Significance of gold in preserving a family legacy

Investment 18 Feb 2019

Did You Know? Metal gold is passed on from one generation to another in a bid to keep the family legacy alive. It is common for a mother to pass on gold jewellery to a bride during weddings.

Passing down gold jewellery from one generation to another is a beautiful symbolic representation of preserving ones family legacy.

Gold Glossary

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.

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