SIP mode.”
Reliance SIP in Gold Savings Fund is aimed to cultivating a regular saving habit in gold sector with small amount through SIP mode.
With another statement of Sikka, “Reliance Gold Savings Fund is the only fund in the market which will enable investors to invest in gold in a paper form without the need of a Demat account as it provides the facility to invest through online medium and physical application mode.”
It is the most secure way to invest in Reliance Gold Savings Fund with Reliance Mutual Fund. Investors can invest in gold in a paper form without the need of a Demat account. There are both modes to apply for the Reliance Gold Savings Fund – physical and online. It is as benefited as Classic ULIP Plan of Reliance.
In the conclusion he said, “The new fund offer was a convenient way to diversify investment portfolio and reap the returns of gold from a long-term perspective.”
The news portal writes about the fund, “The fund allows small regular investments as low as Rs 100 per month and in multiples of Re one thereafter.”
An online news portal about business and economy - economictimes.indiatimes.com, quotes a statement of CEO of Reliance Capital Asset Management Sundeep Sikka, “It was the first SIP in gold introduced in the domestic mutual fund industry aimed at helping investors to accumulate the yellow metal in small amounts regularly.”
So, the first SIP will be known as the collecting yellow metal in small amounts regularly. The Mutual fund helps investors in accumulating gold with their regular income.
Further he said, “We are introducing SIP in Reliance Gold Savings Fund. This is aimed at cultivating a regular savings habit among investors to accumulate gold in small amount through the SIP mode.”
Reliance SIP in Gold Savings Fund is aimed to cultivating a regular saving habit in gold sector with small amount through SIP mode.
With another statement of Sikka, “Reliance Gold Savings Fund is the only fund in the market which will enable investors to invest in gold in a paper form without the need of a Demat account as it provides the facility to invest through online medium and physical application mode.”
It is the most secure way to invest in Reliance Gold Savings Fund with Reliance Mutual Fund. Investors can invest in gold in a paper form without the need of a Demat account. There are both modes to apply for the Reliance Gold Savings Fund – physical and online. It is as benefited as Classic ULIP Plan of Reliance.
In the conclusion he said, “The new fund offer was a convenient way to diversify investment portfolio and reap the returns of gold from a long-term perspective.”
The news portal writes about the fund, “The fund allows small regular investments as low as Rs 100 per month and in multiples of Re one thereafter.”