Union Mutual Fund launches two new schemes for structured gold investments

Quick Summary:

India remains the world’s largest consumer of gold, and these funds offer a structured way to participate in the gold market.

Gold plays a key role in portfolio diversification due to its low correlation with other asset classes and potential as a hedge against inflation.

The schemes offer key benefits, including cost-effective exposure to gold without concerns related to making charges or storage.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Union Mutual Fund new schemes Mutual Funds Gold ETF Union Mutual Fund Investment Gold ETF Investment Portfolio Diversification Union Mutual Fund new funds Gold Investment Union Gold ETF Union Gold ETF FoF Mutual Fund Investment Union Mutual Fund

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-12 @ 12:27:55 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26099490

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News Last Updated: 2 hours ago

Coverage Areas: India

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