Gold is one of the most precious and valuable commodity. With time, this commodity turned into an important assets class, and the possession of the gold changed from gold jewelry to paper gold, but the value of the metal remained the same.

Price Chart of Gold of Last 10 Year

Gold is seen as a safe-haven investment option, not only is it a hedge against inflation, but it also have a low correlation with other asset classes. In India, buying gold is a tradition and custom, and every Indian knows the value and importance of this metal. With so many benefits, and being an important part of one’s life, it becomes almost mandatory for us to invest in gold, but how to invest is a big question as now, it’s not important to hold gold in physical form. So, to help you choose, discussed below are the investment option that can be used for investing in the yellow metal;

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Now Is Best Time To Save Tax & Earn Returns Too

A New Fund Offer (NFO) is the first-time subscription offer launched by the investment banks or assets management companies.  It is primarily launched in the market to raise capital from the public to buy securities such as shares, bonds from the market.

Previously, the first public issue of Mutual Funds was also named IPO, but investors got confused between the IPO of a share and IPO of Mutual Fund. Later, the first public issue of Mutual Fund was named as the New Fund Offer or popularly known as NFO.  It is to be noted that NFO is always issued at a face value unlike the IPO, which can be issued at a premium.

When an Asset Management Company (AMC) plans to offer a new Mutual Fund Scheme, it launches offer document first. Important information to look for in the offer document is the risk related to the investment both general, as well as, specifically related to the scheme.

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