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Buy Digital Gold

24 Karat with 99.5% of Purity
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Buy Gold With MySiponline

Why Buy Gold Online?

  • 1
    Convenience
    No Visits to Jeweler
  • 2
    Security
    No Worries of Getting Stolen
  • 3
    Guarantee of Purity
    24 Karat & 99.5% Pure without any hidden charges
  • 4
    Liquidity
    Subscription and Redemption of units on all business days directly from the AMC
Buy Digital Gold
logo Today’s Gold Price
/g
99.5% Pure, 24 K
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Total Amount:
How we Calculated this ?
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Calculations
  • Today’s Gold Price 99.5% Pure, 24 K
    /g
  • Selected Gold Quantity
    1.0
  • Total Price
    * 1.0 =
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You are buying gold by investing money in
Nippon Gold Savings Fund - Growth
Why invest in this fund ?
  • Largest Asset Management Company
  • Non-Demat Account Holders Can Invest
  • Buy/Redeem Units on All Business Days
SID KIM
Returns (As on Apr 17, 25)
  • Period
    Returns (%)
  • 1 Year
    N/A
  • 3 Year
    N/A
  • 5 Year
    N/A
risko meter

Frequently Asked Questions

What Is Meant by Gold Investment Plan?

A Gold Investment Plan is an investment facility that allows investors to accumulate money for buying gold for specific purposes. Investors can invest monthly in the Nippon Gold Savings Fund (FOF scheme) over their desired investment period.

Where Is the Money Invested?

Investor funds are invested in the Nippon Gold Savings Fund, which in turn invests in the Nippon ETF Gold BeES. This ETF holds physical gold with 99.5% purity.

Are There Any Additional Charges?
  • Entry Load: Nil
  • Exit Load: 2% if redeemed or switched out within 365 days. After one year, no exit load applies.
  • Other Expenses: A maximum of 1.50% of daily net assets, including expenses from underlying investments.
What is the Minimum Investment and Tenure?
  • Minimum initial investment: Rs.5000 (multiples of Rs.1).
  • Further purchases: Rs.1000 (multiples of Rs.1).
How to Redeem from Gold Investment Plan?

Investors can redeem funds from the Nippon Gold Savings Fund on any working day at the applicable NAV and exit load.

Who Can Invest in this Plan?

The scheme is available to the public. Eligible investors include:

  • Resident adult individuals (single or jointly, up to three persons).
  • Parents or lawful guardians on behalf of minors.

RNAM reserves the right to modify the eligible investor categories based on SEBI regulations.

What Is the Lock-in Period of this Plan?

There is no lock-in period. However, if an investment is redeemed or switched out within 365 days of allotment, a 2% exit load applies.

How to Invest in Gold Investment Plan?

Investments are made monthly. The amount debited may vary based on prevailing gold prices. Investors receive alerts about upcoming debits.

How is the Monthly Investment Amount Calculated?

The required gold quantity is divided by the number of months and multiplied by the previous day's NCDEX gold price.

What About Taxation?

This scheme allows gold investment without the hassle of physical procurement. The investment value depends on gold quantity, and taxation applies per SEBI norms.