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Reliance Money introduces Reliance Gold Exchange Traded Fund (RGETF) , an open ended Gold Exchange Traded Fund which will track the performance of Gold Bullion. The units issued under the scheme will represent the value of gold held in the scheme. It is designed to provide returns that, before expenses, closely correspond to the returns provided by domestic price of Gold.

Benefits of investing in  Gold Exchange Traded Fund
Safety & Security
Zero concerns about physical security, theft or adulteration when faced with the tasks of custody and spot transactions.
Safeguard in the form of electronic mode in case of unforeseen circumstances where you have lost all the physical wealth Long Term Commitments
A cost effective and convenient way to invest in gold through an instantaneous exposure to a physical asset viz gold. For example it can help accumulate gold for your daughter’s wedding Transparency & Liquidity
Its units can be traded like a share and therefore it provides the ability to buy and sell them quickly at the ruling market price and therefore highly liquid Diversification
An efficient diversification for the portfolio of the investor

Cost Effective
The expenses incurred in buying and selling units and the schemes ongoing expenses will be less than the costs associated with buying and selling of gold and storing and insuring gold bullion in a traditional gold bullion market. 

I recommend this type of investments. Please make sure that the exposure doesn't exceed 20% of your portfolio value. 

For more information on Reliance Gold Exchange Traded Fund (RGETF), Please click here.