Invest in Mutual Funds
Equity Mutual Funds offer the gains of the stock market at very affordable cost. Instead of learning about the market and following sectors/companies, you have professional investors work hard to grow your money. While you enjoy you continue with your life and job while your money grows along with the market.
Debt funds are mutual funds that invest in fixed income securities like bonds and treasury bills. Debt funds are preferred by investors who are not willing to invest in a highly volatile equity market. A debt fund provides a steady but low income relative to equity.
Hybrid funds are mutual funds that invest in a mix of equities and income securities like bonds and treasury bills. Hybrid funds are preferred by investors who wish to balance between high risk – high returns of equity and the lower risk , lower return regime of bonds. The fund house automatically balances the allocation between equity and debt.
This is increasingly becoming the mode of holding Gold from an investment perspective. They allow investors by units of a gold fund on the stock exchange. The gold fund is a passive in gold investment.