What are the benefits of purchasing gold through SIP?
Here are some benefits of purchasing gold through SIP:
Start small: You can start off by investing as little as ₹100 monthly to accumulate gold and see it grow in value. You can also choose to invest a higher amount of upto ₹15,000 on a monthly basis after you set your investment goals.
Rupee-cost averaging: As you invest a fixed amount every month, you can buy more grams of gold when the price is lower and fewer grams of gold when the price is higher. Rupee-cost averaging also helps dilute the effect of short-term market fluctuation on your investments, making it beneficial for you in the long-term.
No lock-in: There is no lock-in period. You can stop the SIP anytime and choose to get your gold delivered to you or sell it.
Learn more about setting up an AutoPay for Gold SIP.