This is because Gold and Equity are negatively correlated i.e. Asset Allocation Considerations: You must bear in mind that gold as an asset class is best suited to diversify an Equity-heavy portfolio.But this expense ratio is still significantly lower than securely storing physical gold. This structure has a slightly higher expense ratio as compared to making direct investment in Gold ETF. Fund Management Fees: Gold Funds in India follow a fund of fund structure and primarily invest in Gold Exchange Traded Funds (ETFs).There are a few key things to consider when investing in Gold Mutual Funds: This is not the case with Gold Mutual Funds because the AMC will ensure the purity of the gold being used as security to issue Gold Fund units to investors. No Purity Concerns: There are often purity concerns with physical gold, especially when purchased in the form of jewelry.This is not the case with units of Gold Funds which can be easily purchased and redeemed from the Asset Management Company or via the stock market. Additionally, there is no guarantee that you will get fair market value for your physical gold in an emergency. Higher Liquidity: Buying and selling physical gold can be a cumbersome process.That's why the cost of investing in Gold Funds is lower than acquiring physical gold. Such charges are not applicable to Gold Funds and the only cost you need to pay is the expense ratio of the fund. These charges can include making charges for jewelry, customs duty, GST, etc. Low Cost of Acquisition: Purchasing physical gold features a number of charges beyond the actual cost of gold.What's more unlike vaults and lockers, there is only a minimal cost in the form of expense ratio for maintaining your investments no matter how large your digital gold holdings are. This is not the case with Gold Fund investments, which are securely stored digitally in your investment account or Demat account post-acquisition. Minimal Storage Costs: Physical gold needs to be stored in secure vaults and lockers to ensure that it is not stolen.Gold Funds are a type of digital gold investment that provides various advantages over investments in physical gold. (The copy will be updated with further details.You can invest in Gold both in its physical form and in its digital form. We regret the inconvenience this incident has caused,” the spokesperson added. We want to assure everyone that this action was not intentional. This was an aberration at Coding Ninjas and against our values and culture as an organisation. “Disciplinary action is being taken against the concerned employee. They added that the incident was an isolated event and the company is taking measures to ensure that it will not be repeated. In light of the incident, the founders also personally expressed their regret and apologised to all the employees,” a Coding Ninjas spokesperson told Moneycontrol. The same was immediately rectified within minutes, the employee acknowledged his mistake and apologised for the inconvenience caused due to his actions.
“We want to clarify that the incident that occurred two weeks ago was due to a regrettable action by an employee in one of our offices. Moneycontrol reached out to Coding Ninjas for a clarification. In the video, the watchman informed that one of the managers has ordered him to not let employees out of the office without his permission. Nowhere else would anyone dare to pull off something like this,” said Handa, in his tweet posted early morning on June 3. “Indian edtech founders are now literally locking in their employees. Edtech entrepreneur Ravi Handa took to Twitter to share a video where a watchman is seen locking doors of an office of Coding Ninjas, informing employees that their exit without permission has been prohibited.
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