Missed investing in Gold & Silver on Akshay Tritiya? Don’t worry! Every day is an auspicious day for investing!

We associate auspicious days like Akshaya Tritiya with purchasing gold and silver to bring good luck, prosperity and success. But did you know, apart from its use to make jewellery, gold and silver have the potential to add shine to your portfolio as well?

Gold helps in diversifying and adding balance to your portfolio. Since FY2000, gold has outperformed equities in financial years where equities had a negative return (see table below)! It also serves as a hedge against unforeseen geopolitical events and a buffer against currency depreciation.

Past performance may or may not be sustained in future and is not a guarantee of any future returns. HDFC AMC/Mutual Fund is not guaranteeing or promising or forecasting any returns.

Similar to gold, silver has similar uses for portfolio diversification and hedge against currency depreciation. However, silver also has considerable use as an industrial metal in new age technologies including Electric Vehicles (EVs) and solar panels. This makes it an attractive investment.

So while Akshay Tritiya is an auspicious day to invest in gold and silver, why wait solely for this day to invest?

With HDFC Gold ETF@, HDFC Silver ETF@, HDFC Gold Fund and HDFC Silver ETF FoF, you can set up a monthly or weekly Systematic Investment Plan (SIP) to invest regularly, even with small amounts!

@ Investors can set up SIPs into ETFs as most brokers allow this feature

What are Gold ETFs and FOFs?

A Gold Exchange Traded Fund or ETF is a mutual fund scheme that collects money from investors and invests in gold and gold-related instruments. It is passively managed and the returns are more or less aligned to the price of gold. Each unit of the scheme represents 0.01 gram of physical gold that is 99.5% pure. The ETF is traded on exchanges so investors can buy and sell it using their trading account. HDFC’s Gold ETF was launched in 2010, which reflects our long experience in this space.

Alternatively, investors without a demat account can invest in HDFC Gold Fund. HDFC Gold Fund is a fund of fund scheme investing in the units of HDFC Gold ETF.

What are Silver ETFs and FOFs?

Silver ETFs are schemes that invest in physical silver and silver-related instruments. HDFC MF launched the HDFC Silver ETF in September 2022 which allows investors to invest in silver digitally. Investors can purchase / redeem ETF units on the exchanges. Alternatively, investors without a demat account can invest in HDFC Silver ETF FoF. HDFC Silver ETF FoF invests in units of HDFC Silver ETF.

Apart from the convenience of investing regularly even with small amounts, the gold and silver ETFs and Fund of Funds free investors from the hassle of physical storage, assessing purity etc.

So even if you missed investing on Akshay Tritiya, we believe any day is an auspicious day for investing in Gold and Silver. You can also make periodic investments by starting an SIP in HDFC Gold Fund / HDFC Silver ETF FoF.

Note: Investors in HDFC Silver ETF Fund of Fund and HDFC Gold Fund shall bear the recurring expenses of the Scheme in addition to the recurring expenses of the respective underlying Schemes (subject to regulatory limits).

HDFC Asset Management Company Limited has been managing equity Index Solutions for 20 years. Index Solutions also include passively managed fund of funds and commodity(ies) based schemes.

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.