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Monday, 17 June 2013

DSP BlackRock World Gold Fund

Invest In Tax Saving Mutual Funds Online

Call 0 94 8300 8300 (India)

 

 

DSPBR World Gold fund invests globally in the equity securities of companies mining gold, other precious metal or mineral and base metal or mineral mining. The Fund does not hold physical gold or metal.

 

Gold prices fell sharply in April. This collapse was not an unanticipated disaster.

 

Over the past decade gold has had a golden run, but nothing similar is going to happen again. The commodity intrinsically is a useless asset because it does not produce anything or satisfy any tangible need. Its price rose so much because people thought that the price would keep on rising. Now that circular logic is broken.

 

Profits of mining companies are obviously linked to the commodity they produce, which reflects in returns of the DSPBR World Gold fund as it invests in such companies. It would be in your best interest to exit this fund and invest in diversified equity or debt funds as per your goals.

Happy Investing!!

We can help. Call 0 94 8300 8300 (India)

Leave your comment with mail ID and we will answer them

OR

You can write back to us at PrajnaCapital [at] Gmail [dot] Com

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Invest in Tax Saving Mutual Funds ( ELSS Mutual Funds ) to upto Rs 1 lakh and Save tax under Section 80C.

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Tax Saving Mutual Funds Online

These links can be used to Purchase Mutual Funds Online that are regular also (Investment, non-tax saving)

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These Application Forms can be used for buying regular mutual funds also

Some of the best Tax Saving Mutual Funds available ( ELSS Mutual Funds )

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      3. DSP BlackRock Tax Saver Fund
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