Our Funds
Related Links
Tools View All
Knowledge Hub Explore
Investment Frameworks
Insights View All
Obsessed with helping you invest better. Trusted by 50L+ investors*
Services
If you are a first-time investor or new to DSP, Get started here
New to IFAXpress? Sign up
Uh-oh! No results found. We're on it!
Listening ...
This will help us to improve and provide you a better experience.
Mumbai, April 17, 2023: DSP Asset Managers announced the launch of DSP Gold ETF, an open-ended exchange traded fund (ETF) replicating/tracking domestic prices of Gold. At a time when favourable macro factors and strong fundamentals indicate a good time to buy Gold, this new ETF offers investors an easier way to buy or sell gold compared to the physical version with the freedom to trade easily.
Investments in gold have typically done well at a time when there is a weakness in the dollar. With factors such as a global slowdown, the post – covid jump in dollar and expected monetary easing, the dollar is expected to weaken going forward, which could start a multi – year bull market in Gold . With global liquidity drying up, demand for Gold investments coming back and improvement in Central banks’ holding, the fundamentals are strong for a bullish gold outlook.
Holding gold in one’s portfolio can help to smoothen their investing journey as Gold is an asset class whose prices typically move in a different direction from other asset classes. Such diversification in their portfolio can help it fall lesser during times of a downturn. However, being a cyclical asset class, entering at the wrong time can impact returns in the short term.
The New Fund Offer for the DSP Gold ETF opens on April 17th, 2023, and closes on April 24th, 2023.
“Just as it is important to have a well-balanced diet for good nutrition, we should consider having a well-diversified portfolio with some Gold ETFs. Gold gives us an opportunity to hedge against a standard ‘equity-debt portfolio’ due to its low correlation with equity and often a negative correlation with debt as an asset class. Rather than taking a tactical view, I would suggest investors seek guidance from their trusted advisor and consider holding Gold ETFs on an ongoing basis, as a strategic asset allocation, in the range of 5 to 10% of your portfolio,” says Anil Ghelani, CFA, Head – Passive Investments & Products, DSP Asset Managers.
“With bulk of interest rate hikes likely behind us and continued volatility from global uncertainty, gold prices are expected to see upward movement. With China opening up their economy, and India seeing demand going back to pre-covid levels, Jewelry and Investment demand from the world’s two largest gold consumer nations is expected to pick up, building a good case for Gold,” says Ravi Gehani, Fund Manager, DSP Asset Managers.
Find out more about the fund here.
Sign up for our newsletters.
Investor Relations Officer, DSP Asset Managers Private Limited, Natraj, Office Premises No.302,3rd Floor, M V Road Junction. W. E. Highway, Andheri(East), Mumbai-400069, Tel.:022-67178000.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. © DSPAM 2024.
Any information regarding securities offerings, or references to securities offerings, that are contained on these pages do not constitute or form part of any offer of securities for sale or the solicitation of an offer to purchase securities in the United States or in any other jurisdiction where such offer may be restricted. The information in the coming pages is not intended for, and is not to be made available to, persons in the United States (being persons resident in the US, corporations, partnerships or other entities created or organized in or under the laws of the US or any person falling within the definition of the term "US Person" under the US Securities Act of 1933, as amended), wherever located. Any information regarding securities offerings, or references to securities offerings, that are contained on these pages do not constitute or form part of any offer of securities for sale or the solicitation of an offer to purchase securities in the United States or in any other jurisdiction where such offer may be restricted. In no event shall DSP Mutual Fund and / or its affiliates or any of their directors, officers and employees be liable for any special direct, indirect, special, incidental or consequential damages arising out of the use of information / opinion herein. The site, texts, images, designs, pictures, sounds, photographs, animation, and videos together with their layout and more generally all the items contained on this website are the sole property of DSP Asset Managers Pvt. Ltd. This site and all of the elements on this site are protected by Indian Law and by International copyright agreements concerning intellectual property. The content of this website must not be copied, modified, reproduced, distributed, transferred, edited or made accessible to third parties for any purposes whatsoever without obtaining prior permission from the owners of this website. *No. of unique investors who had invested with DSP at any time. ^Includes domestic AUM only, as on Dec 31, 2023 @ copyright DSPAM All rights reserved.
By submitting, I agree to receive a call from DSPAM for assistance.
We have received your query and will get back to you shortly.
Gain access to our latest articles on the world of investments.
Monthly update on all the information related to our funds.
Monthly insights on the economy and markets.
To help you our services, we would be grateful if yo could tell us why:
Mention reason
Describe reason
Update your preferences
The email address [email protected] has been removed from our mailing list. you will no longer hear from us.