Gold Price is making history, know how you can make money by doing SIP – how to invest in gold through sip and gold bond r

Share market, mutual funds or gold, people often remain confused about it. When the stock market increases, people’s mood swings in that direction. Mutual funds take time and gold is gold after all. The way the price of gold has increased in the recent past and people have got tremendous returns, it has raised hope in the minds of many people that they can earn money by investing in gold. Let us tell you how you can earn with less risk by investing in gold through SIP.

Through SIP you can buy a fixed amount of gold every month. Through various platforms, you can invest your money little by little in gold mutual funds. In this you do not buy gold directly but your money keeps increasing as the price of gold increases. Also, the good thing about SIP is that you can invest minimum amount and also stay away from big risks. For SIP you do not even need to open a demat account.

How does SIP work?

In mutual funds, instead of investing your money in a single share, your money is invested in many different shares. In such a situation, if the prices of some shares fall, your SIP does not go into loss as the prices of some shares increase. Also, by investing a small amount every month, you can constantly see whether you are in profit or loss. If you feel that you are incurring loss by investing money in a mutual fund, then you can come out of it anytime.

At the same time, gold is not affected by the market, hence gold bonds are considered safer as compared to stock market and mutual funds. In the long run, the cost of investment starts averaging due to which you accumulate more gold at a lower price. This is the reason why you can earn huge profits through this.

Disclaimer: Mutual fund investment is subject to market risks, read all scheme related documents carefully. Before investing, definitely take expert advice.