The Gold Glossary

Gold Glossary

  • E-Gold

    Is nothing but gold held by investors in electronic form (demat form) similar to holding shares. E-Gold is one of the most price effective methods to invest in gold.

  • Entry load

    It is the entry fee charged by the gold ETF when an investor wants to invest in that mutual fund. The mutual fund calculates this charge as a percentage of the Net Asset Value (NAV). For instance, if NAV is Rs.20 and the specified entry load is 2%, the cost price per unit will be Rs. 20.4.

  • Exit load

    Refers to the commission paid by the investor during the time of exiting the mutual fund or Gold Exchange Traded Fund (ETF). The main purpose behind imposing the charge is to discourage investors from withdrawing from the mutual fund prematurely.